Replies to post #1653 on Profunds index and sector trading (PRO)

[positiontrader]

Steve,

I agree.With the NDX unable to hold gains the next countertrend down day may get extended to Wed from Tues.I will be able to say more on Monday as the charts form


Regards

Marc

[was Steve]

bought back my sox puts from yesterday. this time at a higher level. got them at sox 322.77. may have upside to 325-330 if things get crazy to upside but i dont think they do. should be a much better entry than yesterdays. hod at this point is 322.97. heres to hoping we dont see 330.
steve