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Strategies & Market Trends : Fidelity Select Sector funds
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To: Julius Wong who wrote (4817)10/7/2002 5:21:16 AM
From: MoneyPenny  Read Replies (1) of 4916
 
I think it depends on your account type but I was able to buy FLPSX with load money from Selects last fall. I'm not sure if that had to do with the size of my select position. We got calls wanting us to put our money under Fidelity's management, great concern for my "lost opportunity" with the big select cash position. :-)

I hope we all have big cash positions in anticipation of a rough week, maybe the roughest since 1998 or 9/01.

I was looking for the currency funds that Fido used to have thinking that might not be a bad idea to hedge the dollar but they are gone. FAX is a good bet for now.
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