Now, before anybody gets nervous, (1) the free BillCara blog will continue, even if I have to just purge all unregistered mail and refuse to acknowledge or respond to mail that irks me, and (2) there will be a free component to the new premium service.

When you see all the work I have to do to produce the new reports, and the value to certain traders, I think you will agree that I cannot offer it all free.

Do I think that some users will want to pay? Absolutely.

Money is not what drives me, obviously. But I think it's unfair to me to get the hundreds of letters I do from securities industry professionals who use my work in their jobs, and not pay a thing for it.

So what I decided to do, rather than lower the level of the present blog, was to up the level of an associated blog, and produce it in a way that subscribers will find user-friendly. The industry professional will like the fact I have addressed reader productivity issues.

There will be daily audio and video reports as well as text. Eventually it will be in multi-languages: I just have to learn Mandarin, Cantonese, Japanese, Spanish, Portuguese, Russian, etc ;-)

But the major achievement will be that time-pressured users will be able to access every layer of this report in 4 keystrokes. With MP3, they'll be able to get real-time reports. It's going to be a challenge, but a fun one.

Finally, I'm looking forward to getting back into the game, and enjoying it thoroughly.

I didn't have my usual humor in writing Saturday's Week #30 in Review, but I can tell you I enjoyed writing that report for the first time in a long time.

Now I have to get busy updating the GICS Sector studies for 3Q05 linked to the top banner of this website.

BCara@BillCara.com