Tuesday, August 9, 2011

Comments from veterans Marc Faber and Jim Rogers on the state of the stock markets

These two veterans have been right in the past on the turning points of the market, so it may be good to get their opinions now on the stock market.

Marc Faber on 8 Aug
I don`t think we will make new highs this year. I think the market basically is incredibly oversold at this level and its quite likely that we may bottom out today or tomorrow and have a rally

Jim Rogers on 8 Aug
Western Governments Will Embark On A New Round Of Quantitative Easing To Help Spur Their Moribund Economies

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