Tuesday, 09 September 2008
Hi Friends,
Here is 4th September 2008, radio interview with Rich Roffman of Florida.
Also you can hear what I predicted on 13 June 2008 for commodities and dollar. Just pass halfway upto 561 point on interview. This interview was very important one to understand why coming cycle for dollar will be important one.
Thanks & God Bless
Mahendra Sharma
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Dear Members,
Today is Friday and still trend is not clear in commodities, we will write in details about commodities and currency trend in next week newsletter.
I would like you to listens one more time this interview on 13 June 2008 with Rich Roffman. I gave one more very interesting radio interview yesterday night and I will put that also one on my website by Sunday.
Just pass halfway upto 561 point on interview. This interview was very important one to understand why coming cycle for dollar will be important one.
We are increasing flashnews prices by 100% on Sunday.
Here is last week newsletter for review: www.mahendraprophecy.com/Lastweeknewsletter/25-29August.pdf
Newsletter cost is nothing against risk you take in market.
Thanks & God Bless
Mahendra Sharma Fridays, 7.00 am
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Here is this week's update:
Dear Members,
We recommended buying in metals during last hour of today metals went up sharply during Asia and Europe, it went up to $819 from yesterdays low of $794. We recommend to put also strict stop-loss as we were very scare on metals and oil because we clearly mentioned in this week letter "Don’t buy oil and metals in hurry as they can remain weak from Tuesday to Wednesday. Buy metals and oil on late Wednesday. If Metals and oil fail once again to remain positive on Thursday and Friday then I can confirm gold reaching $690, silver $9.80 and oil $86 in the next four week.
Today is Thursday and trend weak, let see Friday because at this stage looks like metals and oil is heading for worst period so metal investor's should be trading very carefully as we are not recommending any position in metals until 100% confirmation comes from astrology. If tomorrow metals and oil trade weak then it confirms that gold is going toward $690 and oil $87.00.
Hold core position in US dollar, book partly profit here on short term trading.
Dow is moving down sharply so one make take this as a buying opportunity. Accumulate December Dow call of 12000, 13000 and 14000 because Dow will trade above that in the next four months.
Thanks & God Bless
Mahendra Sharma, Thursday
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Dear Members,
Today it is time to cover short position in oil and metals. It is also good period to buy a small position very strict stop-loss because overall position of commodities are not very supportive from planets. Any way I see 3% rise in commodities from here so trade accordingly.
Thursday and Fridays all commodities should move up otherwise disaster will come in all commodities and prices can fall more than 20% from here.
Dollar will get weak from here or from tomorrow for short period but one can hold long position as this is just a starting point. You can see what I have said in end of March: http://mahendraprophecy.com/2008-predictions.asp
Accumulate DOW at this level.
I will come out with update again tomorrow and Fridays.
Next week I be traveling back to USA.
Thanks & God Bless
Mahendra Sharma, 6.30 PM, Mumbai
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Dear Members,
Monday and Tuesday we expected fall in commodities and positive trend in Dow as well as in US Dollar, which exectly is happening. We will wait and watch before we take buying position in metals, oil, grains and soft commodities. We must take small position before tomorrow closing or after mid-closing session as I see Thursday and Fridays rising trend in metals and oil.
Lets pray that metals and oil doesn't fall on Thursday and Friday becase that can be worst news for metal investors. Thursday and Friday fall will confirm gold reaching $690 and silver toward $9.80.
Dollar is on Fire as predicted. Dollar will get weak from Thursday and weak trend will remain for days day, in fact it will be sideways trend.
Keep adding Dow and S&P position.
Here is what we mentioned in this week newsletter:
Don’t buy oil and metals in hurry as they can remain weak from Tuesday to Wednesday. Buy metals and oil on late Wednesday. If Metals and oil fail once again to remain positive on Thursday and Friday then I can confirm gold reaching $690, silver $9.80 and oil $86 in the next four week.
Thanks & God Bless
Mahendra Sharma, Tuesday 7.00 PM Mumbai
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Dear Members,
Oil has hit low of this week as predicted in todays newsletter ($110.80 mentioned in newsletter)and still trend looks very scary so please don't but oil at this stage. Now astrological new target for oil is $102.80. Heating oil, RB gas and Natural gas also trading toward low and still looks weak. We will buy on the day as mentioned in newslatter.
From newsletter:
OIL
Last week oil traded as predicted, and thanks go to astrology. The last few months have been delightfully accurate and members are getting value for their newsletter fee. Indeed, members have been sending us emails that our newsletters have been helping them plan their investment strategy. I was surprised when several members even suggested that I should consider increasing my fees! Anyway, I very much appreciate your support and encouragement.
Metals also trading as per our newsletter prediction and looks scary at this stage. We will buy metals only on predicted day in newsletter.
Dollar trading positive as mentioned but we will book profit tomorrow.
Wait for another update on Wednesday.
Thanks & God Bless
Mahendra Sharma, Monday 7.00PM Mumbai
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Dear Members,
Yesterday after sharp corrections metals and oil regained little bit during closing.
It is not much worry time for metals but I won't also recommend to go aggressive buying because overall time is still not that encouraging for metals and oil. At this stage it looks like that gold will trade between $846 to $824 and oil $119.10 to $111.80.
Fir us important news that dollar is trade around high price but now taking some time to settle down at higher side. We will wait more to add some more position in dollar during end of next week.
Still few weeks are pending for safe buying in metals and oil. I will try to describe in details in next week newsletter regarding metals, oil and currencies.
I am very much hope that DOW will hit 15000 by year end.
Thanks & God Bless
Mahendra Sharma