Replies to post #30895 on Profunds index and sector trading (PRO)

[xe2dy]

Steve, since your now 2x short NDX via USPIX (I assume), what do you think about UCPIX the 2x short RUT fund? I currently have both. TIA Ed

I'm holding short based on the following and the idea that the current NDX chart could be forming a bear flag.

(1) The percent of NDX stocks above the 200 MA has been stalled
at 60 or under for the last twelve days.

(2) The BPNDX has stalled at 57 with no improvement over the last
six days.

(3) NASI weekly candle is white but it closed below last week's
black candle high. A similar pattern as in late Dec 04 and
late Feb 05.

[kedew]

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[kedew]

Great returns Steve !! what type of indicaters do you use in excel? are your returns based from bull and bear funds ndx ?
do you trade any other sectors ? what does ATH'S mean? thanks ken d.

[blasher]

so Steve, those percentages are not your returns, but rather your winning percentage ??
if so, more importantly, what kind of returns are you getting ??

Thanks!