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

To: Julius Wong who wrote (4510)	5/22/2002 11:08:14 AM
From: Angler	Read Replies (1) \| Respond to of 4916

Julius: The way world events are unraveling with the onus on crisis and threats of conflicts it seems to me that for the forseable future gold positions will be a good insurance policy against investor panic. 58% return for fsagx last year isn't peanuts. Maybe the retail public will get used to terror warnings issued by the authorities but it seems that investors are sitting on the edge of their seats so we can forget about buy and hold strategies. Sector funds fit nicely in this kind of scenario. 3% loads are not too much to pay for the ability to move with the flow. Moving a sector investment into FSLXX provides a practical out for those who need a break without cost (or 3/4%) into cash at the ready for re-entering a new opportunity. Angler