On fundamentals one could make the case that we could go lower to around March 2009 lows at 666 on the S&P. But I think we have to be realistic that if the market dropped here another 10% or 15%, there would be for sure another quantitative easing move and other measures taken to support asset prices. - in Bloomberg.com
Related: Related ETFs: SPDR S&P 500 Index ETF (SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
