Marc Faber : 'The Market Is Actually Quite Vulnerable'
Marc Faber :"Very near term, we are a bit oversold and we may rally back to around 1,660-1,670 on the S&P," he said. "On the backs of Intel,Microsoft and IBM we can make a new high. But the new high would not be confirmed by the majority of shares. I think the market is actually quite vulnerable."
"I think the market is rolling over," he said, pointing to the sharp drop in some international markets in recent weeks.