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Phantom Fund UP In May. DJIA, S&P 500, NASDAQ Down Sharply For Month

|Includes: DHR, CurrencyShares Euro Trust ETF (FXE), GLD, NVMI, PH, TRS, UUP

May was a horrific month for the markets. But The Phantom Fund was in the black. Here are the summary results;

May 2012

DJIA - down 6.21%

S&P 500 - down 6.23%

NASDAQ- down 7.13%

Phantom Fund - UP 0.37% net of fees.

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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.