Replies to post #1292 on Profunds index and sector trading (PRO)

[WinLoseOrDraw]

tomorrow is shaping up key for me as well. i have 5 of my 6 key SMAs within .25% of each other on $indu and $spx. $ndx is, as usual, a chaotic mess. -g-

other recent times they've bunched up like this were morning of apr 1 and late apr 4. i could only get so lucky, lol. i went long ES in AH, but not heavy.

[positiontrader]

Steve,

Because I am afraid of getting caught in a short covering rally.I will short on countertrend days and after another significant rally occurs.The market is acting like I thought it might.

Regards

Marc