Wednesday, March 26, 2008

Current market rally should be used to Exit : Marc Faber

Investment Guru Marc Faber said that people don't have any idea where the market will bottom. out "However, the market can rally, but any rallies from here will be very good opportunities to sell into."

The Sensex can rally up to 18k to 19k the US S&P can go to 1,400-1,450, he said. Faber feels there is two opposing forces in the markets now and therefore he will prefer to remain out of it.