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


To: Proud_Infidel who wrote (4909)9/20/2003 10:30:32 AM
From: Angler  Read Replies (1) | Respond to of 4916
 
Boy, am I going to have fun now. The new Thunder Valley Indian Casino is just 7 miles from here, but this is going to change my life style a bit.

Angler



To: Proud_Infidel who wrote (4909)9/20/2003 11:31:08 AM
From: rolatzi  Respond to of 4916
 
oops, I realize they are eliminating the sales charge not
the short term trading charge. Ignore my previous post.
RO



To: Proud_Infidel who wrote (4909)11/23/2003 9:26:01 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 4916
 
Fidelity strategist sees extended market recovery
Saturday November 22, 9:21 am ET

MADRID, Nov 22 (Reuters) - Global investment strategy head at the world's number one mutual fund Fidelity Investments (News - Websites) said in an interview published on Saturday stock markets had the potential to continue their recovery.

"For three years the American stock market has experienced one of the sharpest corrections in its history. And in a year it has recovered 35 percent. If it stopped there, it would be one of the shortest recoveries," Fidelity's Rick Spillane was quoted as telling financial daily Cinco Dias.

"If we add that companies are posting some record profits and there has not yet been a massive influx of money into equities, there is still scope for markets to go up."

This week U.S. stocks eroded some of the gains notched up earlier in the year, but the Dow Jones industrial average (^DJI - News) still closed the week up 15 percent since January, while the Nasdaq Composite Index (NasdaqSC:^IXIC - News) had added more than 40 percent over the same period.