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Strategies & Market Trends : Fidelity Select Sector funds

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To: Money Mood who wrote (452)11/20/1997 11:24:00 PM
From: Julius Wong  Read Replies (1) of 4916
 
Viktor,

Some big mutual funds sold energy service stocks to lock in profit. The negative article in Barron's did not help. But energy service companies will continue to generate good earnings. The drop of FSESX is temporary.

If you are a long term investor, FSESX is a good fund to hold. If you are a short term investor, it is too late to sell. DO NOT SELL!

Julius
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