has asx bottomed, page-18

has the ASX bottomed?
Not even close yet!

There has probably been a short term bottom put in like late january, but my take is that there is a long way to go.

We should be up coming into the USA elections in Nov, but there is too much of the next 3 months and it will be all over.

Everyone is too impatient. This will take time to resolve, a safe place to be is holding high levels of cash.

I am keen on resources, just not yet.