The 1990's represented a large shift in the role of technology in our economy. During the current recession, which some blame on technology excesses of the late 1990's a debate has broken out concerning whether the investment in technology during that decade paid off or not. Those that think it has, led by Alan Greenspan have noted that 4% growth was supported for much of the prior decade with little or no inflation. That growth was supported by increased productivity, much of it coming from high technology. Others point out that technology still represents only 5.5% of our capital goods and that much of the spending in the 1990's was wasted.More...

The United States Senate has left Washington with a lot of important things undone. Most critical of which is the cavernous vacancies within the Bush administration. Critical posts at the departments of Justice, State and Defense, all needed for the war on terror have been left unfilled. It is not for a lack of qualified candidates. It is because certain members of Congress have not been able to accept Bush as President and want to hobble his administration. It is time for Mr. Bush to use the political equivalent of nuclear war.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%

Burn Out

A week ago last week, we lost a computer at investmenttool.com. It had been with us since 1997. I would have to say we got our money's worth out of it.More...

What might happen in the stock markets next week.

Well folks, while we weren't looking, the market found its trading range. That range is not far off from where I predicted it a few weeks ago. That cracking sound is my joints as I try and pat myself on the back.More...

Last weeks portfolio snapshot. More...

Our models still look strong. More.