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

To: Julius Wong who wrote (4631)	6/15/2002 11:37:39 PM
From: SG	Read Replies (1) \| Respond to of 4916

Yes, I saw that Julius, thanks. I was going to post about the info on Barrons Page F3 where it states that Fidelity will be starting an Ultra-Short Bond Fund (with a bunch of loads and charges) "later this year." At first I thought, great, another option for Fidelity investors, then..I started wondering if that's a contrary indicator! Near the top of the tech boom, brokers at two different firms where I have accounts called me (they NEVER call me) and said they didn't want their customers to miss out on the tech boom so they were suggesting several funds (Munder NetNet, John Hancock Tech,etc.) for us to buy to join the ride. I followed each of their advice, watching two weeks later as my new funds fell off a cliff. I don't take any brokers' suggestions anymore. Anyway..they hit the top then, why not the bottom now? Next they'll be calling me for gold! SG