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Monday, 12-May-2008 06:37:11 CDT

Airline Mistake

The only major airline that did not announce massive job cuts the past two weeks was Southwest Airlines. This is due to a number of factors. The most important factor is that fact that Southwest is better run than any other airline. Further, their response to the crisis has been better than most airlines. Plain and simple.More...

We should have been ready

In 1969 a Libyan airliner was hijacked and pointed toward Tel Aviv Israel. The hijackers stated their intent was to use the aircraft as a missile and kill as many Jews as possible. The Israeli Air Force shot the aircraft down over the Mediterranean Sea. In 1984 a Pan-Am 747 was hijacked with the intent to blow it up over Tel Aviv. The hijackers were thwarted partially by the pilots. In 1994 Air France Flight 8969 was hijacked in Christmas Eve with the intent to use the aircraft to bring down the Eiffel Tower. The hijackers were killed because they could not fly the plane. So why wasn't the Department of Defense ready for September 11, 2001?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%
$3.2 Billion

Information Week estimates that over $3.2 billion in computers and related hardware were destroyed in the World Trade Center and nearby damaged buildings. This is a potential stimulus to the profits of large technology firms.More...

The Week Ahead

What might happen in the stock markets next week.

As more economic data showing the U.S. to be falling into an economic recession becomes revealed, the short term risk to investors will become more pronounced. Bad news, especially with data collected after September 11 could rock or rocket the market. Investors beware.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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