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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (3313)	1/18/2001 2:37:24 PM
From: gregor	Read Replies (1) of 4916

Dear Julius : I saw in the latest issue of Business week where the manager of FNINX made a very bad call last year in opting to lighten up on bank holdings and pour more into tech. Great day for the market. Watch the NAS today. We are having an "eclipse." The resistance level at 2750 is intersecting the 50 day moving average, also, currently at at 2750, while the average itself is toying with 2750. If we hold 2750 today and tomorrow its on to 3000 in short order. A very unique confluence of three variables coming together at 2750.........I think will tell us alot...........gregor

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