A Specific Blog post to be assigned as the landing page of my wordpress blog

Is it possible for a specific blog post (in wordpress) to be the landing page? For example my domain name is www.overflowingstupidity.com and I have this blog entitled post “How to burn your house down in 3 easy steps”

Whenever a user clicks or type in the url bar of the web browser my domain name, he/she will directed and landed on my blog post “How to burn your house down in 3 easy steps” instead of the default index.php file of my wordpress blog.

Is that possible? IF YES, can you point out to me how?

1. Edit the blog post and copy the contents.
2. Create a new page and paste that content. Make sure you use the same title.
3. Now Go to http://www.overflowingstupidity.com/wp-admin/options-reading.php
4. Click A static page and choose your blog post.