SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Dennis who wrote (2473)3/29/2000 9:10:00 PM
From: rkf  Respond to of 4916
 
Dennis, I think FIDX is probably a better move into pure financials. My motivation to take profits out of FSPTX was probably similar to yours, however, I wanted a little more diversification. I think FGRIX is poised for improved returns for the remainder of the year. Kaye has also moved into a 25% tech position with good across the board tech holdings. He may have actually missed the proverbial boat for the best tech returns. I also moved tech profits into FFNOX (four-in-one index fund). This index fund has returned about 10% over the past 6 months with dirt cheap expenses. I think it will reflect a stronger DOW in the second half of the year.
Kent



To: Dennis who wrote (2473)3/29/2000 9:53:00 PM
From: Julius Wong  Read Replies (1) | Respond to of 4916
 
Dennis:

FSLBX is the best financial funds:

FSLBX 15.03
FIDSX 8.01
FSRBX 7.40
FSPCX 6.96

The best sector now is energy:

FSESX 23.26
FSNGX 11.80
FSENX 11.24

At $25 oil the big oil companies will do quite well.

Julius