Replies to post #13751 on Profunds index and sector trading (PRO)

[was Steve]

thanks Jim. it was a short term trade. it all really hinges on what happens after 215 fed announcement. if it tanks i will sell it. if it closes above 86 xau i will hold at least half and may add to the position. i feel 86 is very key. above and the target is 89/90 xau next week

[jrintl]

Were you saying that market always goes DOWN on Fed rate hike day (1st one) or do I have you confused with someone else? tia

PS- No fair answering post-4:00 PM g