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A Bullish Case For The Market - A Contrasting View Of A 1987 Crash Style Bearish Forecast

Friday, August 23, 2013 - 7:09 PM
It takes two to tango, right?  You need Bulls and Bears to make the market move.  Here's a Bull:

 

Addressing Marc Faber’s Call for an 1987-Style Crash | Chris Puplava | FINANCIAL SENSE

 
Summary: While I greatly respect Dr. Faber (AKA: “Doctor Doom”), I think his comparison of the current environment to 1987 is off the mark. I do believe that stocks could tread water ahead of the September FOMC meeting and may possibly correct more (See: “Possible Short-Term Top; No Bear Market on the Horizon”), but I simply do not see the same circumstances in place that warrant a repeat of the 1987 crash.

 
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MikeMike327 posts since
Feb 22, 2010
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