Tech funds now?
The high-tech funds have been badly battered and if we haven’t reached bottom yet we certainly shouldn’t be too far from it. That said, it’s unlikely that these funds will rebound in a hurry. Investor confidence has been badly shattered and will take some time to restore. So even though your downside risk is less now (although not non-existent), you may have to be patient before you realize significant returns.
Safer sectors at this time would be energy, financial services, and health care services. – G.P.