Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Dennis who wrote (1260)	11/25/1998 11:31:00 PM
From: JR	of 4916

Hey Dennis, It makes sence, Just a couple of comments though "we end up getting a false sense of security as well as false TA data" A TA indicator can not be wrong, its mathmaticly doing what you asked it to. "We stick with the fund because we do see positive results BUT our reason for sticking with it is NOT correct, even though the TA may look positive." If the TA looks positive then sticking with the fund is correct, it is the system that may need adjustment or you need the stock and not a basket of stocks. TA needs constant maintance to adapt your system to the current market conditions, we get most right and some wrong. Have a GREAT HOLIDAY ALL JR

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