Another week gone by,
let’s get into that all important link love!

It’s been really busy all around for me over the past month or so, hopefully this week should present itself with a nice spot where I am free from mid-terms and available to blog. One of the most important things about this week has GOT to be the U.S. Presidential Election… so I might focus on that with a post about the two primary candidates… Barack Obama and John McCain. Before we get into all of that, let’s gear back and focus on the week gone by, ending November 1, 2008 (wow, November already!?):

Blog Herald kicks us off with a great look on multiple blogs and resources that can be used to track information about the presidential election, definitely worth checking out if you are voting. The Aff Toolbox gives us some great instruction on combining forces to boost profits. Suite J pulls out another great post, this time on finding buyers for your website flipping projects. Terence Chang wrote an interesting editorial on SPAM (and spam too!)… one of my favorite foods. And Zac Johnson wraps us up with an awesome write up on five ways you can cash in HUGE before the year is up.

Stock Market Recap
The month of October, a historically awful month on the markets, is finally over. People have really bad sentiment toward trading in October, and this month was no exception. With the S&P 500 Index down almost 25% before a late turnaround last week kicked in to recover some of our losses… a lot of investors are changing their minds about the investing environment. Yahoo Finance reports that we fell 16.9% on the month, which was apparently the 8th worst month in market history.

Something special happened last week. Despite a ton of bad news surrounding the United States GDP and other metrics of economic growth… we actually managed one of our better weeks to head things out into November. The Federal Reserve cut its target Federal Funds rate to 1%, not that it actually did anything. When you hear about a “rate cut”… it is actually just the Fed’s target. Unfortunately, we were already at 1% (or lower) prior to the rate “cut”… so it essentially did absolutely nothing. Still, markets responded nicely and we got a rally off our lows.

Blogosphere Update
The October Spectacular is still in progress, so get your entries in if you want a shot to win a Nintendo Wii, a Flip Mino or more! The top affiliate from Market Leverage who is entered will take in the first prize… so let’s get motivated and start earning some cash, eh? ;)

We’ve got the second run of Blogging Idol off and running! This time, the big competition is all about making the most money from your blog with Google AdSense. If any of you think you are up for the challenge, I highly suggest that you go ahead and sign up for the contest… as it should be a fun time and a free opportunity for publicity if you do well. I now that applications closed as of November 1st, but you might still be able to get in if you are nice! :) Good luck to everyone in the competition.

The Week In Focus
I’m going to be expecting a lot of Barack Obama v. John McCain posts this week… so I might make a post myself. If I do write one, it will be supporting John McCain simply because so many bloggers out there are addicted to Obama and I don’t believe it is fair to always be hearing one side of the story.

Earnings for the month of October are going to be a bit trimmer than normal… this is mostly because I didn’t put ANY time into actively seeking out deals to make money through affiliates or whatnot. Whatever I earned this month is pretty much what I would be making with the bare minimum amount of work… so that might be interesting to see actually… haha.

Stay tuned for a jam-packed week of content… and stay BULLISH on the net!
-The Net Fool

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