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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (4716)7/24/2002 9:47:05 PM
From: Dennis  Read Replies (2) of 4916
 
read an article in today's IBD....interesting.....says SP still at 40 pe.....but if you compare SP to earnings estimates and 10 year treasury yields it is 36% UNDERVALUED....pg. 1 IBD dated July 24... also said the last 2 or 3 times this happened the market took off.
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