Replies to post #13714 on Profunds index and sector trading (PRO)

[Namiar]

A close above 1498.4 (the close 2 days ago) will get me an ATH. Not much else to report today.

Nice job timing the Biotech. You are pretty good at nailing those sectors. Sans the infamous gold trade.

[nuclearpayload]

Steve, Haven't been here in a while. I've actually turned off everything, I don't follow the FED anymore and I've never traded better. I'm using a combination of Elliott and Pring. It seems that crawling into a hole with nothing but the Prophet charts has been the trick all along. I bailed on BT at the close on 7/6 and went into BM for a day (7/7, which turned out to be a good call) and then went to cash. I am still holding the RRPIX but I have learned a little about bonds, i.e. rising FED rates do not necessarily translate into rising bond rates, but that is about to bounce or stop. Am also trying the RSI-5 strategy this time around....sigh...

Good luck. I'll pop in from time to time. My website will get updated occasionally. It suffers because I don't have FrontPage on this laptop.

KC