Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: RFH who wrote (852)	6/29/1998 10:47:00 AM
From: Larry Dambra	of 4916

Well, there's no question that there is plenty of value here in FSESX. What troubles me is the supply and demand equation, notably too much of the former and not enough of the latter. Over the last couple of years, I've tried to take the long view and stay invested with generally good results. Is now the time to overweight FSESX a bit? Does anyone believe this is a timely entry point, and when will oil return to its "normal" trading range of $18-$20/bbl? In spite of the TA, I'm really not sure. So I guess I'll stand pat and watch a while.

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