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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (2563)4/16/2000 8:09:00 AM
From: Julius Wong  Read Replies (1) of 4916
 
At this time all select funds are down from recent highs, some by a large percentage. What to do now, sell or hold?

The market is unstable. It's oversold, but it could be even more oversold. Is it better to keep a fund or sell it now? This is a difficult decision.

I would look at the long term performance. If a fund is a good long term performer, I would keep the fund. To check the long term records, go to
personal100.fidelity.com

Click on the "sort" for 1 year, 3 year, 5 year, 10 year performance rank. If a fund usually shows up in the top 10, it's a good long term fund. For example, FSELX is a great fund, hold the fund for recovery.
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