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Strategies & Market Trends : Fidelity Select Sector funds

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To: gregor who wrote (2953)	9/24/2000 10:40:29 AM
From: Julius Wong	Read Replies (2) of 4916

Gregor: The massive government intervention turned the market around Friday. I don't know why Euro was so weak. It's not easy to turn a weak currency around. Without intervention Euro was on the way to 82 cents. The release of strategic reserve is more symbolic. The entire reserve amounts to about 1 1/2 months of US oil consumption. But this may help Mr. Gore. Did Mr. Gore invent the Internet? I asked my students that question, about 1/3 said yes, 1/3 said no, and the other 1/3 don't care or don't know. Julius

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