Replies to post #10133 on Profunds index and sector trading (PRO)

[otraque]

A-I--Your view that January Highs were the top for this year is going to get the acid test next week, imo.
I have moved from 90% sure we will have high 2004 tops in the shorterm ahead, to now just 50/50.
For selfish reasons it would be more profitable to me to get short on one last run-up.
Now must i be ready for possibility of going short sooner than expected.
Going back to 2002, the week ahead is crucial, as the 2002 pattern might indeed be forming now.
p.s. i do speculate on global events---the Iraqi situation is getting chaotic about 6weeks before i had speculated.

[otraque]

AI, Stan Hochberg of Elliot Wave International on Bloomberg TV says we are getting close to a market roll-over in NDX( a roll-over compatible with what we have been having has been just a expected bull rush in a longterm Bear market).
He also states Ned Davis , who uses other methods, sees the same. (i have much respect for Ned Davis)
i note again i don't do E_Wave, but i listen to those who do and see if we are correlating in our views.