Today's Trade & News

Dear Members,

It is very sad to have to start the newsletter with bad news. Terrorists have struck India’s capital, Delhi where three near-simultaneous blasts have killed dozens of people and injured scores of others. As I have said many times, no cause can ever justify the killing of innocent people in a bid to gain attention and win recognition. Part of the reason that this is happening is the fact that the world has not been able to catch OSAMA BIN LADEN. How long will Americans and other nationals wait before they see justice for their beloved whose lives were lost or destroyed in the 11 September and other attacks? Why can’t we find and destroy TERRORIST NETWORK. Few known terrorist organisations are gradually but steadily gaining influence among similar nefarious groups and becoming mentors to others. The proliferation of these extremist groups is indeed a worrying trend that portends doom for peace and unity of the world.

We hope that the Laden story will soon be finished, but unfortunately we shall not see an end to conflict. This is because religious awareness is not growing. Instead of promoting peace, religion is now being used by extremists to propagate selfish motives through bloodshed. At the end of the day, religion is driving a wedge between human beings and driving them ever apart instead of bringing them closer. I hope to be able to do something to address this issue in the coming times.

I have travelled to many countries and my fair opinion is that the western world sees religion differently; there is no hatred or extremist philosophy like some other parts of the world. If the western world was also to go the extremist path, then it would be the end of the world as we know it. I was born a Hindu and I believe in nature, but I am also swollen with pride of the western world as I they never use religion name to killing others. They are not only advanced in technology and modernization, but they also lead in the religious aspect since they have not strayed onto the wrong path.

Please note that I am not talking about the political policies of the western world. As a matter of fact, many of their political decisions have been terrible blunders and have led to much suffering in the world. The attacking of Iraq is one such mistake. They should have dealt with Osama Bin Laden or Saddam Hussein but not killing innocent Iraqi’s; this is clearly a step in the wrong path. I know that a lot of people might differ with me on this issue, but this is what I think. As far as I am concerned, religion comes last. We should first have love and peace and avoid hurting others no matter what caste they belong to. Forgive me if you don’t agree, but I feel that we should view everyone with the same eye.

Let’s discuss the market because it is what you have subscribed for.

PREDICTIONS FOR THIS WEEK: 31 OCTOBER TO 4 NOVEMBER

AVOID TRADING - Monday to Friday does not have positive planetary movements and I therefore advise that you remain out of the market. No day trading is recommended as whenever there are negative combinations I try to finish my pending work.

TRADE CAREFULLY IN ALL METALS BECAUSE THE CURRENT TIME IS NOT VERY POSITIVE.

Important note: Once again, let me say that the current week is not a positive one according to planetary movements. You should therefore trade cautiously or even no need to trade markets, currencies and commodities. This is also a good time to conclude all pending work or accounts.

During this I am also expecting bad news for world financial market as well as related to all areas of it. I can hear the negative wave but unfortunately unable to see clearly, if get it; I will put it in alert.

PRAY FOR WORLD PEACE. WE MUST PRAY AND REQUEST TO NATURE TO REMAIN CLAM.

Thanks & God Bless

Mahendra