Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (1660)	3/13/1999 9:29:00 AM
From: Angler	Read Replies (2) of 4916

Hi, Julius: Apparently the Energy related funds are going to benefit from recent OPEC industry events overseas and the continued consolidation in the services sector. If the participants can hold the line on production that is.........? Ultimately, price increases can affect everything but most likely transportation. I'm cutting back on FSAIS in favour of FSENX and its cousin FSESX short term and short positions. Gas prices have already risen dramatically (close to 20% from the low end) here in Northern California, but we have some additives that other States don't "enjoy" both in taxes and chemicals (under dispute). I'm not too sure how some of these current buyers of huge SUB and off road vehicles so popular around here are going to greet the Auto Companies latest "hot" offerings at the pump. The after shock may not be good for some Auto Cos. either. Toyota and Honda okay. Short term or long? Angler

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