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Strategies & Market Trends : Fidelity Select Sector funds

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To: Aggie who wrote (2895)9/6/2000 11:46:32 PM
From: seminole  Read Replies (1) of 4916
 
Aggie

It is interesting that the oil market is so strong before OPEC will meet to discuss production increases. The market seems to be saying there will be no increase, or the increase will be too small or increases don't matter because
oil can't be shipped or refined any faster. Which one is true? Since you seem to be ready to move out of oil, am I reading the market wrong?

Since I hold FSESX, I am hoping for an increase in production rather than an increase in oil price.
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