09 January, 2009

BRIC Countries may Rebound Nicely

BRIC (Brazil, Russia, India, China)

"Prices are now down to attractive levels as an entry-point, as a trading opportunity, like the metal stocks I mentioned. So, I think I would buy these BRIC countries for a rebound, looking for a rebound of around 30% from the present level." MARC FABER

Faber sees a trading opportunity in same stock markets around the globe. Jim Rogers has been very bullish on China and Taiwan for a long time now, and recently added to his positions.