thank you so much for the info.  wasyx seems like a nice fund for any type of market.  i've heard good things about the leuthold funds.  the loads for the quaker funds keep me away. 

i am wondering what you think about jordx?

track record is limited and basic materials exposure is driving returns recently.  however, at least gerald jordan has a bear market strategy that seems to have worked by buying puts for protection at the right time.