Replies to post #33119 on Profunds index and sector trading (PRO)

[tarm]

<<< Todays move in the major indices (sans NDX and COMPQ) qualifies IMO as a breakout from congestion. >>>

I disagree. It is not breaking out on high volume. Though volume may come. But till the volume supports this break out, I am not convinced. I am ready to take risk till then.