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Strategies & Market Trends : KEEP IT SIMPLE TRADING / Profunds -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (107)2/17/2004 12:42:03 PM
From: steve from ihub  Read Replies (1) | Respond to of 177
 
im not sure what you were tracking in the spreadsheet so i cant comment on that. my guess is it wall all pricing based and had no TA inputs. not that there is anything wrong with that..after all, price is how we are measured.

one thing i can suggest is you look at the daily/weekly charts of the underlying dow jones sectors. i have links on my thread. it gives a snapshot of the whole lot. dont try it unless you have high speed access or could take awhile. also look at the intraday quote link to the sectors. remember you have to multiply the quotes by 1.5 to get the funds return.

while some sector funds move less or slowly in relation to the ndx, here is a copy of a post i put together awhile back to show which funds are the real movers when it comes time to launch a long acct position.

Posted by: Steve
In reply to: Steve who wrote msg# 6236 Date:2/4/2004 2:17:44 PM
Post #of 6377

just put the finishing touches on some research i was doing on big rally days over the last four plus months. i was curious to see where i could get the biggest bang for my buck on these 10 rally days. heres the scoop.

semi sector 4.24%
inet sector 4.10%
2x ndx 3.95%
wireless 3.36%
technology 3.09%
gold 1.59%

gold really suffers in this as it had half of the 10 days negative whereas all instances of all sector funds were green

so next time i go hog wild long at a buy point (like this week sometime), im going to grab an equal amount of semi, inet and 2x ndx long fund.
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as for today, wireless sector is up HUGE due to buyout deal and gold is the number two fund of all profunds and is up around 3.7% today.