Thursday, 16 April 2009
Dear Members,
One should remain very alert as we have see major creak in commodities so please don't hold signal contract in metals, oil, soft and grains. We see more than 10% fall in the five trading days. Sell gold at $895, silver at $12.70, copper $218 and Platinum $1216. Sell metal stocks. Soon goldd will move down to $832 and silver $10.80, copper $163.80.
Stock market will come down around 5% so wait for the opportunity of buying. Just watch very closely alternative energy stocks as great opportunity of buying is coming in the next two weeks.
Dollar looks very attractive at this stage, sell Australian dollar, Canadian dollar, Pound and Swiss franc. Next week dollar should move up new high.
Thanks & God Bless
Mahendra Sharma