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Message Boards Settings Fidelity Select Consumer Staples - Quote Info
defensive - while asian markets sink     16-Jan-08 07:44 am    
looking at this as a defensive holding
while the general US and the global markets pinned to US consumers is sinking....

today - the asian markets took a beating, since the US economy is in trouble, the foreign companies may not have the US as a growing market for their exports.

looking for a defensive tactic - and the "staples" seem like a good move. comparing all my mutual funds watch list, this was down the least compared to asia, latin america, etc
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ps56k

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defensive - while asian markets sink
ps56k (1 Rating) 16-Jan-08 07:44 am  
 
So much for being defensive thanks to the Fed cutt...
recycler46 Rate it 29-Jan-08 09:50 pm  
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Fidelity Select Consumer Staples (FDFAX)

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On Nov 30: 61.44 Down 0.25 (0.41%)
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