Replies to post #36158 on Profunds index and sector trading (PRO)

[frenchee]

thank u

[Namiar]

Steve!!!

Your back! How goes it??

Me? I've drifted my interests elsewhere. I have mentally looked to follow an RSI-5 trading model over the past few year. Sit in cash, the move in when NDX RSI5 <30.

This latest carnage compelled me to check back with IH.

Using the SP500 as a proxy, we had a "benchmark" low a few weeks ago. Yesterday/Today constituted a retest. It looked bad mid-day, but the SP500 "miraculously" pulled it out at the close.

Benchmark lows still intact.

I'm all in. Like 200%.