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Strategies & Market Trends : Fidelity Select Sector funds

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To: Dennis who wrote (3055)10/29/2000 1:14:14 AM
From: James F. Hopkins  Read Replies (2) of 4916
 
Short term the market goes up after the election no
matter who wins, a little longer term the market will get
nervous If Bush wins as it don't like change in the
Status Que.., If oil prices stay up it's going to
eventually kill the market no matter what or who
wins.
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It's a food chain thingy..
Take Semi Conductors to Tech..any time some one gets
pricing power in the chips..the longer term outcome
is more cost for computers which result in less
expansion; chips are to tech like the plankton to the sea
if they get scarce and prices run up the chip makers
may cheer at first...but longer term you may as well
get the hell out of the tech sector.
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If oil stays high you may as well get out of the
Market and buy what every you would buy if there
was no stock market or bonds.
BUY power a few guns, alarm systems , locks
and a whore house, put out a good garden and grow
some Okra.
Member 1421660
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