Replies to post #32164 on Profunds index and sector trading (PRO)

[frenchee]

Hello Gizmo,

Happy Thanksgiving.

Your analysis has been very keen of late. Thanks for sharing with us...

[bl]

New Highs/New Lows still do not confirm the rally. The bullish contrarian view would be that the rally has plenty of room as these catch up fueling higher prices. I would agree except MSFT has been on a tear and maybe along with some other big caps. I like your scenario of a pullback then rally. Long since mid oct.