Dear Friends,
Here I am putting yesterdays flashnews, trade with wave of nature strategy, ignore experts those who are talking negative about metals (including Jim Roger and Gartman). Stay long in S&P and commodities for longer term, our weekly newsletter and Flashnews will guide you on short term movement.
Dear Members,
As per this week’s newsletter, on Tuesday and Wednesday our Wave of Nature-Astro indicators gave a clear indication of positive trends for stocks and commodities. On Tuesday all major markets went up beyond our expectations or beyond our higher side predicted price.
This always happens when large crowds feel like they are missing opportunities. Hardly any investors were buying metals last week because most of the analysts were scaring metals investors. We however remained firm on our view on metals and stock market. This paid huge returns in the last three trading days.
Even though our theory gave so many great calls in the last 20 years and our followers always appreciated it when we were accurate; today I received the most number of emails appreciating our recent advice on buying S&P, metals, grains and other commodities. I humbly just say “Thank You” for supporting our theory.
Shorter term profit booking will come late tomorrow or Thursday but I won’t recommend going short at this stage. Yes, one can do in and out day trading.
Many of those who bought our book must be very excited as the book is clearly indicating the most exciting time in the history of Wall Street - in stocks and commodity markets.
Please remain focused. Don’t follow anyone or thing that speaks negatively for stocks and commodities as I don’t want you to miss the most exciting opportunity that is en-route. In 2001 we were recommending buying gold, silver, oil and other commodities and currencies against USD and though remained skeptic missed life tile opportunities.
I will strongly recommend everyone to follow all indicators or whomever you trust but give importance to the wave of nature theory for at least the next three years as we feel that these next three years will be the most exciting for our theory and our theory will able to guide you most accurately.
Here is Wednesday’s trading range for all major markets:
GOLD/SILVER
We will see both side movements in metals on Wednesday. Here is the trading range for precious metals:
GOLD - $1612 TO $1587
SILVER - $29.77 TO $28.57
COPPER/PLATINUM/PALLADIUM
This week copper and palladium will move up sharply so one should buy and hold their positions during this week. Avoid platinum at this stage. Buy copper on weakness.
Wednesday trading range for base metals:
COPPER - $355.30 TO $343.50
PALLADIUM - $669 TO $651
PLATINUM – $1439 TO $1412
STOCK MARKET
This is what we mentioned in this weeks newsletter - Positive news should start flowing into the markets and this will create positive sentiments among the investors community. The Europe situation will come under control and we may see a huge bailout package from EU and IMF.
Anyways this week looks mixed for investors but surely the markets are ready to bottom out around here. Commodities will outperform stocks during this week.
Last week USA and London markets performed very well as predicted. This week Asian markets will perform extremely well, especially Hong Kong and emerging markets. Australian and Canada will remain in pressure.
Keep adding stocks or indexes on weakness. I don’t see S&P falling below 1200 in 2012 so the down side is limited and on the higher side we see the first target $1438 and the next $1632 in 2012.
Some profit booking will come but any weakness should be taken as a buying opportunity in S&P and all other markets.
Here is Wednesday’s trading range for indexes:
AUSTRALIAN – 4189 to 4145
NIKKEI – 8588 TO 8552
HONG KONG - 18998 TO 18710
CAC – 3268 TO 3219
DAX - 6209 TO 6092
FTSE – 5678 TO 5583
S&P - 1281 TO 1260
NASDAQ – 2332 TO 2295
RUSSELL – 755 TO 742
DOW – 12398 TO 12271
COFFEE/COTTON
Wait for coffee for few more days before you add more positions. Those who are holding coffee can hold their trades. Cotton moved limit up on Tuesday so hold your trades in cotton.
Wednesday’s trading range:
COFFEE - $229.10 TO $225.10
COTTON - $95.98 TO 93.38
COCOA/ORANGE JUICE/SUGAR
Sugar prices will keep moving up, so add positions on weakness. Avoid orange juice and cocoa.
Here is Wednesday’s trading range:
COCOA - $2153 TO $2090
SUGAR - $24.75 TO $23.77
ORNAGE JUICE - $175.95 TO $170.90
TREASURY BOND
Yesterday bond prices fell sharply as predicted. On Wednesday bond will trade mixed. This is what we mentioned in newsletter - A great time has come to sell thirty year bonds. I highly recommend getting out from bonds trade by Thursday. One can sell or build some selling positions at a higher predicted level. The last ten years accuracy in bond prediction has been very high so those who don’t trade in bond should start trading in small quantities as the planets wave will help you to make big money here.
Wednesday’s trading range: 144-02 to 142-30
GRAINS
On Tuesday we recommended booking profit in grains, and I am sure you must have done that, if not then do it today.
Here is Wednesday’s trading range for grains:
CORN - $659 TO $647
SOY - $1230 TO $1110
WHEAT - $660.25 TO $645.75
RICE – 14.78 TO $14.50
ENERGY
This is what we mentioned in this week newsletter - This week looks mixed for oil, but surely we may see oil moving higher on Tuesday and Wednesday. We came 100% wrong on natural gas predictions so don’t follow our advise on gas until we come back on track because we are missing something in our Astro calculations. The next important date for gas is the 4 of January and we are so sure that gas will bottom out on the 4 of January.
Our day trading range is working well for all markets, so our members should take advantage for short term trading as well.
Here is Wednesday’s trading range:
OIL – $103.65 TO $101.55
NATURAL GAS - $2.93 TO $3.13
CURRENCIES
This is what we mentioned in this week newsletter so follow the weekly newsletter advice closely - Lately our advice on currency trading has proven very profitable. This week dollar will trade weaker on Tuesday but this is a great time to acquire dollar on late Wednesday and we see positive trends coming from Thursday and rising trends will remain on Friday as well.
Emerging market currencies will bottom out during this week, so this is a great time to take some trades in these currencies.
Late Wednesday or Thursday one can buy small positions in USD.
Here is Wednesday’s trading range:
DOLLAR INDEX – 80.32 to 79.62
EURO – 1.3145 to 1.2988
AUSTRALIAN DOLLAR – 1.0318 to 1.0202
CANADIAN DOLLAR – 0.9930 to 0.9829
BRITISH POUND – 1.5701 to 1.5568
JAPANESE YEN – 1.3087 to 1.2992
SWISS FRANC – 1.0789 to 1.0688
RUPPEE – 53.21 to 52.88
RAND – 8.12 to 08.01
Don't look for always free news, pay for any good services if you like to grow.
Thanks & God Bless
Sharma Mahendra
Tuesday, 6.15 PM Santa Barbara
Friends, I always receive very supportive emails from people and never shows world what people write or feel about my work, I just keep all emails and letter in safe place but this email below made me a bit emotional. I thank Belinda and I thank all of you. Thanks & God Bless Mahendra Sharma
Greetings Mahendra -
