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Saturday, 17-May-2008 07:46:23 CDT

Follow Up

The most important day for the market last week was Friday. Not Thursday, the natural reaction to good news from Microsoft and Yahoo. Friday, when the markets followed up their big jump with a little more consolidation. Though some may think the market is finally poised for a large move higher, that is not quite true. Yet.More...

Bush and Israel

The Bush administration has, for the sake of evenhandedness taken an idiotic policy concerning Israel. It is an improvement over the past administration's policy but recent events show an absolute ludicrous quality to their policies in this region.More...
Tech Leader Index
Last Update 4/10/2006
Start Cap $1,593,623,137,937
Market Cap $1,163,676,883,825
Last Close $734.10
Index Value $730.21
% Change -26.98%
1 Day Change -0.53%
Point Change -3.90
Year to Date 1.97%
  Click for Details
Redneck Index
Last Update 3/30/2006
Start Cap $34,485,194
Market Cap $160,556,129
Index Value $4,655.80
% Change 365.58%
YTD 379.82%
Lost in Jerusalem

Five years ago, I wrote an article for the JUF News in Chicago about being physically lost in Jerusalem. As that story went, I rented a car at the airport and drove there and got lost in the serpentine streets of that lovely city. This time, I had no problem finding my destination(I took a bus and a cab) but I had horrendous technology problems. AOL in Israel? doesn't want to work. Internet Bar? Can't find one.More...

The Week Ahead

What might happen in the stock markets next week.

The Federal Reserve finally proved me wrong the last week of June. I was predicting another 50 basis points of rate cuts with a statement indicating the economy was recovering nicely and they were through with the money.More...

The portfolios:

Last weeks portfolio snapshot. More...

Weekly Market Model Updat

Our models still look strong. More.

Common Sense on Mutual Funds : New Imperatives for the Intelligent Investor
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to  those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes  a strong case for index funds with this exhaustive study of investing. The rest of the article.

News Headlines
1 AMEX takes a profit hit
2 Intel & Oracle News Pressures Tech Stocks
3 Asian markets retreat, wait for US
4 Wall street at a turning point
5 Fed cuts can't sustain market
6 Investors await IPO recovery
7 Earnings Glass Half Full
8 JDS Up on upgrade
9 Microsoft Tops estimates
10 Tech stops stride higher
11 Tech stocks maintain gains

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