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Monday, 12-May-2008 21:57:52 CDT

Six month report card

So you think this year has been a horrible one for stocks. You are right about that. We are well on our way to the first three year consecutive decline in my lifetime. Whether you blame terrorism, war or overvaluation in the 1990's the fact remains that it has been a very, very bad year. It is however, not an impossible year to make money.More...

A moral stand

George W. Bush's Middle East policy speech last week broke new ground in the arena of diplomacy and politics. It told the truth, feelings of the parties be damned. It set out a clear, moral stand as to where the United States stands on the war on terror.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%
Red Hat Upgrade

Much of the web content of this web site is presented on a server, in our offices that used to run Red Hat Linux 7.2. We had downloaded and burned the CD's for 7.3 but simply hadn't gotten around to actually running the update. Last Saturday night, we did.More...

The Week Ahead

What might happen in the stock markets next week.

In a flurry of negative news, the stock market held up quite well. A pretty decent comeback from revelations of massive accounting fraud at Worldcomm was wiped out by another massive fraud at Xerox, which did not fully come to light until after the close on Friday. We expect another tough week, devoid of real progress.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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