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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (1101)11/8/1998 11:20:00 AM
From: Julius Wong  Read Replies (1) of 4916
 
The E-Portfolio was created for entertainment and education of
Louisville Chapter AAII. It is a paper account.

Today's Courier-Journal reported that all Louisville major
brokerage offices have plans to expand: bigger offices, new
branches, and more brokers! I think this is the time to move
out of FSLBX.

We'll exchange 50 % FSLBX for 50% FSCSX. For simplicity I use
Friday's close prices for transaction records.

After the exchange the E-Portfolio becomes:

% of Fund Open Open Current
Port. Date Price Price
------ ----- -------- ------ -------
50 FSVLX 9/ 2/98 41.37 43.82
50 FSCSX 11/ 6/98 47.03 47.03

************************************************************

E-Portfolio transactions to date:

% of Fund Open Open Close Close % Gain
Port. Date Price Date Price
------ ----- -------- ------ -------- ------ ------
50 FSLBX 9/ 2/98 33.41 11/06/98 35.68 6.79

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