Since the market is currently in a corrective mode, sector or industry group selection is likely to be a very important factor in putting together a buy list for when the current market decline is over.

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Every year, through an innovative public selection process, the Social and Human Sciences sector of UNESCO Brasilia Office selects projects submitted by NGOs.

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Hiring for Canada's public sector has been decentralised, allowing those who are closest to the job to make the selection.

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The power of these rankings for candidate selection and receiving one of those ultimate six-figure job offers is well known among the legal sector.

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As an example how the lower risk without sacrificing performance works, with a buy signal on the Transportation sector we bought the iShares Transportation ETF, symbol IYT, in December rather than a selection of individual transportation stocks.

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But in China I think that the gap is wider, certainly than it is in the States, and it's almost a case of natural selection where people come to a fork in the road in China and either go to the state sector or to the private sector.

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The company formed an evaluation team made up of 150 representatives from every sector of the company to, once again, make sure that each had a say about the selection of the provider.

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Although stock or index selection is generally based on volatility characteristics and the size of specific equities, low volatility ETFs, de facto have sector concentrations investors should keep in mind when they are making their selections.

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