Marc Faber: Markets Oversold, Set for Short-Term Rebound

"I think that near-term stock markets around the world are very, very oversold and most oversold since February, March 2009 and 1987," Faber said. "(It) doesn't mean that they can't go lower, but I think they will rebound.

http://www.cnbc.com/id/44068961

Mr. Gloom and Doom has spoken. Greetings. :cool:
 
Of course they are. But how long do you hold the firecracker after you light the fuse? I'm sitting on the sidelines till we see some strength.
 
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