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Strategies & Market Trends : Fidelity Select Sector funds

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To: Dennis who wrote (261)10/28/1997 10:34:00 PM
From: cbstock  Read Replies (2) of 4916
 
Hi Dennis,

I have known Bernie Kaplin (Sector Fund Strategist) for a few years and he is a very good chartest and analyist. He is very dedicated to delivering very good and timely info on sector funds and their momentum. He follow the market every day and in addition the his weekly recommendations he has both a hot line and email update during the week if significant market events occure. His is one of the most usefull news letters that I suscribe to because it provides a real feel for how the different sectors are rolling. The key to making a lot of money on his recammendations is to be very crisp in your trading of the select funds. Do not try to second guess him. The biggest mistakes I have made is in not executing his market calls soon enough. The selects sometines move so fast that you can miss a big upward move..The select funds can be bought and sold throughout the day every hour and some times a fund will move up several percentage points in a few hrs or a day or two.... Remenber 20 trades of 5% gain each = 100% ...I am not suggesting that we might do that well but if you can stand the volitality, you can do very well

.Also trading selects really teaches a person about the market....Bernie says the will have his web site up some times in NOV and I am encourgaging him to include a discussion group link.... Email me If you want to have more of an interchange.

Give it a try, I dont think you will be dissappointed

Good Luck

ChuckB

Email = cbstock2@aol.com
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