TOP EIGHT MODEL PORTFOLIO MAY 2002

1. Gold (FSAGX)

2. Automotive (FSAVX)

3. Construction & Housing (FSHOX)

4. Medical Delivery (FSHCX)

5. Energy Service (FSESX)

6. Home Finance (FSVLX)

7. Defense & Aerospace (FSDAX)

8. Banking (FSRBX)

EXCHANGES FOR MAY 2, 2002

Sell Industrial Materials (FSDPX),

buy Medical Delivery (FSHCX)

Sell Electronics (FSELX),

buy Home Finance (FSVLX)

Sell Software & Computer Services (FSCSX),

buy Banking (FSRBX)