Marc Faber Jan 2011 outlook- correction imminent

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investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Re: Marc Faber Jan 2011 outlook- correction imminent

Is the stock market cheap?

http://www.businessinsider.com/is-the-stock-market-cheap-2011-1

jpetr's picture
jpetr
Status: Bronze Member (Offline)
Joined: Jul 24 2010
Posts: 33
Re: Marc Faber Jan 2011 outlook- correction imminent

Jon,

Thanks for these articles. I dont know if you read Hussman's weekly commentaries. He's been saying for awhile the market is overbought. Link here. http://www.hussmanfunds.com/. I think John is feeling the heat because he is an ethical and upright manager who plays by the rules not like Benny and the Feds. My one minute point and figure chart of the S&P 500 charts looks like a carefully orchestrated market fix with a straight trend line going up since end of November- never have I seen a one minute P&F chart look like this - as you almost always see pullbacks. 

Joe

 

 

 

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