"After participating in Barron's round-table discussion this week he has now turned bearish due to too much bullish sentiment, "Everybody was looking for further gains in stocks," he said."
He further elaborates with snippets of information such as years ending in zero and election cycle mid-term years being negative for stocks, as well as some of the leading stocks such as Google (GOOG) are acting heavy and momentum traders could pull their cash quite quickly.
in www.marketoracle.co.uk
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.
