Replies to post #5409 on Profunds index and sector trading (PRO)

[was Steve]

<BTW, I went to cash today from 40% long. My model achieved the "go to cash/optional short" threshold for the first time since early September.

we must be up there for such a rare event as that. congrats on another new high and following your model on last nights entry despite your belief that it wouldnt work well.

[kanuti]

Hi Warp,

Yes, I know nothing works all the time I was just making a comment and probably should have put a <g> at the end. I have done a lot of back testing too but my methods might not be as refined as yours or Marc's. Sometimes I get impatient and jump the gun as I did Monday. But when I do that I play light and by adding on Wednesday and Thursday I am still only at 50% short. I also have a few long term longs that did quite well this week so the pain has been minimal.

I will be doing some more research tonight but from what I can see so far tomorrow is make or break day for the very short term. If we don't get the down movement I feel comfortable with, shorts will be closed.

Thanks for the update on your model.