Marc Faber : "We are very overbought, but it is also possible that we have a mild
correction in February and then a further increase in stock prices,"
Faber said on "Closing Bell.""something that would be similar to '87
where in the first half of the year until August the market went up by
41 percent (only) to lose 40 percent in months in October and November.
So it's a possibility that we have a lot of volatility this year in
equity prices.""I am selling shares at the present time. I am reducing positions because there is euphoria building up," Faber said - in CNBC