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Today's Trade & News

Stock market, bond and metals, Newsletter price increase is coming soon..

Dear Members,

With the passing of each day, we are gradually entering deeper into a unique and mysterious cube where it is increasingly difficult to predict the future trends of the world financial markets. We are on a path in which logical study of the economic outlook, trade deficits and current geo-political or world economic news will fail to yield clear indications of what to expect in the future. This difficulty is quite apparent and it explains why hedge funds and many smart traders are making mistakes everyday. This is resulting in loses for many, with money moving away from intelligent investors and smart traders into the hands of a few lucky people that are trading in accordance to the current wave.

 

The fact is that everyone invests as per his or her own style, with a lot of people abiding by a particular theory or guided by their own vision of the future. Indeed, I am also of that approach, though having kept an unshakable faith in my theory. However, it is true that astrological theory does not inspire great respect in today’s modern world and especially the world financial market. To date, I am yet to get an answer as to why people in the financial market do not believe in nature’s wave. Why is it that they place so much faith in technical charts, economic data or CEO as opposed to this subject that goes back thousands of years? It is like having the most precious jewel neglected somewhere in a corner while everyone fawns over artificial jewellery! It is saddening to me that inordinate attention should be directed elsewhere while the real key to unravelling the future is ignored. Well, the answer that explains this is that “we are in a modern artificial world”.

 

The other problem is that people always suppose that whatever they think is the right thing and that it should invariably be proved to be correct. They therefore rather naively expect everything to unravel as per their own expectations. My own opinion is that this is not the right way of thinking. It is like someone who buys any stocks/gold/oil or any with the desire or expectation that it should move up. S/he then watches the screen for the entire day though he very well knows that price movement is not in his hands. Eventually when he gets disappointed, he becomes upset and starts blaming himself or even others sometimes. This happens due to too much desire to make money without considering nature and the timing factor.

 

Today many intelligent investor's, bankers and fund managers are following my work with keen interest, with some writing that they now understand nature’s wave but only few do not mind openly acknowledging that they follow my predictions. Needless to say, though it is very small way but still I am very happy for this unique science or nature wave as it is finally getting the respect and appreciation that it deserves.

 

I neither hate nor favour gold or the dollar; I have been writing and will continue to write what I see. In regard to my stand on gold and the dollar, only Bill Murphy and a few others understood me. Even though my outlook for gold has been negative, Bill Murphy added my comments on Lemetro. That is how Bill is; though he is fighting his own battles but same time he also wants to hear all kinds of noises at the same time.

 

Some of my members want me to always write something small before I start my newsletter or weekly predictions. They say that there are times when my commentary gives them insights about a new path that may already have been in their lives, but which they had previously ignored.

 

Let see what this week says:

 

PREDICTION FROM 16 MAY TO 20 MAY 2005

 

GOLD

Last week gold prices touched both predicted prices of “$428.50 and $418.5” and remain low side. At the same time, the dollar is moving higher and higher as predicted. Gold is fighting valiantly but it has not been able to win because out of ten power points, it only carries three. This is why I have not recommended any great rise during the current period as well as for the last five months. In 2001 when I first strongly recommended buying gold, it was carrying only -1 point but I saw a rising up to point seven out of ten in the seven year (2001 to 2007).

 

Last December it reached four points while now it is on three. Any time during the third or fourth quarter of 2005, gold should reach around two points and mind boggling seven points by 2007. This clearly shows that there will be a great rise in 2006 and 2007.

 

Therefore, my clear and blunt advice is that you should not expect too much from gold in 2005. However, one should take advantage of the short term rising cycles and stay away when time is uncertain. This should be your planning for gold.

 

During this week GOLD will have a positive move. Buy for a short period therefore and get out at around $425.70. 

 

SELL METALS ON RISING OR BY FRIDAY GET OUT FROM METAL POSITION. 

 

SILVER

The movement of silver prices will be completely independent. Please don’t compare it with gold or the dollar’s move. There will be a rise in Silver due to huge speculation that will take place in the next few years; it may rise a few folds. Silver will also rise this year and that time is soon coming. As soon as Mars gives the appropriate indication, I shall write to you. 

 

Silver will be stable during this week, though we may also experience a bit of volatility. The downside will be $6.75 while the upside will be around $7.14 once again.

