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

To: Julius Wong who wrote (1048)	10/14/1998 9:17:00 PM
From: Jim Battaglia	Read Replies (2) \| Respond to of 4916

Julius, what I find interesting is the number of NYSE stocks that are below their 200 day moving average. The new chart from "decisionpoint" reveals some interesting insights: site034179.primehost.com That when they drop below 70%, the market is due for a decline. Presently, the Selects show only 11% above. So we have a ways to go to get back on the long term trend. Would like to see the trend on the chart move back upward. Short term we are looking a lot better... 56% are above their 200 day average.... The number of funds up verses down is a interesting concept. Who knows. I might turn that into a trading strategy soon.... Have a good one... By the way, opening my site for two weeks to all Silicon Investors readers: username: chez password: master investnbest.netmegs.com Will remain open until Oct 31st!!!!