Friday, October 8, 2010

Marc Faber : 666 on the S&P is a major low and we will not go below that level

Marc Faber :"I cannot tell you on which date the S&P will hit 950. But the case is simply that some people say the S&P will drop to 400. I have maintained since March 6, 2009 that 666 on the S&P was a major low and that we will not go below that level. This is still my view. I think a correction is still overdue, but not new lows and afterwards they will print and print and print and the equity prices will go higher. More than that, I do not know. "
in economictimes.indiatimes.com

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