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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (1017)9/26/1998 3:30:00 PM
From: Mike McFarland  Read Replies (2) of 4916
 
Interest rate cut
JR suggested in an earlier post
One dark cloud on everything,
China will devalue after a fed rate cut


Maybe he could elaborate on this? That is a
very dark and stormy looking cloud, Yes?
I am not actually sure we need a fed rate
cut--the want ads here in Seattle are many
pages, huge demand for workers like I have
never seen--although it may peak out if
Boeing begins the next cycle of layoffs in
a year or so (Boeing management is incompetent;
a backlog of orders yet no profit, now talk of
layoffs, it is just crazy...but I digress).

On the energy front, Georges has some strength
again, but I think I have learned that fsngx
tracks the market and energy in general, not
so much interest rates or Natural Gas futures,
which I knew--but you always want to beleive
that these sector funds are more focused then
they actually end up being (I would like that
anyway).

and from Angler we have
Some big changes are coming with networking
and $500 PCs


I want one of those 10lb laptops with the huge
active screens, but make mine a Linux box and
put it at the end of a cable modem. But I don't
think we are going to see that for awhile--hey,
maybe a cool networked $500 PC could run BeOS
at the end of a cable modem, hmmm. But that is
definately "OFF TOPIC".

Regards all, great thread Julius.

--MM
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