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Strategies & Market Trends : Fidelity Select Sector funds

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To: vestor who wrote (2739)7/3/2000 2:27:36 PM
From: Angler   of 4916
 
Long term I know you're right.

But in the light of how the market doesn't always follow one's best reasoning in a straight line, the hold forever strategy doesn't agree with my time frames.

There will be some corrections along the way in health care sectors that I wouldn't want to deal with especially when Washington trys to supervise and micromanage the systems.
So I'd rather buy and hold single stocks and switch in and out of health care when they get knocked about.

Long run the Boomers are going to be passionate users of the newest drugs and medical preceedures. Many folks in my diminishing age group, the aspirin and milky way bunch, are still behind the wave and don't care to jump on these new fangled remedies as reported on the Internet. I find myself telling the Docs what I want done lately.

Angler
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