tanked.
Mutual funds are subject to abrupt changes in price, not as often as stocks,
but it can occur. You can't buy and forget them, check their prices at least
once a week. Don't be shy about using appropriate stops with them.
If you are serious about using mutual funds you may want to consider a
program like Monocle or Investor FastTrack.
Lionel Issen
_____
From: [email protected] [mailto:[EMAIL PROTECTED] On
Behalf Of investor0329
Sent: Tuesday, May 09, 2006 4:19 PM
To: [email protected]
Subject: [quotes-plus] FBIOX, FSHCX Fidelity Select stocks
I bought these mutual funds not that long ago and they are doing
horrible! They have tanked like falling knives. I do not see mutual
funds do this often.
Can anyone supply any explanation for this?
Thanks.
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