19 February, 2009

Marc Faber on the Stock Market

"Basically there was a rally from November 21, to January 6, the S&P 500 Index rallied 26%. Unfortunately it did not continue.

We have fallen back again, approaching the November lows, and some technical indicators are much better now then they were in November, so the next few days will be very important.

The stock market needs to start rallying now, otherwise we can break the November lows and have a new big selling wave." MARC FABER

If you are a futures trader, or if you trade stock you can always find some interesting stock market investments ideas here in Marc Faber Blog. Mr. Faber has been trading stocks, commodities futures, forex futures and options for decades.