June 5, 2013

Marc Faber: The Market Is Actually Quite Vulnerable

"I think the market is rolling over. Now very near-term we are a bit oversold and we may rally back to around 1660 on the s&p and 1670 and even on the back of the strength of Intel, Microsoft and IBM we could make a new high, but the new high would not be confirmed by the majority of shares so the market could be quite vulnerable."