Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JR who wrote (890)	8/6/1998 10:47:00 PM
From: Angler	Read Replies (1) \| Respond to of 4916

JR: It was heartening to see Select Telecom and Select Retail come back so strongly today as I did hold off moving out of these two especially Monday when I swept the floor some. Utilities growth I held too. However, I will wait before jumping back into most general funds which hold big cyclical positions or any small cap groups. We did buy one individual stock the other day when it dropped with the total market - FDO at 16 5/8. It went up over 18 today. I have been "watching" that discount chain retailer for a while since it began to rise and doubled this last year and then the Motley Fools came out with a very positive spin recently. I think Select Telecom is a good safe candidate if the market stabilizes near term. Treasuries and bond funds are a haven for one like myself in retirement if the going gets choppy. We agree. Anglertwo