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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?

To: Angler who wrote (2015)	8/18/1999 8:02:00 AM
From: Julius Wong	Respond to of 4916

Angler: I like FSESX. It's on my watch list. The CNNfn experts have talked about China devaluation for several years now. If they keep up the devaluation talks, one day they'll be right. On devaluation I use only one indicator. This one indicator is more accurate than all CNNfn experts. It is simply the difference between the official exchange rate and the black market rate in Shanghai. If the difference is about 20%, we'll see devaluation. Now the difference is about 7%, devaluation not likely. Julius