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

To: Julius Wong who wrote (3435)	2/26/2001 11:32:27 PM
From: Angler	Read Replies (1) \| Respond to of 4916

Julius: I consider gold a hedge against the Nasdaq. If you're right, the big bets are against the Techs and the Dow this is going to be a sucker rally. But if Mr. G. really puts his foot to the peddle and drops the rates fast, all bets are off. Angler

To: Julius Wong who wrote (3435)	2/27/2001 6:14:58 PM
From: Aggie	Read Replies (1) \| Respond to of 4916

Hi Julius, Select Technology, Computers, and Electronics are all down in the deep doldrums. Some are visiting 2 year lows. My take is that this carnage will continue until we again see some low double-digit PE ratios as a matter of course, not exception. I'm looking to jump from FSESX to one of the tech funds here in a couple of months, max. What's your take on when the bottom will be set? Any guesses? Regards and Good Luck to All, And thanks for the civility on this thread! Aggie