Profunds index and sector trading

[was Steve]

Hi marc,
I am surprised you bailed, but a profit is always a good thing. I looked at today as a failure on bears part to sell it off when by all rights we should have been down 20 or more today. imo this was a consolidation day fwiw. that little ugliness at the close did come out of nowhere to surprise a bunch of folks im sure. was there any news to cause the spike down?

how do you see the rest of the week shaping up. I can see some down in am. if reports are bad then it could pick up some steam. since i have repeatedly been hit over the head by da bull, its hard to imagine it ever cracking. i do know that it will at some point it will and when it does it goes down for weeks.
steve