Something More Serious is in the Offing

"I'd like to reserve the opinion about this until we see the nature of the rebound," he said. "If the rebound fails around 1,820 [on the S&P 500] and then the market starts to drift again on the downside, and we see important shares for the market such as General Motors, GE, Coke... failing to make new highs, then I think we can assume that something more serious is in the offing."


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