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


To: Bernie Kaplan who wrote (1199)11/12/1998 3:44:00 PM
From: Carolyn S.  Read Replies (2) | Respond to of 4916
 
Select MM has redemption fee ? According to the digital phone blurb when trading Fidelity funds by phone, Select Money Market also has the .75% short-term redemption fee. I was going to start switching into Select MM instead of Daily Income Trust MM, but changed my mind when I heard that.

Prefaced by the statement that I am not a particularly good trader...

I decided to take my profits on Select Computers and take a chance on Energy Services (with Iraq, and blizzards starting, and forecasts for a cold winter). FSESX is still way down from its high, and today's slight bounce is at a good place in the chart.

I went to cash on Multimedia. Still holding Medical Devices. I'll probably buy back into computers or something else techy on a pullback.

Any opinions on Medical Devices ? I have trouble getting a chart anywhere. I bought it a while back for dumb reasons - I just like all of the cool gadgets (laser eye correction, products for diabetics, drug delivery systems, and most especially surgical robotics) but I am not very good at picking individual stocks in this area (except RBOT - I still have high hopes for RBOT).

But I'm wondering if I should sell this fund and use the money to buy something stronger on a pullback ?

I wish Fidelity had a Select Internet fund. That would be fun.

Carolyn S.