Replies to post #24632 on Profunds index and sector trading (PRO)

[positiontrader]

I think we will be down from the get go on Monday or a pop and drop.


Time will tell

Marc

[mr_cassandra]

I see a lot of merit to that opinion. The mclellan summations for nasi and nysi are still declining, as well as the one on the amex I calculate myself. $bpcompq and $bpnya both still falling.
In addition, mdys price chart has a serious breakdown of its recent months uptrend.
Am still in cash awaiting either a short signal or a buy; which ever occurs first.