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Strategies & Market Trends : Fidelity Select Sector funds

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To: Jim Battaglia who wrote (1367)12/18/1998 9:41:00 PM
From: James F. Hopkins  Read Replies (1) of 4916
 
HI JIM; HAVE YOU SEEN THE NEW INDEX WEBs that the AMEX is going
start DEC 22. Read all about ! I'm excited.
biz.yahoo.com
Man on mon, are the Mutual Funds in for competition now..
Already the SPY has caught on, now we will have sectors,
we can dive in and out of mid day..hot diggity dog.
Look for XLU to be hot early on..by the way these things
match the dividends to the stocks that are in them..
I haven't got a break down yet but what a way to go.
I like the fast in or out ( I trade for $12 ) but better than
that these are both marginable and shortable.
My guess is they will be cap weighted like the SPY.
---------------
Jim
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