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Strategies & Market Trends : Fidelity Select Sector funds
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To: Mike McFarland who wrote (971)9/16/1998 2:23:00 PM
From: Mike McFarland  Read Replies (1) of 4916
 
Should also point out that
(sorry about the CAPS, they do it that way)
"AN IMPORTANT POINT TO KEEP IN MIND REGARDING LA NINA
WINTERS IS THE STRONG INTRA SEASONAL FLUCTUATIONS DUE
TO BLOCKING EPISODES ALTERNATING WITH ENHANCED ZONAL
FLOW. WHILE EL NINO WINTER FLOWS ARE STABLE - VERY LITTLE
BLOCKING - LA NINA WINTERS ARE MUCH MORE VARIABLE AND
THE WINTER MEAN CONDITIONS CPC IS TRYING TO FORECAST
MAY MASK THE FACT THAT PERIODS OF STRIKINGLY COLD WINTER
WEATHER AND MUCH MILDER WEATHER MAY AVERAGE OUT CLOSE
TO NORMAL ESPECIALLY IN THE NORTHERN HALF OF THE NATION."

--this is an excerpt from the CPC website, new forecast
out tommorrow afternoon. Anybody with a commodity account
playing gas this winter?

I suppose that global deflation puts energy stocks at risk
as the emerging countries increase exports, but fsngx was the
safest/best one I could come up with.

I see we didn't get any help from Greenspan today, too bad.

--MM
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