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Dear Members,
Trade carefully in currencies and watch your position in commodities. Nothing in this world goes one way and at this stage I am too much concern for oil, metals, grain and currencies. My call is they can move up and down till 19 November but after 19 November only none stop fall is indicating
 
Side metals are falling as predicted, we sold today Canadian and Australian dollar and bought Dollar. Metals and energy we will trade carefully and quick trade till 19 November but then after we will be on one side.
 
Alternative energy stocks are doing great. We own all major big name in this sector and I found few small stocks for you like GRSR, ESRG, TSSP, EPOI, DESC, LTHU, SESI, SOEN, prices are in cents but they can turn in to big bucks in next year.
 
Thanks & God Bless
Sharma Mahendra, 7 Nov, 9.00 AM
 

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Dear Members,

Today I thought about the recent rise in oil prices and its potential impact on the world economy as I took my morning tea. I thought of the traffic on US highway 101, the traffic situation in India and China as well as the growing number of cars and the importance of road transport. It is quite clear to me that we are in a risky situation and the rising oil prices could have a profound impact on the world economy. Interestingly, it seems that most people are resigned to the situation and have accepted to quietly pay the high gas prices without much fuss.

 

The rise of gold and silver does not have major impact on a large section of the population, but an increase in oil has direct impact on the daily life of an average person. I am not an economist to try and describe the negative impact of rising oil prices, but I am sure that you all understand it quite well – my job is to predict the future trend. The current speculation in commodity prices will soon end and somebody now taking a 3 months short position from metals, oils and grains will be surely benefit after 19th of November.

 

WEEKLY PREDICTIONS FOR 5 TO 9 NOVEMBER

 

GOLD / SILVER

There will be a sharp correction on Monday for gold and silver prices in New York trading session, and correction will come on Wednesday.

 

Metals will rise on Thursday and Friday and therefore one can buy on Thursday’s but remember keep booking profit on rise. This trend applies for both gold and silver.

 

PLATINUM / PALLADIUM / COPPER / ZINC

These base or side metals will remain weak during this week except on Wednesday, therefore trade accordingly. Furthermore, copper and platinum are poised to fall more than 30% in the next three months.

 

COFFEE / COTTON

We expected coffee prices to come down to $118.50 and they are currently there. I recommend that members buy coffee on Tuesday as a sharp rise in prices is on the way this week as well as next week.

 

On the other hand, cotton prices will remain weak this week and I expect a sideways trend in the next two weeks, therefore trade accordingly.

 

SUGAR & LUMBER & ORANGE JUICE

This week lumber prices will rise more than three percent but will be unable to go up after that. Short term traders who buy on Monday should therefore book profit immediately once there is a three percent rise.

 

Prices of orange juice will have another sharp correction so avoid trading it. On the other hand, one can buy sugar as it will sharply move up on Monday, Thursday and Friday.

 

STOCK MARKET

This week stock prices will remain stable in all markets. However, I expect a sharp correction from next week, therefore be prepared to take position in that direction.

 

All markets will open positively on Monday, but they will decline during the middle of the session and eventually close positively. On Tuesday all the markets will open stable and actually move higher.

 

All markets will trade in a very narrow range on Wednesday and Thursday and I therefore recommend that you sell your holding position during these two days.

 

On Friday the all major markets will correct sharply. Those taking a short position in the market on Thursday’s last hour or on Friday’s first hour can carry forward the short position into next week as I expect a sharp correction of around five to seven percent in the Asian and European markets. In addition, there will be a correction in the USA market.

 

TREASURY BOND

After some months, today I have decided to write about bonds. I see a sharp correction in 30 year bond prices and many people could land into problems as a result of crashing bond prices. I also see some negative news in connection with bonds or a banking institution. It is therefore quite risky to hold a bond position in your portfolio for the next two months.

 

GRAINS

For the last few weeks I have been recommending buying put options or selling calls in grains. Those who have done that can hold position as a negative mercury will damage the grains’ trend and they could fall for a few days limit down. Bean oil, bean and wheat are trading in a highly risky zone and the future markets are very volatile. One should therefore take options positions and they will prove very fruitful in the next three weeks. Corn prices will trade in a stable trend; therefore one can hedge the position by selling soy products and buying corn.

