Replies to post #36977 on Profunds index and sector trading (PRO)

[was Steve]

thanks i got really really lucky as it wasnt working well until the market tanked. i moved to a 60/40 short long position for thrusday so im net 20% short

[kanuti]

Most times there is a pretty good pullback from this level of overbought. Scary though as most is the keyword and the times the march upward continued the index gains were large.