Marc faber

His latest blog says that market is oversold and will bounce, but it is a chance to lighten up positions. I'm not glad because I have Opko, mbvx, cocp, onty, nvcn, trxc, rxii, isis, drne, and other stocks that I wanted to hold till they got bought out or appreciated a lot. But the world economy is just in the dumps. I think credit has peaked, and the global economy is going faster into recession. There is the ugly head of European bonds ready to wreak havoc, and now energy bonds, which banks are loaded with, and the bond market is barely liquid. Someone I've known for years in the spy message board thinks there will be a 20 to 50 percent decline probably in 2016 starting in June, but that is his opinion. Of course Marc Fabre who is a genius says fed will print more money if the stock market dips more than 10 percent.. On the other hand, Opko will do quite well in a financially stressed world, and i really believe will save the health care system billions of dollars in 4 k, biosimilars, Claros, rayaldee and oxyntomodulin. I would never sell Opko though in a market crash, I would do what the insiders do. But I am worried. I'm thinking of hedging with 2016 out of the money spy puts .ps, thank you, uncle for this great idea.