Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Paver who wrote (92)	5/5/1997 9:26:00 AM
From: Jams	of 4916

Re Fasttrack: First, I am impressed that you went back to my November post on this subject. Next, Yes I am an active user of Fasttrack and one of it's add-on products, developed independently, - Fastools. Some Fastrackkers use a very mechanical method of tradeing the Selects. It has steadily returned 20+% per year for many years. There are many versions of the method, but the most basic is to rank the selects for the past X days (X varies by individual between 12-50). Do this every 30 days. Rotate into the top 3 funds on this ranking. Have patience and do this every month and you can average a 2.5% per month return. Not much excitement, and it doesn't work every month, but it does work over the long term. The reason it works, is that you avaid any big losses and you let winners run. There is a very active bulletin board on Prodigy that gets into many more tips and strategies for use of Fasttrack.

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