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


To: rkf who wrote (3687)4/28/2001 11:55:10 AM
From: seminole  Read Replies (1) | Respond to of 4916
 
Kent

Looks like the bottom in FSELX.
I would be thinking to buy or average into FSELX
not sell FSELX.

Give Mr Bear a pillow, he is very sleepy, IMO.



To: rkf who wrote (3687)4/28/2001 12:07:51 PM
From: Julius Wong  Respond to of 4916
 
Kent:

May, June, July are not the best months for FSENX.
I checked out the past performance of FSENX.

Year % Gain From
May - July
---- -----------

1991 + 1%
1992 + 3%

1993 + 2%
1994 + 3%

1995 + 1%
1996 + 0%

1997 +16%
1998 -18%

1999 + 3%
2000 + 0%

--------

Average + 1%

Julius



To: rkf who wrote (3687)4/29/2001 6:50:14 AM
From: MoneyPenny  Respond to of 4916
 
I've been doing the opposite. I've traded FSELX for five or six years now, but always holding a core position until this year. I am 70% cash in selects and started returning to FSELX last week. It is usually first to move (in techs) and it may be early but I'll be holding as the move will be strong when it arrives. I still hold FSESX and with the prospect of $3.00 gas this summer, I won't be selling much. FSESX has been weak and then last week we did well. The rotation in sectors right now is frustrating as money can't figure where to go. Mr. Greenspan is boss (as Julius always tells us) and Mr. Wong is never wrong. Sharon