Friday, June 08, 2007

Defender: What have you done for me lately?

We've now been through two corrections since the Defender Fund (DEF) was created, and it hasn't defended diddly-squat.So I'm dropping DEF from my fund lineup. It will remain off my list until I see some evidence of DEF outperforming the S&P on down days - which was the whole point of the fund in the first place.

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