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Strategies & Market Trends : Fidelity Select Sector funds

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To: Shihchung Diana Shiue who started this subject8/9/2002 4:14:11 PM
From: rkf  Read Replies (1) of 4916
 
Hey guys,
While it's not a sector fund, wondering if anyone has any thoughts on FRESX (Real Estate). A top economist spoke at our association lunch yesterday - he said P/E trends were still off the charts on the high side (more downside potential) with a projection of less than 6% annually for equities over the next decade - ouch! Real estate's looking better every day.

Kent
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