Overall valuation and performance on the index level
Hi guys, sorry, another ASX200 question. How do you view the ASX200 at current level? I know we're having a hard time with the resources, but it seems we are largely under performing against others. After Thursday nights drop, do you see the valuation fair? I've been holding a position expecting the resources to find support and lift the index back to recent highs, or even new highs. After reporting had finished I thought that the index was well supported at the higher levels, but it looks like I may have been a bit to optimistic. I'd rather not be holding any decent sized positions in the coming weeks heading into May. Regards, Simon