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Month: October 2014

The ASX 200 followed the global markets rally from last Friday, closing 48 points higher at 5319.

The banks look very attractive for the next 4 weeks with dividends looming

The ASX 200 continued it’s rally today, up 54 points intraday, only to close closing 17 points higher at 5272, making it up 1.6% for the week.

The US washout approaches completion as the Dow plunges over 450 points but then recovers over 1/2 of the losses.

As expected, it was a choppy and volatile session, with the ASX 200 closing on near its highs, up 9 points at 5255 with a range of 96 points.

Please view our Market Matters Video Update 15th October, FLT, ANZ and BOQ plus FMG

* Note that Index expiry is tomorrow morning, not today.

The Dow falls another 223 Points, am I still comfortable buying?

The ASX 200 rallied as expected from this morning’s report; closing 52 points higher at 5207, led by the miners for the second session in a row.

On Sunday, I was pretending to be Darth Vader with my high pressure hose in the garden, when the mobile rang with the AFR looking for my thoughts on the oil price and equities. What I find interesting is not the phone call, but the fact that the journalists are now focusing on what will likely become a 9-10% correction in the ASX200 over the past 2 weeks, where a ~22% correction has already been seen in crude oil.

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