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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (910)9/1/1998 10:28:00 AM
From: Angler  Read Replies (1) of 4916
 
Dear Julius:

You certainly provided us with a nice table to compare the results of this correction on our investments.
I have moved what money I had left in both the telecom and retail sectors into the Utility sector as a result. I can't see how that fund can be affected either politically or by overseas influence at this point. Oil is a major utility fuel besides.
We'll all have to expect to take our losses even now in trying to find a place that will produce some gains other than going completely negative into Investment grade bonds, gov't securities or money mkts.
Only time will tell long term.

Angler
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