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


To: rolatzi who wrote (4294)3/9/2002 10:43:25 AM
From: Julius Wong  Respond to of 4916
 
Ro:

Over a long period of time, systems similar to Pankin have outperformed SP500.

However, mathematically outperform SP500 is not really meaningful if SP500 has negative returns. For example, If System A -10%, SP500 -12%, than System A outperformed SP500 by 2%. But we don't like System A.

Julius