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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (946)9/14/1998 9:43:00 PM
From: JR  Read Replies (1) of 4916
 
Julius,

" My guess: Greenspan will provide liquidity to the markets and lower interest rate. " Clinton sure called for it today and the bond market has been screaming for it!

A rate cut will force China to devalue, (its no longer a if? but when?), So what happens then? Is the US market discounting the devaluation already (I think they have) and what about Asia (they have not), All that you and others have said is right on the money so what is the energy sector telling us? (FSENX, FSESX, what's up with the rise in FSAGX, missed that one big time!)

Good Trading

JR
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