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

To: Jim Battaglia who wrote (1342)	12/12/1998 11:25:00 PM
From: Jim Battaglia	Respond to of 4916

Additional Note On the state of the Market: There are a lot of indicators I watch regularly, but the # 1 indicator to determine the true trend of the market is the direction of the Technology sector. " Technology usually leads the Market up as well as down. Since there are so many small companies in the technology field and it comprises such a large portion of the market, it is imperative that we know the direction of the HITECH group. A 50 day moving average is used to monitor its trend. If the HITECH average falls below its 50 day moving average it would raise a flag. The most positive trend that we look for is the groups staying above its 19 day moving average" cbs.marketwatch.com Jim