04 July, 2011

We Can Rally To 1330, But August, September-October Will Be Rough Months

I think we can rally to around 1,330 on the S&P now, but not make a new high above the 1,370 highs, which we saw in May. And then, in my view, we would be going down to maybe 1,150 on the S&P.

I think the second half of August, September-October will be rough months. - BeaconEquity

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Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.