Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Dennis who wrote (1251)	11/24/1998 10:57:00 PM
From: Angler	Read Replies (1) of 4916

Dennis: You make a good point. The exact mix within any select fund can never be ascertained only the leading 10 components, perhaps, one to 3 months back. Fidelity no longer allows one to talk directly with the fund manager. So the indexes must come into play. I am unqualified to disect or explain TA; I can see where it can provide valuable information on any one stock. That appears to be entirely reasonable to me. But the market is not logical at times and when bad news comes from nowhere, Humpty Dumpy can fall off the wall, and all the Kings men can't put Humpty back....? But the Sector funds are meant to be traded aren't they? I think you have to be quick witted at times and the tape is what makes most of our decisions eventually. Happy Turkey Day! Angler

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