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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (2641)	5/14/2000 7:48:00 PM
From: Julius Wong	Read Replies (1) of 4916

What is Short Term Strength (STS) ? STS was defined to measure a fund's theoretical annual gain. The STS was developed and used in our thread since 1998. If Fund X has a STS = 2 every day for one year, then Fund X's annual gain is 20%. If Fund Y has a STS = 5 every day for one year, then Fund Y's annual gain is 50%. If Fund Z has a STS = 10 every day for one year, then Fund Z's annual gain is 100%. TC2000 introduced the FX parameters in February 2000. The FX parameters are equal to *10(STS). FX10 = STS 1 FX20 = STS 2 FX50 = STS 5 FX100** = STS 10

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