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

To: Angler who wrote (922)	9/5/1998 11:34:00 AM
From: gregor	Read Replies (1) \| Respond to of 4916

I've been in cash since Feb. But you are so right. Quarterly 401 statements will not come out until Oct. Do you know very many people our age that have pulled out . Not I. Many will be shocked and I concede will pull out at the bottom of the correction. I'm not saying we will have a V shaped correction but I feel we have almost completed wave two of a four cycle downturn. I would really be interested in your views on the oil sector. Where do you see the price of oil in Oct, Nov, and Dec . gregor