Replies to post #12447 on Profunds index and sector trading (PRO)

[otraque]

Are you out the red Steve???? ^XAU broke down to today as it approached its initial breakdown point--this will be a very high resistance line.

[positiontrader]

Steve,

My gut feeling tells me you did the right thing.

Currently 200% long.Horns in place.Looking forward to the next leg up. I just hope it is not a head fake.It went for a couple of those recently.

Regards

Marc