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Strategies & Market Trends : Fidelity Select Sector funds
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To: Money Mood who wrote (420)11/13/1997 5:25:00 PM
From: Bernie Kaplan   of 4916
 
Viktor --- It's called profit taking, and it can happen at anytime, but especially in a sector of the market that is up by over 70 percent this year. It was, however, followed by numerous positive comments about the industry by some influential brokerage firms, which helped the fund to bounce back a bit in the final few hours. Don't sweat too much over this fund's daily swings, or over its periodic 8 - 10 % pullbacks. Will you be signing up soon ???

Bernie
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