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


To: gregor who wrote (3283)1/5/2001 12:50:18 PM
From: Julius Wong  Read Replies (1) | Respond to of 4916
 
Gregor:

Last few days money rotated out from financials, health care, utilities and energy, into consumer stocks. But with KO at p/e 80, PG at 31, the consumer stocks are already priced too high.

This is a poor market. I don't like average down. Better to sit out and wait.

Julius