Friday, 20 February 2009
Dear Friends,
Here is Fridays update.
Dear Members,
Read this update and do meditate on it.
What a great life time opportunity to buy Dow because it is trading as huge discount at 7250. Most of good companies are trading at huge discounted prices or I can say at free. My final word - buy Dow fearlessly, buy call options of 8000, 9000 and 10000 of Sep, Dec 2009.
Great opportunity to sell metals without fear, gold is at $996,8 silver at $14.49. We are expecting 50% fall in prices. Metals are killing its own destiny like oil. From Monday we are expecting huge fall in gold and silver. It is just false trend or forcing to cover short and smart trading can be build here to make fortune like oil.
Grains and soft commodities are trading weak as predicted, hold your short position as more fall is on the way.
During this week US Dollar traded as predicted. At this stage US Dollar is fighting against all currencies, we are writing some thing very important in the next week's newsletter about dollar so wait for our weekly newsletter on Sunday.
Treasury bonds are trading as predicted and we see new lows for 2009 from next week.
Oil is looking for bottomand, and first time after one year we may issue buying call on oil so wait for our newsletter. Small position can be taken at currrent price $37.80.
Thanks & God BLESS
MAHENDRA SHARMA, Friday 7.00am Santa Barbara, 8.30pm Mumbai