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Luck, you and Market - last week letter

Hear is last week newsletter

LUCK AND WE

Dear Members,

I am in Africa and this letter with editing, so you find any mistake please let me know. Thanks

Everyday passing by, more and more people are getting attracted toward financial markets. Most people try their luck, treating markets like casinos. Some do short term trading, some focus on longer term investments, while many other just come and go, often leaving with miserable results.   

In my view trading or investment is seventy percent on luck and thirty percent all other controllable factors. Who doesn’t do gambling? When you board a plane you are gambling with your life depending on unknown pilot or the plan is perfectly functional on the whole flight. Or, have you thought of the likelihood of running into an accident while driving on highway in a 70- mph speed? And when someone starts a business is it not a gamble? We humans are optimistic and we think that everything will be fine and we trust on that feeling. This is the way life evolves ahead. If you are successful then people admire you for all the right things you have done—including sometimes taking huge risks; but if you are unsuccessful in any venture, trading or any other thing in life, then people are quick to point out how things have gone wrong and what could have been done.  

It is human psychology dictated by natural forces. I always try to set aside time each day to meditate upon and analyze life, markets, current world situations, or sometimes letting my mind take me to wherever it goes. After seeing countless destinies of individuals, events, companies, industries and even countries, I can confidently tell you that luck, or destiny, plays a key role in anyone’s and anything’s life. Luck even decides your personality, character, intelligence and all the important people you meet in your life without which you would not be you today! And the best way to identify the luck factor is by reading Astro charts of the day anyone or anything is born.  

Knowledge or tools don’t give you luck, which is an independent force that works in unique, mysterious ways. Today I should have been sitting with billions of dollars because I knew each and every major trend of the markets well in advance but still today I am not a billionaire because of the luck factor. Unseen force comes in your way and entices or “tricks” you to do trades which you are not supposed to do.  

If you come right in markets and if your trades are right you can make fortune in no time but luck factor decides the result. In my next book I am more focused on luck factor and trading and if we can deal with luck factor then sky is the limit because you will be on the controlling seat. My work is not limited to the services we provide—the weekly newsletters or flash news. I want all my members to be successful but that is not happening because we were never able to take luck factor on our side, and it is my duty to inform you what lies ahead.  

Luck or not, I am still hungry for success and I will keep searching paths to open the luck door for you. I believe that within short time span we will come out with a luck theory or how to take luck on our side. In astrology ninth house is the house of luck and we want ninth house to keep flourishing. Since last one month we have focused on the timing factor and so far we have achieved encouraging successes in metals, grains, stocks, and soft commodities. I was not accurate on the short-term basis on energy and currency areas, and I believe that in another two weeks I can sort out what I really missed in my reading. I’d like to share with you my recent inner progress because this is critical in building a successful investment venture for me as well as for you.  

At any rate, my focus stays squarely at how I can improve our accuracy and the luck factor. My family often complains that my mind is too much attached to markets, trends and members. Yet their complaint is a sign that my concern for my members and their success is a top priority of my life. Believe me you won’t be disappointed in the coming time. Our services will not only provide financial weekly trends but will bring luck (most powerful hidden tool which controls everything in life) to our side.   

Let’s see what Astro charts indicate for this week.  

Weekly newsletter from 2-6 August 2010:  

GOLD/SILVER

Last six weeks our study on daily trends in precious metals has been very accurate and I am happy that the fine-tuning I made in my Astro study is helping us. Lately we have been alerting you on the coming bullish silver trend. Let this uncertain time get over then it will be fun to trade silver. I don’t have any doubt silver will be taking over gold’s luster and leading the whole metal area, just as between 2005 and 2008 copper was leading the whole base metals area. In 2003 to 2005 soybean was the leader then wheat took control, and now time will come corn will become the leader.  

Anyway let’s talk about this week. This week planetary movements indicates sideways trend in gold and silver for the first one and half days. Any rise in gold and silver should be taken as a selling or shorting opportunity because from late Wednesday as metals will start trading weakly until Friday. This indicates that gold will hit new multi-month lows during this week. Silver will follow gold this week so we won’t see much strength in silver either.  

Trading range for gold will be $1,186 to $1,145. If its breaks $1,155 then next target is $1,133. Silver’s range will be $18.18 to $16.92.  

HUI gold bug index will break to a lower level so we are not recommending any buying in metal stocks  at this point. Don’t hold precious metals stocks and don’t buy these stocks for the next one month as a great buying opportunity will be coming in another month.  

BASE METALS

Last week base metals traded positively as we predicted. This week we see…

 

COFFEE/COTTON

Last week coffee prices made new highs and we are still bullish on coffee. We are very close to our target of $210, which we predicted seven weeks back when coffee prices were $133. Current week is not that favorable for coffee from Wednesday so book partial profit in coffee but part of positions you should hold for a longer term horizon.  

Cotton prices fluctuated widely. This week we see cotton prices coming down from Tuesday so one can take a small short position in cotton. We see next two months bearish for cotton.  

SUGAR/COCOA/LUMBER/COCOA

Last week all these soft commodities traded sideways except sugar. Sugar prices moved up sharply after making low of $13.80. Buying recommendation at $13.80 paid handsome gain to our members but we never saw this high in such a short period. I highly recommend not buy sugar at current prices because prices of sugar can fall from $19.78 to $15.78 in a short period of time.  

Lumber prices will remain sideways but at lower side one can start accumulating lumber because from the end of August lumber prices will move up more than 30%.  

Avoid orange juice and cocoa at this stage. I don’t see any excitement in both these soft commodities.  

STOCK MARKET

This week stock markets will remain sideways or trend will be somewhat direction less. Yes we are expecting sideways or a bit weaker trend in stock markets for the next 45 days. In these next forty five days you should make your short, medium and longer term trade planning. All major markets will enter into a historic bull phase, which will last for the next three years.  

This week Monday will be selling time in market ….

Current time is to park your cash on the side for better opportunities ahead. Alternative energy stocks are giving positive momentum after European issues cool down. Investors thought that Europe will cut spending in alternative energy area substantially but we don’t see that happening and even if they do I see this sector growing multifold in coming time.  

In 1996/97, day and night I was thinking on technology stocks and its coming boom. In 2001 I was not able to sleep properly either because I was getting very excited with my vision in gold, oil and mining booms. Now I am not able to sleep or eat properly because my heart, soul and mind is totally surrounded by alternative energy. Please change your portfolio from here on and keep adding uranium, solar, wind, battery, hybrid, fuel cell and power component stocks because they will move up in 10 to 100 folds in the coming bubble time. We have very little time left so please get ready on your seat for this most unique ride. Our fund “Five Elements” is set up to capture the full potential of this coming trend so let us know if you are interested in investing in the fund.   

Note - Before the end of August all major market will fall more than ten percent in a weak trend and then next bull journey will start so get ready to take advantage of this fall……

GRAINS

Last week grains traded positively. This week grains will remain….

OIL

Price of oil has been rising. We have been predicting that oil is heading toward $55 after….

CURRENCIES

Last week there was huge volatility in currency markets. Each and every currency was beating over dollar. It has been a nightmare for dollar buyer….

Thanks & God Bless

Mahendra Sharma