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Today's Trade & News

YOU WILL GET MANY ANSWER HERE FROM MY LAST WEEK NEWSLETTER..

Dear friends,

I am puting here part of my last week newsletter. I am sure you will get many answer from it with your related area.

 

FINANCIAL MARKET PREDICTIONS FROM 14 MARCH TO 18 MARCH 2005

 

GOLD

For the last two weeks my advice in regard to gold has been to wait and watch even though the period turned positive for gold. At the same time, the dollar period has also been turning very positive. Thursday of this week will have the decisive factor and we shall then have a clear answer whether to buy or not. If I was in your position, I wouldnít buy even if all indications and news are supportive of gold and even if it moves up. There, I believe youíve got my answer.

 

I am waiting for the big fight that will occur between gold and the dollar.

 

CONFLICT IN ME - If I had not seen the rise of the USD, then I would have recommended buying gold and silver two week's back or even tomorrow at $445 and $7.50. However, nature is not allowing me to do that. I even know that gold will eventually win this fight but I would still like to wait a little more for few weeks before you commit your hard earned money in it.

 

SILVER

It is my favourite for 2005 and 2006 but I advise you to wait before you build up any major position. I know that many who bought at $6.50 and sold on my recommendation at around $7.35, should avaoid any trading in metals. This time I won't mind advising you to buy even at $7.00, $8.00 or $9.00 if the short term future trend is 100% crystal clear (current period is unclear or negative). Those who feel that they must own and are not worried about any short term uncertainty should buy call options at this stage because it will lock the risk factor.

 

The same for metal stocks - Just wait and watch, donít buy.

 

Short term outlook for metals (GOLD/SILVER)- Sideways, uncertain or down. Thursday will be the decisive day.

 

Long term (one to three years) - Silver and gold will be up.   

 

PALLADIUM/COPPER/PLATINUM

No new buying is recommended in copper and I want to see Tuesday's movement of copper. If it performs weakly on Tuesday, then get out from all your buying positions immediately because it could fall quite fast.

 

Last week I recommended booking profit at $215 for palladium and it is now trading around $201. Any downfall will bring a good buying opportunity.

 

Any rise in platinum should be taken as a selling opportunity.

  

OIL

Last week oil was very volatile and as predicted we saw a weak trend on Thursday. That gave confirmation that oil will soon fall. A very important level is $55.80 and if it breaks it, then it looks very scary for the short term but once it fall below this level than sell or go short.

 

Oil may have supportive news from the middle-east or Nigeria as I see some violence taking place which could force prices to move up. You should take that as a selling opportunity. 

 

Overall outlook Ė it will first go to $42 then $80.

 

STOCK MARKET

Last week we noticed weakness in the market and it is still hanging around 10800. The downfall of oil may result to some short term artificial support to the market but you should take the rising as a selling opportunity.

 

Long term outlook - In the long-term I see it reaching 5000 or below. Buy put in Dow for the next six months to year period.

 

CURRENCIES

In mid December I saw a short term rising of the dollar and predicted the gaining of the dollar Index from 81.00 to 85 by the end of January. Three years before, predicted about the Euro (when it was 0.83 and predicted itís reaching 1.36) and it was fulfilled in December. Now, I see a short term up move for the USD. Since last week, there has been a positive time for the USD and this wave will remain in for another few days.  

 

I see a major economic problem for Europe and I therefore I won't recommend buying the Euro or Pound now, short them. 

 

Short term - I donít recommend any short selling in the USD at this stage, buy USD.  

 

ONCE AGAIN - Wait for my final answer on future moves of currencies by Friday.

 

COFFEE

Book profit in coffee and wait for my next call. Thursday and Friday can be very volatile and coffee may fall quite fast (artificially). Donít buy Wait for my buying call.

 

TREASURY BOND

Last week Treasury bond remained weak as predicted. A great buying opportunity will come soon.

 

COTTON

This week, buyers should book profit by middle of week and get out from cotton because I see a small down ward trend starting any time from or after Wednesday for a week.

 

GRAINS

I hope you booked profit last week. I donít recommend any buying or holding of grains during this week so keep selling holding position on rising or go short. But we still have to watch very closely. I will send out an alert if need be.

 

Faith and request - I am sure that after my request you have not been forwarding my newsletter to other people. This newsletter is only for you and let them subscribe their own. The daily cost of my newsletter is $3 and I am sure if any one is trading in financial market can afford this price.

 

THIS MONTH I HAVE NOT WRITTEN THE MONTHLY NEWSLETTER BECAUSE THERE ARE A FEW THINGS AND IMPORTANT CHANGES ARE TAKING PLACE IN PLANETARY MOVEMENT SO THAT I WOULD LIKE TO SEE IN THE NEXT FEW DAYS. THE FUTURE TRENDS OF ALL COMMODITIES, CURRENCIES AND MARKETS FOR THE NEXT EIGHT MONTHS IS DEPENDENT ON THE FOLLOWING TEN DAYS SO I WILL WATCH EACH EVENT VERY CAREFULLY BEFORE I RECOMMEND YOU TO PUT YOUR OR YOUR CLIENT HARD EARN MONEY. FROM APRIL YOU SHALL BE RECEIVING THE MONTHLY NEWSLETTER ON EVERY FIRST MONDAY FOR FREE.

 

My members are from:

21% metal traders

26% currencies traders

18% oil trader

14% grains traders

6% coffee traders

1% stock market and all other

14% mix

 

Thanks & God Bless

Mahendra 12 March, 11:21

www.mahendraprophecy.com