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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (2500)4/4/2000 7:17:00 AM
From: Julius Wong  Read Replies (1) of 4916
 
Angler:

The market is uncertain on Mr. Greenspan's next move and Microsoft's future. Higher Interest rate will hurt financial sector, Microsoft case drives money away from tech sector.

Some money moved to FDFAX, but tobacco companies are in many legal problems. A smaller amount moved to FSUTX, FSPHX.

Looks to me money will be rotating back to the tech sector soon.

Julius
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