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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (2077)10/1/1999 11:07:00 PM
From: Julius Wong  Read Replies (1) of 4916
 
Angler:

Last three days money flowed into FSPHX, FBMPX, FSCHX, FSAVX, FDLSX, FBIOX.

Gold funds had a great run. Most gold bears have not closed their short positions. I moved out of FDPMX to wait for the shorts to cover. It'll be fun to squeeze the gold bears.

The only strong market index, Nasdaq 100, is getting weak. I'll move to 085 if Nasdaq 100 keeps moving south next week.

Julius

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