If we make a new high, I would expect the number of new highs to be very limited, because most stocks will have great difficulties to make new highs.
in Bloomberg
Related: SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.