Dr. Marc Faber told investors to buy stocks on March 9, 2009 when S&P reached its low since 1996, and predicted a 20% decline if the index broke a new high.
Now with the S&P down about 13% from that high, Faber talked to Bloomberg on May 24 about his latest call on the markets, economy and what he thinks are the best place to invest now.
S&P – Support at 1,045, Resistance at 1,200
Faber now thinks the stocks are oversold in the near term on extreme negative sentiment … visit site to read more >>>
