We must likely have seen a major low on March 6th when the S&P hit 666 and here in Asia most markets really bottomed out in October and November of last year.
Lets say that for one reason or another the S&P which went to 956 and is now at around 920, drops to 800. I am sure that there will be another stimulus package and another massive monetary injection. And if it does not help then we will have another round when the S&P drops to 700. So I don`t think we will see new lows.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.
