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Australian share market tumbles, following Wall St rout

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Australian share market tumbles, following Wall St rout (pic: AAP)

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I knew this would happen ...I keep telling you

With bank PE ratios heading south to 12, you might be tempted to get in... But you'd also have to be tempted to believe their doubtful debt provisions...

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Australian stocks soar after historic Wall St liftThe consumer rally on Wall Street was echoed by Australian retail stocks, which were among the market's best performers.
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