Some days you look at a relatively placid index and you shake your head compared to what you see in individual issues – today is one of those days. There are a host of ugly reversals out there – here is one such example but there are many. You wouldn't know it from a relatively mild selloff in the major indexes.
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund's holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/index.php/the-fund/holdings