Tuesday, July 5, 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. - Marc Faber

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