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

To: Julius Wong who wrote (1010)	9/23/1998 10:59:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 4916

Ouch, market does seem to do particularly well when I'm in cash. I see from your link Julius that FSNGX up 4.5% on the day...sigh--there's $500 I missed out on. Of course there are plenty of other things a person could have daytraded today too for even better returns, but I slept through all the fun:-( Between Greenspan and the Utilities making new highs, and perhaps the threat of Georges, it would seem that taking the quick six percent gain in fsenx was a mistake, not that I'm fool enough to jump in now and risk being out of phase with a jumpy market. Market timing is a real _____. Georges is actually only a marginal hurricane at the moment so I cant believe that is helping the natural gas stocks, but maybe just the threat of re-strengthening is enough. --MM