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Strategies & Market Trends : Fidelity Select Sector funds

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To: RFH who wrote (852)7/3/1998 3:48:00 PM
From: don curry  Read Replies (1) of 4916
 
Robert:

Most of the responses to your note seemed to be from a long term
view as regards FSESX. They may be correct on that basis, however,
I believe that FSESX did break out Thursday on a short term basis, and
should get another 2 or 3 percent early next week. I base this on
RSI indicators, I start with a 3 month price chart and try to use
technical indicators. I don't own the fund at present, but anyone
who bought in last Wednesday, or Thursday should get a quick short term gain. I got out of FSAIX and into FSVLX @ 54.85 Thursday morning.

Don

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