Replies to post #5399 on Profunds index and sector trading (PRO)

[positiontrader]

Yes I should have shorted but I will be happy to buy at a lower price and get on the right side of the fence

[otraque]

QQQ couldn't get to and break 38.00 no matter how it tried.
Barring surprise tomorrow, a significant sell-down should be at hand, say 5-7% if JR is within expectations.
If job's number lays a foul egg;
well those short are sitting pretty .