Marc Faber on Markets
"...In fact, some asset markets like India, Russia, the Latin American stock markets, copper, and other industrial commodities, are so over-extended that further 30% declines would not surprise me. Therefore, my advice is to sell rallies in stocks and commodities and take a holiday until next October. This would particularly apply for the Indian stock market, where speculators are mostly heavily long…"
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I guess bears are going to have a party time nowonwards....keep blogging...
Posted by Naresh | 11:11 PM