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

To: Julius Wong who wrote (4293)	3/9/2002 10:07:55 AM
From: rolatzi	Read Replies (1) \| Respond to of 4916

Julius, Thanks for the response. I use a method based on Pankin which chooses the Select fund with the top 3 week performance, and is held until its five week performance falters. I really try to hold for the 30 day minimum. I had not been using the method over the last year or two because we were in a bear market and found that it wasn't working well. Now that it appears that the bear is receding, I am again moving my 403b into the selects. Ro

To: Julius Wong who wrote (4293)	3/10/2002 12:14:07 PM
From: Angler	Read Replies (1) \| Respond to of 4916

Julius: Speaking of longer holding periods and higher redemption fees brings to mind Fido's Low Priced Stock Fund run by Joel Tillinghast for the last 12 years. This one with a 3% load and 1 1/2% penalty for less than 90 day redemptions is a standout performer, though not a select fund, with a long time MorningStar 5 star rating. It is the largest Fido fund holding that I have kept through thick and thin except for temporary escapes into bond funds. Managers seem to come and go through revolving doors in the Fidelity family especially in the last 6 months. The fact that Joel is still in place since 1989 says something to managerial quality and performance. Both Will Danoff and his 3% load ContraFund have been around for a long time with major up and down swings and no redemption fee. He has had good results in markets that revert upwards at times. But these are not trading type vehicles like the select groups which, as you say, lend themselves well to those that like to trade inside of pension non reporting portfolios. Angler

To: Julius Wong who wrote (4293)	3/10/2002 1:31:49 PM
From: Julius Wong	Read Replies (1) \| Respond to of 4916

Average Annual Total Return, 10 year, through 2/28/2002 Not Load Adjusted Select Funds FSELX 24.55% FSVLX 20.03% FSCSX 18.98% FSLBX 18.65% FIDSX 18.19% FSPCX 18.02% FSRBX 17.48% FDCPX 17.39% Other Fidelity Funds FLPSX 16.31% FDVLX 13.65%

To: Julius Wong who wrote (4293)	3/11/2002 9:32:45 AM
From: Allan Corrado	Read Replies (1) \| Respond to of 4916

For Ro - Japanese Market - I am curious about what your friends are saying about their market. Since I don't have any friends over there, could you please expand on their rationale for the 2005 date? I figured their recovery might come sooner. Thanks. Just in case you didn't know, I would use closed end funds(JEQ),(JOF)or the Japanese WEB(EWJ) to get in on the action when it comes. I for one am getting tired of paying mutual fund fees and like the flexibility. It sucks when you pay them to lose your money and then you get banged when you're forced to save your own butt.