Marc Faber predicts a 30%-40% fall in 6 months

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Topic: Marc Faber predicts a 30%-40% fall in 6 months

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furkanalam
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Topic: Marc Faber predicts a 30%-40% fall in 6 months
Posted: 22/Feb/2008 at 12:19pm

Today on CNBC-TV18 Marc Faber has predicted a 30%-40% fall from current levels for all Emerging Markets in coming 6 months.

He states that Sensex can go to levels of 10000 to 12000 in coming months.

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basant
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Posted: 22/Feb/2008 at 12:24pm

He has been consistent and someday he might be right.

'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

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furkanalam
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Posted: 22/Feb/2008 at 12:31pm

Basant what do u say about Marc....is he someone whose words can be relied on.....can you please elaborate........

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kulman
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Posted: 22/Feb/2008 at 12:42pm

For the sake of GBD report (paid) subscribers, he deserves to be right at least one time.

Life can only be understood backwards—but it must be lived forwards

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xbox
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Posted: 22/Feb/2008 at 12:47pm

Originally posted by kulman

For the sake of GBD report (paid) subscribers, he deserves to be right at least one time.

This reminds me one old saying....a stoped watch gives correct time twice a day. Cry

Don't bet on pig after all bull & bear in circle.

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furkanalam
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Posted: 22/Feb/2008 at 12:49pm

Whenever this person comes on TV....he is always predicting a fall.....i am amazed why he is so pessimistic about India in particular......

I think this is the reason why he is called Dr.DOOM

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basant
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Posted: 22/Feb/2008 at 1:21pm

Originally posted by furkanalam

Basant what do u say about Marc....is he someone whose words can be relied on.....can you please elaborate........

He is a specialist in commodities not sure why the business channels want him to comments on the markets.

Edited by basant - 22/Feb/2008 at 1:23pm

'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in

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tigershark
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Posted: 22/Feb/2008 at 1:50pm

these days he is bullish on cambodia.bloomberg.com

understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things

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