Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: MoneyPenny who wrote (4724)	8/2/2002 10:25:39 AM
From: Angler	Read Replies (1) of 4916

Hi, Money Penny: I agree that cash is still the best place to be. But I've got a hunch that some good company stocks are flirting with the bottom. Duke is one I've bought last week. That Utility appears to be free of suspicion now in covert energy trades - at least any management sponsored ones. I'm scratching my head over ILA which has been kicked out of the house and used to be such a popular utility under the name Utilico (I think). From $30 to $6 reminds me of 3 Mile Island 30 years ago and some major money made on that when it came back. When's the last time a utility of size went broke or didn't get bought out? You're right about FSUTX not being a pure play in power plants. I'm avoiding this fund. Angler

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