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

To: Julius Wong who wrote (910)	8/29/1998 7:32:00 PM
From: MoneyPenny	Read Replies (1) \| Respond to of 4916

I am happy to say that I hold four of the five declining less than the S&P but waited to long to sell fsvlx...it has done so incredibly well for me by my just sitting tight for maybe 7 years now that I couldn't bear to part with it. My mistake. Moneyp.

To: Julius Wong who wrote (910)	9/1/1998 10:28:00 AM
From: Angler	Read Replies (1) \| Respond to of 4916

Dear Julius: You certainly provided us with a nice table to compare the results of this correction on our investments. I have moved what money I had left in both the telecom and retail sectors into the Utility sector as a result. I can't see how that fund can be affected either politically or by overseas influence at this point. Oil is a major utility fuel besides. We'll all have to expect to take our losses even now in trying to find a place that will produce some gains other than going completely negative into Investment grade bonds, gov't securities or money mkts. Only time will tell long term. Angler