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"Dr. Doom" Marc Faber: Don't expect this rally to last
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Tuesday, November 29, 2011
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From The Guru Investor:

Marc Faber of the Gloom, Boom & Doom Report says equities may rally in the short term, but he doesn't think it will be a long-lasting bullish move.

"The rally came from a very oversold level," Faber tells FOX Business Network. "We have a very strong support on the S&P between 1,100-1,150. And usually, the December month is a strong month as well as January so we have seasonal strength and oversold conditions and we can rally... But I don't think you should expect too much. I think we'll get into...

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Topics: Guru | Sentiment | Technical_Analysis
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