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


To: seminole who wrote (3326)1/25/2001 12:39:43 AM
From: gregor  Read Replies (1) | Respond to of 4916
 
RDB: My only comment on your current holdings is that you have already missed a great move in the NASDQ. You have to admit it has been much more than a DCB ( dead cat bounce ). The NAZ historically moves higher for 6 months after the first rate cut.....Digger



To: seminole who wrote (3326)1/25/2001 5:22:33 PM
From: Dennis  Read Replies (1) | Respond to of 4916
 
i don't really know,....but i hope Uncle Al's speech gets things going,...he sure has done an about face .....it is amazing that he is somewhat suprised at how quickly the economy has slowed,...now he says ZERO growth and everyone wonders what happended....isn't it obvious???...the FED screwed up as usual....i think today's speech is telling us that we will DEFINATELY get at least a 1/2 point cut next week.......that must have been some meeting George W. had with Uncle Al a few weeks ago,...now AG wants a tax CUT...where the hell did that come from????......ggggg

Good Luck EVERYONE !!!

p.s. if we get the 1/2 point my prediction is we see Naz take off....btw,...i have been hearing a lot lately about the naz being oversold and returning to "FAIR VALUE" ...what the hell does that mean????????????

:o)



To: seminole who wrote (3326)2/10/2001 12:23:32 PM
From: seminole  Respond to of 4916
 
<<< I got this gut feeling we will re-test the NAZ lows and hold >>>

IMO, we are testing the lows. This is good. This is healthy.
If the lows hold and with a nice base to go with the interest rate cuts,
I intend to start moving money out of my parking lot of FSAGX and FGMNX and into a tech fund.
As of today, I have averaged out of FSESX.

good luck