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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (3253)	12/30/2000 9:39:10 PM
From: James F. Hopkins	of 4916

Thanx Julius; That's a handy link , I have some problem with what they claim as total returns as even the W5000, sweeps the de-listed stocks under the rug. --------------- I'm still convinced market cap weighted indexes have a built in error , as do price weighted ones.. at times one will not be as far off as the other. However People own shares not market cap,. and no index can be honest as to the amount gained/loss by people unless it's weighted by the amount of shares out. ( also it would have to subtract from it's total gains the ones that went belly up and were kicked out , & they never do taht. ) Message 15101800 Jim

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