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Strategies & Market Trends : Fidelity Select Sector funds

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To: MoneyPenny who wrote (3667)4/20/2001 10:36:08 PM
From: Julius Wong  Read Replies (1) of 4916
 
>> I'm pretty wary these days and think the final shakeout is
still ahead. <<
We are all pretty wary. There are still poor earnings ahead.
People will take quick profits, and the market drops back to test
the low.

Even with the nice gains last 2 weeks, the tech funds are still
way down from the 52 Week highs.

Fund current price as
% of 52 week high
---- -----------------
FSCSX 67.1
FBIOX 60.7
FSELX 53.3
FSTCX 51.8

FDCPX 48.0
FSDCX 46.4
FSPTX 46.2

FWRLX and FNINX are less than 1 year old, but worse than FSPTX.

Julius
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