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This week letter again here: Enjoy trading with wave of nature, My followers faith in my work is paying them big..

Date: 9, December, 2007

Astro-wave Financial Newsletter for 3 to 7 December

By Mahendra Sharma

 

 

 

Dear Members,

Directional changes in the movement of Jupiter will be taking place during this week and they may give a little support to oil and the grains market but metal markets will remain directionless. There is also a very important day for the investment community this week because FED is going to make the decision on the interest rate and the language of FED will give us some kind of clue to the market players on ongoing economic scenario and credit crunch. Globally the economic growth is going well except for the housing problem. This problem is going to remain here for a few years so do not expect housing crisis or credit crunch crisis to end, they are going to walk parallel with the story of global growth.

 

As we can see, overall there are not any major problems in the world except the economic problem in Europe, the meltdown of the European currencies will be the only negative part in the future coming time otherwise the rest of the world will be booming and US dollar will take full advantage of this boom.

 

Since the last few months we have been talking about the movement pattern of commodity prices and stocks too are trading into a completely new pattern, where nor the seller or the buyer will gain The only people that will gain are the quick traders. Only a few areas of the market will be moving one side. This new trading pattern is going to remain in the market for at least for two years until another new trading pattern is born. We are in the second week of December and I will recommend that you take it easy because this is the time to enjoy with family and beloveds. Any big positions should be avoided and hold cash because this may provide you with a better opportunity in the first week of January. As usual, just like every year I will write the yearly outlook in the first week of January.

 

Let’s see what this week indicates for the most unpredictable world financial market.

 

Financial newsletter from 10 to 14 of December:

 

GOLD & SILVER

On Monday and Tuesday gold will remain sideways but any weak trend during both these days should be taken as a buying opportunity, and if gold moves down to $785, then one should buy gold. $808 is a very important astrological resistance point and to break this point will be a tough task for gold. Silver will move along with gold, so on Monday and Tuesday buy gold and silver if they fall because during the closing they should rise. I will send updates.

 

From mid day Wednesday, Thursday and Friday should be taken as a selling opportunity for gold and silver. During this week this gold stocks will move down sharply.

 

PLATINUM, PALLADIUM, COPPER, ZINC & NICKEL

All these metals will remain sideways but platinum prices are very near to a major correction so buy puts and sell calls and these should provide you with benefit in the next five weeks. Copper prices will try to move up on Monday and Tuesday but then it will move down from Wednesday onwards. Zinc and nickel will trade in a narrow range so avoid trading in both these base metals.

 

COFFEE & COTTON

Both these soft commodities are trading in a very tight range and I see a bull market to remain intact in coffee and cotton so hold your position. For those who do not have both these commodities in their portfolio then they should add them. The trading range for coffee will be $128.10 to $133.80.

 

SUGAR, LUMBER & ORANGE JUICE

Orange juice and lumber should be avoided for new trading in the month of December but definitely sugar will be added in our portfolio so buy sugar this week and hold it, do not sell it. In the last few weeks we have been recommending buying sugar and yes, sugar has been trading very positively.

 

STOCK MARKET

There will be a sharp rise as well as sharp fall in banking and financial stocks so watch these stocks closely during this week and take an advantage of both the trends. This week’s volatility will be one that the investors won’t be able to forget for a long time. The current movement of Jupiter is indicating that one should take a buying opportunity in financial or the banking stocks if they fall between Monday and Wednesday because from the third week of December they will have a major bull market.

 

There will be a correction in stock market on Wednesday till the mid day of Thursday meaning that you should sell your stocks on Tuesday and buy them back during mid-day of Thursday. Friday there will be positive trend.

 

International markets and European markets will remain weak during this week so each rise should be taken as a selling opportunity in these markets; I also recommend that one should get out from hot rising stocks. There will be a sharp correction in the Indian stock markets, Korean markets, Australian markets and the Russian markets so I highly recommend the investors to book the profit in these markets and hold the cash.

 

 

OIL

During this week oil will trade stable from Wednesday so one can cover the short position early on Wednesday. Monday and Tuesday we may see a sharp rise and a sharp fall so take a selling opportunity on the rising trend. Natural gas, heating oil and RB gas will trade sideways so keep your focus on oil. I do not see a major trend on ether side in the month of December so just trade in the trading pattern within 5% of current price. In the month of December oil will trade between the price ranges of $85.10 to $95.

 

GRAINS

During last week the grains prices moved up and we recommended taking option positions by buying puts and selling calls. This week I see a sharp correction in grains from Thursday so build up short position by Wednesday and hold your shorts.

