As a nasty market timer,i always buy my energy stuff in octoberish,quite often that is the best seasonal low of the year.This is something ive discovered from years of buying to early in the year.Of course since equities in general make a good octoberish yearly low,you could just use the shotgun approach during this time frame.I like health care too,despite the obvious legislative and regulatory risks.But theres something to be said for ETF's in this regard,since single issues could easily blow up(think MRK or PFE).Picking sectors is difficult,and i would suggest a seasonal allocation to market indice over trying to pick future high flyers.Your either on board from Halloween time frame or stand aside in my opinion.Next october will be another seasonal bargain time.Good luck--ak