Replies to post #9902 on Profunds index and sector trading (PRO)

[Z-M-L]

Wes, if I am early my STOP LOSS at 1520 is there to protect the position. However, if the NDX takes out 1430 that will be the first indication that the Larger Wave 3 is underway. A move below 1368, will be the final confirmation that Wave 3 to the downside is underway.

I am NOT a perma Bear or Bull. But the correction since March of 2000 looks "incomplete" to me. IMHO