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

To: Julius Wong who wrote (2067)	9/27/1999 2:42:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 4916

Target reached on the Gold fund--that is really something to get half of the move you're looking for in one day. XAU may be breaking out of this trading range-- but you're supposed to sell when you hit your target...I can live with that. Held the position about four months, gain ~25%...not too bad. I am happy with capturing ~20% a year by snagging one move in gold. That takes me up to 70% cash, 0% in gold, nothing in bonds, and 30% in two microcap biotechs. Maybe time to go see a financial planner, a pretty lopsided allocation. <g>