Replies to post #18514 on Profunds index and sector trading (PRO)

[was Steve]

one more data at 10. will it add fuel to the fire or put it out? we will know in 9 minutes. my guess it marks the first of possible two intraday highs today and then we start to grind down

[Ek]

farley is a TA guy, author of swingtrading. here's the web site

http://hardrightedge.com/

ek

ps: i was incorrect about attributing that remark to farley (as it happens).recently i read chris farrell, who suggested buying a bad news stock at the open as one of the safest short term bets.