Faber, Prechter, McHugh Call for Stock Market Rally

Noted market-timers Marc Faber, Robert Prechter and Robert McHugh are all calling for a significant stock-market rally.


How could the market rally when the economic news is so bad?

Well, as I previously wrote, the market is not always rational.

Remember, even if the market does rally in the short-run, Faber, Prechter and McHugh are all forecasting a very deep depression afterwards and none of them are recommending that you buy and hold stock long-term. So this is a trader’s game, not a long-term investor’s game.

Note: I am not an investment advisor and this should not be taken as investment advice.

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