Fidelity Select Sector funds Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Fidelity Select Sector funds

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sonki who wrote (544)	12/14/1997 2:04:00 PM
From: James F. Hopkins	Read Replies (1) of 4916

Sonki; no way EFII could cause FSELX to drop the way they did, even if it went to zero..maybe they paid out a cap gains, that with the drop in value of their holdings could account for it. But no FSELX is not a buy at this time..the TECH sector has to hit bottom before you want to jump in her wagon. Keep in mind you lose ( 3.% ) of your money up front when you go in and anther .75% if you exit before they want you to, that means the Nav has to go up almost 5% before your even, They are well managed..but I wouldn't think of entering any TECK sector fund in a downdraft like we have now. Maybe in a week or so, keep an eye on several and wait for them to show at least a 2% up turn, FSELX can act like a good TECH index, maybe even better that the SOX Jim Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next