According to Marc Faber, "A correction is overdue, but I would not think that a bear market is around the corner. The correction will be a buying opportunity and then we will have a boom in stocks and in commodities like we had between the end of 1999 and March 2000 when markets went up very strongly."
If this is true, then it will turn up to be yet another fantastic opportunity to load up on stocks. But personally, I will not be surprised if the markets correct only next year, as so many people are screaming for correction currently. But, I will be preparing to sell my remaining positions next few weeks to have fresh funds available during the next market correction.
100% SOLD:
NOL : +7.77% (3 mths)
Sembmar: +12% (3 mths)
50% SOLD:
Noble: +13.5% (3 mths)
STILL HOLDING:
Gold: +18% (10 mths)
SOHO: +35.3% (3 mths)
BOA: -23.4% (3 mths)
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