Yahoo is closing MyBlogLog service

There was little surprise when I got the email from Yahoo! informing me that they will be closing MyBlogLog in a few months. I have been a Yahoo! fan for years, primarily because when I first started to learn and use Internet, Yahoo! was the only (the most efficient one at least) major search engine …

From Buy China to China Buys…

If you read the business section of any major US newspaper today, the headline is definitely Geely is buying Volvo for $1.8 Billion. From Hummer to Volvo, and from iron ore mines in Australia to the oil sand business in Alberta, the Chinese are quietly putting their huge foreign reserves (almost $2 trillion) to what …

Bouncing balls…

I am not sure how many short-term traders were fooled by the market today, but I confess I am one of them, and paid a pretty hefty price for it. All was set to rise this morning, when the market initially opened. After all, we’ve had some pretty positive news from the Federal Reserve regarding …

Rebound was all we were hoping for

The market was a little hesitant towards going up this morning, and I was a little worried because the consumer confidence and home prices data did not look so good. Consumer confidence was the key for economic recovery, which has plunged to the lowest since 1967, when the index was first measured while home prices …