Replies to post #1714 on Profunds index and sector trading (PRO)

[Ace Hanlon]

We will see how Europe does. But glad I hiked my emerging market fund position yesterday.

[PEACEB2U]

Steve --I've got the COMP dailies hitting the upper BB. I've got my RSI over 70 and Stoch approaching 70. SPX almost the same. We probably do go up Mon morning but should probably start down by Mon afternoon or Tues morn. But then again--What do I know? Better to short up here than at the lower BB huh <g>?

PEACE

[augieboo]

COMP Ascending Triangle w/Target of 1600

#msg-931531
#msg-931965

For more info watch the MDA thread. #board-1320

[Culmus]

[Culmus]

Steve, European markets will be closed on Monday too. If the US is up on Monday I'd look for a nice gap up in Europe on Tuesday. FYI. But that won't mean much on a technical basis anyhow, since we are trading way above our March 21st highs already.