Replies to post #34032 on Profunds index and sector trading (PRO)

[tarm]

In my opinion, long and shorts both will get frustrated for next few weeks, with markets not going any where fast. This is based on the huge magnetism/gravity of nice round numbers in indices (SPX 13000, OEX 600, WLSH 13,000, RUT 700).

[Gizmo]

Obviously, patience is not my virtue.

Entered 1/2 short at close since I have a hunch there may be some unwinding of opex related long positions Monday.