 

Pending confirmation of a clear trend by Mars, you may receive an alert on this.

 

COPPER/PALLADIUM/PLATINUM

As predicted, there was a fall in copper last week. For the time being, you need not buy copper at any price. In 2002/3 when copper was trading around $65, I advised many of my clients to buy. Two months back I recommended selling or shorting when it reached $150. My advice is still to remain short.

 

This week Palladium will trade in a very narrow range but downside. Don’t buy platinum or just get out from platinum position.

      

OIL

The top and low price prediction in oil was accurate during the last week. It reached $52.8 and went down to $47.80. Many members sent messages of congratulation; they must have made good money. However, don’t forget to commit your profits to good causes.

 

During this week oil will remain in the range of $49.50 to 46.80. At rising, one should short. More interesting will be unleaded gas and heating oil because they will move down quite fast. Don’t buy both products at all.

 

Remain short in oil stocks or oil index.

 

STOCK MARKET

The stock market will attempt to find some direction during this week and will move higher. I expect some good news regarding the market (It could be the killing of an important militant, terrorist or economy).

 

Watch and wait for this week. One can cover short for a few days for soon I will advise to go short in the market again on Thursday or Friday.

 

Asian and European market will remain weak.

 

TREASURY BOND

Last week I forgot to write about the Treasury bond. I will make sure that this kind of mistake won’t happen again.

 

On Monday to Wednesday, the Treasury bond will remain positive and move down any time from Thursday. As you all you know, my long term outlook for the Treasury bond is not negative. One can therefore add on each position if its fall below from 112. 

 

COFFEE

All commodities had a negative period during the last week and the CRB index went down quite sharply. I was heavily short on the CRB index around $315 and earned good returns in the last 45 days.

 

During this week, coffee prices will remain stable. I’d like to watch till Wednesday then I shall give an alert concerning the future outlook of coffee on Wednesday.

 

COTTON

The call to sell cotton must have made good money for my cotton members. This week there won’t be clear movement. Please therefore don’t take any new positions in cotton.

 

SUGAR

During this week, sugar prices will move higher so don’t short it. One can take up a buying position in small quantities.

 

ORANGE JUICE

During this week orange Juice will remain directionless. At the same time I am expecting negative weather news so don’t short it.

 

GRAINS

Last week grain prices moved down sharply on positive agriculture data. Last week I recommended a little buying in grains and I advise the same for this week. Start accumulating and you must add a small position to your portfolio every week. Corn is my favourite, then wheat and soybean. At $200 corn is a great bargain buying. Soybean can fall up to $590.

 

CURRENCIES

Last week the dollar emerged the clear winner. Major currency traders have started giving serious thought to my currencies prediction as in the last four years have called both the top and bottom in all major currencies. I can only say that thanks go to this unique subject.

 

Any time from Wednesday or Thursday this week, a very strong rise will come again in the dollar index. We shall soon see the Euro, pound, Swiss franc and Australian dollar breaking all important technical supports.

 

A VERY SCARING WAVE LIKE TSUNAMI HAS ALREADY STARTED IN DOLLAR FOURTY DAYS BACK AND SOON WILL TAKE A BIGER SHAPE. YOU SHOULD THINK TWICE BEFORE YOU SHORT THE US DOLLAR. I HAVE BEEN WARNING YOU OF THIS FOR THE LAST FIVE MONTHS. AS A RESULT OF THIS, I DO NOT SEE A GREAT RISE IN METALS.

 

On Monday, the dollar will remain sideways or a little weak. However don’t make the mistake of shorting. My next target for the dollar index is 88.20 and $85.50 on the low side. Keep buying dollar index on weakness.

 

I would like to wish you good luck in your trading and thank you all for your love and appreciation. This has greatly motivated me to work hard to understand the relation of nature wave and most unpredictable world financial market.

 

NOTE – I previously said that I would increase my subscription fee in three stages. I implemented the first phase early this year and the second increment more the 40% will soon come in a few weeks. Those that wish to subscribe, renew or extend their subscriptions at the current rates can therefore send us an email.

 

Small favour – Please DO NOT forward my newsletter to other people as this may lead to a cancellation of your subscription. I would be very unhappy to do that and as I have said before, I rely on your support and understanding.

 

Thanks & God Bless

Mahendra 15 May 2005

www.mahendraprophecy.com