Replies to post #32376 on Profunds index and sector trading (PRO)

[Namiar]

If internals stay the same or worsten, I will be moving into a Bull market long scalp for next Tuesday. About 35% NDX and 30% SPX with RUT abstaining.

[kanuti]

Can't do anything. Moved all accounts to Profunds.

FWIW I did contact most every broker except etrade and for mostly trading Profunds, only TDWaterhouse and Fidelity were semi-acceptable. Both had their drawbacks, TDW's was their T+1 hold time and orders would have to be called in. Fidelity's was the 1/2 hour before close cut-off. On the other end was Schwab with a .7% redemption fee if held less than 180 days.