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Strategies & Market Trends : Fidelity Select Sector funds

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To: Dennis who wrote (465)	11/22/1997 8:40:00 PM
From: Julius Wong	Read Replies (1) of 4916

Dennis, From Fidelity web site: FDLSX 52.2% money in "Media and Leisure" sector FSRPX 93.2% money in "Retail & Wholesale" sector The name is Leisure, but it invested less than 50% money in the Leisure sector! I don't like FDLSX because I don't understand it. The mutual fund managers control big money. We small investors don't have that kind of money to move the market. FSESX or any fund will not move up until mutual fund managers put money into that fund. I like to see some buying pressure before I put new money in FSESX. Viktor likes TPRO. Do you have a chance to study TPRO? Julius

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