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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (5296)	8/7/1998 1:43:00 PM
From: JZGalt	Read Replies (2) \| Respond to of 18928

Tom wrote: You had mentioned an oil service sector fund. The fund I'm tracking for the ODB site is Fidelity Select-Energy Svcs (FSESX). I don't have any first hand experience with the fund myself, but thought it would be a good proxy for the OSX which is the industry group index. Not sure I'd use that for any "real" money since it carries a front end load, deferred sales charge and hefty management fee. biz.yahoo.com Personally, I think you would be much better of with a selection of individual issues ranging from deep water drillers to equipment suppliers to spread the risk around a bit. I own 3 issues in this area. TMAR, NE, and MDCO. All of them underwater as of now, which is one of the appeals of AIM to me. I never have been very good at timing selections, but I do alright with the actual selections themselves. ---- Dave PS, Made my first pass thru the book today. I have to admit, I don't think I would have given this methodology much chance of outperforming individual selections on skimming thru the book. Glad I had the spreadsheet given to me to let me play with the numbers myself.