 

CURRENCIES

Many of my members have sent me emails on my outlook about US dollar prediction and they are also thanking me for making them aware about the new rising trend of dollar. I will be a very happy person if any of my members are making money on my recommendation because many have gone through a tough period on my recommendation of dollar rise. I am happy to see that dollar is giving the strong sign of recovery since the last three weeks. I do not want to get over excited on the recent turn around of dollar because it is a long journey of rising trend and we want to be part of this journey.

 

During this week dollar will move up very strongly from Wednesday or even the last hour of Tuesday so I recommend buying US dollar. Do not hold any position in any other currencies at this stage because dollar is entering into the most unique era. Any rising trend in Euro and British pound should be taken as a selling opportunity from Monday through Wednesday. Commodity currencies will remain sideways, but of course they are in a weaker trend and they will remain in the weaker trend. My first immediate target for dollar index is $78.80.

 

ALTERNATIVE ENERGY

It looks like once again my dream is coming true, like what I did in technology from 1996 to early 2000 and I have been recommending all of my members very strongly to buy the alternative energy stocks. I have been talking to many companies and trying to understand more about them. Out of those companies I try to pick out the best one and recommend you to buy it. Many of my members have done wonders in last one year as growth in this area will multiply in multi folds each year. In this area there are many small companies and in fact their stock prices values are in cents because this area has been ignored by fund managers as well as economic policies.

The recent noise of global warming and the uncertainty of oil supply and economic growth is putting tremendous pressure on policy makers, governments and the industry to give an alternative source of energy to run the world smoothly without the pressure of the supply of oil. We do not want to be in the situation where tomorrow if Iran of Saudi Arabia say something, it puts the whole world’s economy system into disaster so it is better to finance the sources of alternative energy.

 

I have been supporting this sector for the last 16 months, and I am trying to bring awareness into the mind of as many people as I can because this is not only to make money in the hot rising stocks of alternative energy, but it is bringing this new energy sources into our daily life and making these sources permanent in our life. Astrologically I see that this will happen and that is why I have been recommending people to sell metals and oil stocks and buy these companies, because rising metal prices may not help a common man, but if cheaper alternative energy sources come into our life, it will not only help us, it will also help our beautiful planet, so we are not making our life better, but we are also thinking about future generations that are still to come.

 

On 8 of November we pointed out how much you could have made in alternative energy stocks if you would have bought early this year on my recommendation. Last column is current price and we can see that front run stocks and mid-cap solar stocks are doing great and they should perform well in coming days as well. In these stocks, I haven’t included WFR, KYO, YGE and LDK. Two week back we recommended small stocks like ENEI, EEEI, DESC and TSSP, they are doing good as these are genuine companies. European solar stocks haven’t performed well because export is losing money for these countries and importing from China or USA is benefiting as currency is playing the key role here. We won’t ignore European and Asia player in this sector, so 2008 we shall be accumulating stocks from these countries. I will forward you key companies from India, Europe, China and Japan.

 

 

2007 Recommendation of Alternative energy stocks 

STOCK LIST

REC PRICE

   PRICE on 8 November 2007

GAINS/LOSS

 Price on

8 Dec 07

FSLR

29.00

145.00

336.00%

235.00

TSL

19.00

61.00

221.00%

49.20

GBT

0.40

6.80

1600.00%

4.61

AKNS

2.50

7.40

196.00%

6.20

STP

33.00

56.00

69.00%

80.75

SPWR

38.00

124.00

226.00%

134.00

HOKU

2.70

8.50

214.00%

11.10

SPIR

8.30

17.20

107.00%

21.72

DSTI

2.50

4.80

92.00%

4.32

WWAT

0.45

2.25

400.00%

1.80

ENEI

0.21

0.51

142.00%

0.68

SLRE

0.42

0.22

-47.06%

0.22

JASO

18.00

56.00

210.00%

63.60

SOLF

10.00

13.50

35.00%

26.8

CSIQ

9.00

12.50

38.00%

22.00

ASYS

7.10

17.10

148.00%

14.88

EMKR

4.00

10.00

150.00%

9.57

ZOLT

20.00

40.00

100.00%

44.63

 

I am ending this newsletter with this note and once again I would like to put a humble request that please do not forward the newsletter to people who are not paying and support my work by introducing new members to me.

 

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Thanks & God Bless

Mahendra Sharma, 9 December - East

www.mahendraprophecy.com