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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (953)9/18/1998 1:11:00 AM
From: Russ Motter  Read Replies (1) of 4916
 
>"We'll see says the blind man."

Angler~We will see at some point ahead the Fed dropping interest rates but IMHO the market will selloff on the news in fear that the Fed must be worried. The consensus is always wrong, Clinton's paralysis may indeed affect the market more than what some now perceive. We'll look for your "entry point" maybe in that scary month. The time to act is when the consensus and the trend are at odds. Much like a few weeks ago when even the posts to this thread were bearish on the energy sector even as the trend had turned up. Just some thoughts, enjoy your posts.~Russ
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