Replies to post #1886 on Profunds index and sector trading (PRO)

[was Steve]

hey at least im not the only one losing money. i find some comfort in that (NOT!).
steve

Don's latest

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Market Swing Discussion: Chat Room Notes and Recaps
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Posted by Nikko_thyme on Wednesday, April 23, 2003 - 10:53 am:

Chat Notes : Wed 4/23/03 10:00 AM

weekly Signals :

SPX, NAZ, RUT : CLASS 2 SELL area

All other indices could reach the CLASS SELL area by next week
depending on how the market fluctuates.

Daily Signals :

SOX, NAZ, NDX, RUT : CLASS 1 SELL (Yesterday at the Close)

SPX, OEX : CLASS 1 SELL (Intraday Today)

DOW : OVERBOUGHT

GOLD : CLASS 2 SELL

USD : LOWER MIDRANGE and may be breaking down.

The Tsunami Indicator has this week as a window where short positions
can be accumulated, as the market may move higher. The minimum
expected move down for the NDX is 18%.

Donald is currently holding a 69% short fund position. He is also
holding short option positions.

[Justa Werkenstiff]

I do think Asia's weakness is SARs related and that is a developing issue that can't be ignored. Today, virus was found to have a 24 hour life outside of the host and that is not good if true as it is very contagious then.