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Strategies & Market Trends : Fidelity Select Sector funds
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To: Jim Battaglia who wrote (1091)11/5/1998 12:38:00 AM
From: ccportfolio  Read Replies (2) of 4916
 
Hello to the thread. I recently opened a FSESX account to follow a Mutual Fund sector timing/rotation strategy. Actually, just opened it on Monday after the close and have watched it decline over the last two days while the market rose. Have to remind myself that this is a long-term strategy and not short-term, though the loss looks fairly substantial when you factor in the initial 3% load. Still, I expect good things over the next months/years. Glad to see that this thread still has a few active posters...
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