Candlesticks rule and Telstra

ASX200

4,082.300

-52.700

-1.27%

Back down near the intra day low from a couple weeks back and the lowest closing in almost three months. Intra day is why you must use candlesticks instead of simple line graphs. Line only conveys one piece of information while candlesticks convey four; low high open close.
Hopefully this will bring some fear in to the Aus market, as we are looking to buy.

Telstra firms as the worst comments I have found aren't too bad, Income Investors view is real income has only marginally increased over the last five years. That is true, but it is at least stable has a good dividend and in unlikely to be as effected in a big down turn, compared to banks and shopping centre owners.