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Author: james Carter

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.

The ASX 200 started its session near its lows of 5122 (-66 points) today, only to recover some of its losses to close 33 points lower at 5156.

Remain focused on the individual stock opportunities among this increasing volatility

The sea of red returned in the ASX 200 today, closing 108 points lower at 5,188 following the global market selloff overnight

Buy signals generated by equities last night, I cannot be short equities!

The ASX 200 rallied as anticipated, with the banking sector leading the way, closing 55 points higher at 5,297.

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