Replies to post #5649 on Profunds index and sector trading (PRO)

[positiontrader]

Warp,

I think we will head down ,but not enough direction on the intraday charts for me to bet on it.

Regards

Marc

[was Steve]

a little coin is the right way of putting it. had a nice 3% day in the am, then rally ho. settle for .8% by the close. hey at least ndx didnt close green like it looked.

i flipped the shorts added to ndx last night to spx.

i considered taking the first (approx half) to cash) but couldnt pull the trigger.

so im 100% short for tomorrow with ndx and spx

lots of earnings tonight and employment data in am to juice markets. not to mentin europe will ahve to play catch up to the tune of about .8% so they should all be green (as long as overnight news doesnt affect the markets)