Replies to post #37110 on Profunds index and sector trading (PRO)

[euterpe1]

Thanks. It looked like more down was ahead when I started to unload, but when you are countertrend trading you don't look a gift horse in the mouth.

I am not so surethat the trend hasn't changed to down. I think we see slightly more down tomorrow and then a bounce up. One gap got closed today. There is a big gap at 1800 and that will get closed...it's just a matter of when. Let's see if we make a right shoulder here or at least return to the mid BB's on the daily charts.