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


To: Angler who wrote (1212)11/15/1998 10:43:00 AM
From: Julius Wong  Read Replies (2) | Respond to of 4916
 
Angler:

The market is losing steam quickly. Last week only 5 funds moved
up: FSELX, FSPTX, FSDCX, FDFAX, FSRPX.

My computer gave short term sell signals last Friday night.
I guess the Nov 16th week will be a down week. A rate cut on
Tuesday will be great.

Julius



To: Angler who wrote (1212)11/15/1998 12:25:00 PM
From: Jim Battaglia  Respond to of 4916
 
I think there is a 50/50 chance that rates will move.
I think Wall Street might already be accepting that since we have had a good rally, the FED may wait 1 month.

Jim