Thursday, October 8, 2009

10 08 09 Market Comment

Stock suffered a relatively minor correction in mid-September. The market is now once again in an uptrend. If this trend persists, the high yield bond funds we own should move up along with the stock market. Bond funds remain in a low volatility uptrend.

The All Ordinaries Index (Austrailia's equivalent of the Dow Jones Industrial Average) is surging. I may make a small allocation in an Austrailian fund or etf shortly.

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