Replies to post #25795 on Profunds index and sector trading (PRO)

[was Steve]

to the bull case you can add that the number of new lows in the nas is NOT expanding with the drop in the nas over the lsat two weeks. that is a very nice divergence. now if only the price would rise

http://www.investorshub.com/boards/read_msg.asp?message_id=1666086

[tarm]

Dimension, (and others)

Thank you for the very good post. The conditions do favor bounce, but the stats says dump before bounce.

<<<< Some very heavy and weird activity on MNX contracts Friday. For example, looks like a couple of calendar spreads or strangles using WAY out of money contracts. That's very odd and may suggest an institution is thinking this mkt could head down fast. I AM NOT SURE how to interpret this yet, the action on the MNX was very heavy for Feb and March contracts, which is not typical, and that weirdness worries me a bit. >>>

I do not much about options but this sounds like a good case study, let's see how it unfolds.