Profunds index and sector trading

[positiontrader]

Steve,

I bailed because I don't know or think I know where we are headed short term.I think it is a headfake down,but for how long?One day or three?It is unclear to me.I didn't pick the countertrend day on Friday but stayed because I know it is normal to have countertrend days out of overbought conditions and then bounce.

It is not normal to do what we did today.Reverse the direction of the slow stochs when we are not in overbought or oversold conditions.Therefore I bailed.If we resume the trend tomorrow I will get back in.If not I will wait until I could see a direction.

You said something about a mailbox earlier today and I checked out a new feature I had not used .Again I learned something else today.

I may sign up for a lifetime membership later today.

Regards

Marc