Replies to post #37140 on Profunds index and sector trading (PRO)

[choad]

You guys have sure gone lame......Steve must have become completely crippled.....hard to believe that you profunds traders can't find anything to trade with the volatility of the last few weeks......you should be raking in the chips! LOL

[euterpe1]

I went long RYDEX 2x NDX at the AM price. Sold half at the close. If we retest 2200 or open lower, I will buy more. I think we are done with the down move.

Note the Divergences on the $VIX.

http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=1&mn=0&dy=0&id=p37789212358