Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mike McFarland who wrote (1018)	9/27/1998 10:09:00 AM
From: Angler	Respond to of 4916

Hi Mike: Regarding our economy in Northern California, the weather's cool but the economy is red hot. Hi rise construction in Sacramento goes on and on while out in the hinterlands towns are rising not tracts. Roads are our big problem. One can see where all the people are going but where are the cars going to go? So Seattle and Sacramento are going great guns. So who needs an interest rate cut? Probably the outside world needs it more than we do - to keep some of their shrunken investment capital at home. Too bad about Boeings management since I still hold that diminished investment. But we need them to continue to succeed - our biggest exporter. You've got a better one too - MSFT. The sector funds are hard to beat if one stays on top of them like most contributors to this thread are. Fidelity has provided the little guys with tools that match the institutional pros. Good luck. Angler

To: Mike McFarland who wrote (1018)	9/30/1998 12:35:00 AM
From: JR	Read Replies (1) \| Respond to of 4916

Mike, sorry for the delay! Basicly the way I see it is the problems all started in Asia and it must be taken care of in Asia. There are many, many troubles within the entire region, China is just a small part of the economies of Asia and a big holder of US bonds. Bill Seidman, (old timers, remember him)is advising China and they know that a devalue will hurt in the long run, Japan headfaked everyone with this banking issue, (I don't think its meaningful)but the currency is still under pressure (they are pegged to the dollar). Here is a link that I think is the best source of daily info out of Asia. scmp.com I haven't seen much on CNN or CNBC about China, however if the news about a wave of possible devaluations in Asia is true it wil not look good here in the S&P and Fido Select JR