Replies to post #37071 on Profunds index and sector trading (PRO)

[euterpe1]

This chart is not looking too supportive of the short scenario.

http://stockcharts.com/h-sc/ui?s=$USD&p=D&b=3&g=0&id=p44406268867

You can change it to a weekly view, but it's not any more promising.

[euterpe1]

Took some lumps on the RYDEX short, but made some dough on qld and qid. I sold the position at the am cutoff. I formalized my methodology this weekend to a more simple strategy defining ST, MT and LT strategies.

Here's to having a profitable Sept - Dec.