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Strategies & Market Trends : Fidelity Select Sector funds

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To: JR who wrote (810)5/18/1998 7:08:00 AM
From: Julius Wong   of 4916
 
JR:

Over the longer term I still like FDCPX. The boxmakers will increase
their profits if they don't cut prices so deeply. They must decide
on the priority: to drive the small guys out of business or to have higher profits. I don't mind to have small guys around and I like to have higher profits.

In the sector funds, the best performing funds on Friday May 15 were
FDPMX, FSAGX, FSLBX, FIDSX, in that order.

Yes, the market looks tired. The A/D line looks bad and the Russell
2000 is not in good shape.

Julius
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