Replies to post #10034 on Profunds index and sector trading (PRO)

[was Steve]

semis were relatively strong today. if they join the selling party they will be a big drag on teh nas/ndx manana.

today i got back a piece of the huge drop yesterday. 1.21% to the good. RE sector dragged me down a bit but could have been a LOT worse as it was down about 5% in the am.

[positiontrader]

Steve,

You once said it would take 6 months to learn how to read the intraday readings.I thought that was too long but you may be right.I am still thinking down today but we will see.

Regards
Marc

[was Steve]

CUV is working overtime tonight. was minue .9% and on avg eurorpe was down about 1.4% before the 830 am data but has now dropped to closer to 2% drop now. our futes have got sent to new lows as well. gap closure looks like it could happen today, which is 2-6 trading days ahead of schedule