CHESSNOID

After the US 2nd stock market drop of over 700 points in the DOW and 7-9% drop in the other indexes, the world stock markets are reacting accordingly.  We rallied and then they rallied.  By the way, that was a classic bear market sucker’s rally.  Now that we fall, they fall too.
NEW YORK (CNNMoney.com)
Stock [...]

I watched the entire 90 minute debate between Obama and McCain.  I’ll be upfront with you, I don’t like either one of them so I can probably be more objective than most people. I am convinced neither one of them are qualified to fix the economy.  Listen to their ideas and all they really say [...]

I live in California which has been one of the hardest hit states when it comes to the housing bust.  Everything is a bit more amplified as far as the recession goes.  Maybe it isn’t as bad in other states. I just don’t know.  California is an expensive state to live in and now that [...]

Right now being in the stock market is almost like gambling.  You don’t know what hand you will be dealt.  For 8 days the market was down over 2,000 points.  All 3 indexes were down about 20% in just that short period of time. Then on the 9th day, the stock market gave you a [...]