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Strategies & Market Trends : Fidelity Select Sector funds
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To: Bernie Kaplan who wrote (1140)11/8/1998 8:37:00 PM
From: Julius Wong  Read Replies (3) of 4916
 
Bernie:

You are 100% correct.

For cash account I use 5% stop on mutual funds. My computer
was programmed to print out warnings at 3.5% down. Is 5% a
good stop? I appreciate your comments.

In the Louisville Chapter AAII seminars, the concept of
using stops was not well received. People are not interested
in taking losses.

Do you have buy signals on FSVLX and FSCSX?

Julius
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