 

OIL

Everyday one learns in the area in which they work, and I am also learning new things in astrology each day as new planetary combinations that never occurred before taking place. The current bull market for oil could last till the 19th of November. If oil prices rise in December, then I will change my prediction to between $150 and $180 in the next two years. We therefore hope and pray that oil will decline in December, and this will confirm the top for the oil market.

 

Those taking a short position on Monday should cover the short position by Thursday morning as there will be an artificial upwards trend on Thursday and Friday but keep booking profit on rise.

 

Oil could fall more than five percent, and this will therefore be a quick trade and get out by Thursday. On the lower side oil could reach $91.20. RB gas, heating oil and natural gas will fall with oil, but they will also rise on Friday.

 

 CURRENCIES

Once again I don’t want to write much in regard to this area, but all currencies are trading in a highly risky zone. A fall in all currencies could bring disaster to the forex market; and banks, financial institutions and hedge funds could go under. The current speculation could hold till 19th of November on the maximum, but there will be a blood bath in the currency market after that. The fall will be so severe for all the currencies that 95% buyers will be trapped in it. One should therefore hold the short position for the next two years once this fall commences. One must then ignore the usual daily ups and downs and this will give you enormous returns. It is the same way that I advised on metals and oil at the end of 2000 and in early 2001 and the metal and oil markets remained depressed for one year before a small momentum began at the end of 2001 and early 2002.   

 

Buy the dollar and the Japanese yen against all other currencies.

 

ALTERNATIVE ENERGY

I have been writing on alternative energy for the last 18 months but in last six months I have been devoting more attention to this area. This is because my astrological outlook encourages me to look at it more closely. In recent months I have quietly attended several conferences without revealing my identity and the future that I see for the energy sector is that alternative energy will replace oil. The stocks that I have been recommending have gone crazy and I believe that they are still at the initial stages. I see new Google’s and Microsoft’s being born in this sector, therefore watch closely. If there are promising companies that you like in the USA or internationally, please share with me so that I can also share with my other members.   

 

Futures markets especially commodities and currencies are very volatile and we all know the risks involved when we trade in them. Investing in the stocks or ETF will not make your account balance zero if you put your investment in the right place at the right time. Most of my members and close associates invested in technology in 1996 and in metals and energy in 2001 and the same people have been buying on my recommendation for the last year.

 

Early this year and last year, I recommended alternative energy stocks and they given us more than 100% return and still I am expecting getting returns from these companies for the next three years, these stocks are: FSLR, TSL, STP, SPWR, JASO, KYO, ASTI, SPIR, ABAT, CSUN, ENEI, DSTI, SOLF, AKNS, CSIQ, WWAT, EPOI, SESI, DLSL, BLDP, ESLR, UGTH, NGLPF, ASYS, EMKR.

 

A few companies that haven’t moved include QTWW, MKTY, HYGS, ENER and XSNX. Others that have great potential though they are very cheap stocks are ESRG, LTHU, TSSP, EEEI, SLRE, DESC, CPST and this does not however mean that you ignore them.   

 

 

2007 Recommendation of Alternative energy stocks 

STOCK LIST

REC PRICE

CURRENT PRICE

GAINS/LOSS

FSLR

29.00

145.00

336.00%

TSL

19.00

61.00

221.00%

ABAT(GBT)

0.40

6.80

1600.00%

AKNS

2.50

7.40

196.00%

STP

33.00

56.00

69.00%

SPWR

38.00

124.00

226.00%

HOKU

2.70

8.50

214.00%

SPIR

8.30

17.20

107.00%

DSTI

2.50

4.80

92.00%

WWAT

0.45

2.25

400.00%

ENEI

0.21

0.51

142.00%

SLRE

0.42

0.22

-47.06%

JASO

18.00

56.00

210.00%

SOLF

10.00

13.50

35.00%

CSIQ

9.00

12.50

38.00%

ASYS

7.10

17.10

148.00%

EMKR

4.00

10.00

150.00%

ZOLT

20.00

40.00

100.00%

 

The world doesn’t have much choice other than adopt alternative energy sources in daily life in areas like transportation, power and household use. I have been very bullish on solar, battery, fuel cell, ethanol, bio-fuel and uranium and I now have more reasons to stick with my prediction. In conclusion, I support alternative energy stocks because they will give a safe and sure source of energy to future generations.   

 

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Thanks & God Bless

Sharma Mahendra, 4th November 2007

www.mahendraprophecy.com