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

To: Angler who wrote (933)9/7/1998 9:23:00 PM
From: Russ Motter  Read Replies (1) | Respond to of 4916
 
Angler~Is FSAGX on Ken Starr's menu while your still lookin', or do you just prefer fish? It's getting harder to imagine a Greenspan rally being met with anything but more institutional dumping by weeks end, but the market never fits anyones imagination does it. Fed intervention becomes a key player. Deflationary pressures? I guess gold and silver should never be viewed as mere commodities. Is this a silly short squeeze or a mounting currency crises? In any event, I'll follow the trend.~Russ



To: Angler who wrote (933)9/8/1998 12:06:00 AM
From: RFH  Read Replies (2) | Respond to of 4916
 
Angler, <Finding a re-entry point on some of these funds (much less the low) is frustrating.> I'm trying to do this precise feat with FSESX. I just spent some time studying the 5yr charts of FSESX's top 10 holdings, and note that they just blew through any resistance in sight. However, I'm determined to average down with this fund, and if I don't run out of money first, I'll sure be happy when the turnaround occurs. Any thoughts on this one?

RFH


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