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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (1805)4/26/1999 2:09:00 PM
From: MoneyPenny  Read Replies (1) of 4916
 
thanks for the info on FAX...I'll look into it more. Curious why the downgrade at this point unless they are looking for another Pacific Rim meltdown? Thinking about taking my gains again in FSESX while I still have them, I have ridden this one down before, but I wonder. Also still holding GW and FLC.
The mania continues... I bought a little FSELX last week when things started going against my original thinking. Steadfast on gold as hedge. the higher we go, the nastier the downturn will be, IMO. I am not some bear looking for 4500 like some of the famous SI bears but? Still have beaucoup cash waiting....I believe in the Will Rogers saying, I am more interested in the return OF my capital than the return ON my capital.
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