CHESSNOID

My community at MyBlogLog (MBL) has become a hot community. Now that they put the spotlight on my site, my group has basically doubled overnight. It is nice for people to support me and my endeavors by reading my blog. I like the idea of writing in an open journal. I have met really great people from all over the world and have been able to learn a lot from them. I hope I write stuff worthy of your time. Thanks again for reading this and feel free to comment on any of the posts or drop me an email.

The stock market opened up but now is reversing direction as I type this. I was hoping we would have 4 up days in a row. The day is only beginning, so we will see where it ends up. The big positive news I heard was Bank of America was going to help Countrywide Bank. This is basically to provide relief to the housing crunch we are currently going through now. I think these continued efforts by the Federal Reserve and now Bank of America may continue to help to reverse the psychology in the market. The investors selling right now in the stock market just want to lock up their gains for minimize their losses. I don’t blame them because it has been a roller coaster of a ride this past month.