Australian (ASX) Stock Market Forum

Have we seen the bottom now?

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So it is plainly obvious that the US government will not allow Fannie and Freddie to fail. Does this mean the stock market has bottomed?
 
So it is plainly obvious that the US government will not allow Fannie and Freddie to fail. Does this mean the stock market has bottomed?

not sure re- bottomed, but i do notice that whenever our market hits 4800 it seems to bounce of that point

do a chart of the XAO,

5200 is level of resistance,, hopefully we crack that tommorow
 
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