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


To: Mike Isaac who wrote (1056)10/21/1998 12:32:00 PM
From: Jim Battaglia  Read Replies (2) | Respond to of 4916
 
Mike, the fund is in the Cyclical group. They have had a good run lately. The fund has just moved above its 50 day average which is positive. It is off its high in the mid 20 area. So it is a better value now. It is not the hottest Cyclical fund however, and that may not be all bad. The Housing and Construction and Forest and Paper are better performers. I would consider it a new BUY at this time.

Have a good Day

investnbest.netmegs.com



To: Mike Isaac who wrote (1056)10/21/1998 4:32:00 PM
From: iGregor  Respond to of 4916
 
I am trying the free trial of select timing service (STS) and they just recommended FSDPX.

Any comments ?


Weekly +DI just crossed-over the -DI, and the weekly MACD just moved positive. Both are pretty dependable intermediate term buy signals. East



To: Mike Isaac who wrote (1056)10/21/1998 9:26:00 PM
From: Julius Wong  Respond to of 4916
 
Mike:

I do not follow FSDPX for two reasons:
1. Poor long term record.
2. The size of fund is too small, $12 M.

Jim and East are very knowledgeable. I'll trust their comments.

Julius