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Saturday, 17-May-2008 05:23:12 CDT

A Whale eats a pig

HP announced this Tuesday plans to purchase Compaq Computer. This is both and admission of failure and a virtual guarantee that Dell Computer will maintain its pre-eminence in the computer industry. There could hardly be a worse strategy than the one that HP has adopted. Two failing mammoth giants, both fallen from former glory are trying to digest each other, hoping the resulting combination will form an powerhouse capable of taking on IBM. Not.More...

Patience

In the past twenty working days, I have used no gasoline on 14 of them. Nor did I use the public transportation system. Nor was I forced to purchase gasoline, whose price rocketed due to a refinery fire in Illinois. How did I do this? Simple, I got on a bicycle.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%
Fiber Fun

The equities markets have never been known for patience. That is why they continue to spiral wildly, testing new lows. It is not just the fear of a recession that has things bouncing around. It's a bout of impatience, brought on by the instant gratification internet age.More...

The Week Ahead

What might happen in the stock markets next week.

There is little good that can be seen on the short term horizon for this market. All technical factors and indicators point toward future deterioration. There is little that can happen other than really good economic news that can change it. Not even Alan Greenspan can do something about this, though he may already have handled things.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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