Today's Trade & News

Dear members,

I have been receiving tons of emails and each one is pointing towards the
current volatility in the market. There seems to be a consensus that the
situation is unprecedented for commodities, currencies as well as the stock
market. To me it is as though money has lost all value as one could lose
entire life savings in a matter of hours. Despite the situation, one can
still make a fortune if you trade with high leverage. Meanwhile, there are
many traders who still trade with methods and patterns that worked five
years ago, but it is time to change. One is bound to lose if you stick to
the same old pattern and trade with the previous contracts. As a matter of
fact, we could lose everything if trade goes against us for just a few days.
Consequently, leverage is very important in the current market scenario and
each trader should therefore trade with 90 percent less quantity than they
did a few years ago.

The high speculation by the big boys and hedge funds has made many investors
(even seasoned investors) to lose money at one point. We should therefore be
very careful and book losses very quickly if trade goes against us for the
short or medium term. In older days, the stop loss strategy used to work
quite well but volatility is now killing it. Though the long term picture is
definitely upbeat, I don't know how you will handle the volatility for the
short term. This is why I have been recommending trading with low leverage
for the last one year. In any case if you are making money, then there has
to be a point where you get out. For instance at this point, I wouldn't buy
oil, metals and grains sector because they are trading in a very risky
astrological zone. They could move up in volatility for the short term, but
I wouldn't put in my hard earned money to make another 30 to 50 dollars.

I leave all the decisions to you, but the commodity markets will top out and
crash in the short term, and many people will lose everything in the
process. I bought physical gold when I predicted a bull market for gold in
2001, and I actually still have it. In that period I bought long term
options and I decided to book profit in 2005 when gold was trading higher -
as that was the appropriate time otherwise there is an endless wait for 1000
or 2000 dollars that6 may never come. Each trader must therefore realize
that there is always a point where one should book profit and watch the
market rather than wait.

I have been absolutely wrong on my currency predictions but one thing I know
is that my members and I will make enormous amounts of money from these
currencies. This may be hard to believe, but we shall make more than what
people have made in metals, oil and the stock market. Though I know that the
dollar is losing value everyday; and despite the fact that I shall lose many
of my members if currencies keep moving up for another month, I still chose
to hold the hand of astrology with 100 percent trust and faith. My
predictions of the dollar's rise will definitely soon be fulfilled and other
currencies will fall more than 50 percent. Just watch this prediction. Don't
trade aggressively; but start building up your position once you see
momentum gathering. At this stage if you have a position to take 100
contracts, just trade with 1 or 2.

My focus is on currencies and I am just watching other markets like oil,
metals and the stock market because I still believe that currencies will
make a 100 times what you have lost in recent months following my advice. At
this stage I can only do one thing, and that is to give a deadline to the
end of the dollar's fall and that will be till the 19 of November. I could
have been wrong about the dollar, but no power on earth can pull it down
after that day. As a matter of fact the dollar could turn around from late
Monday and will trade very stable. After Fed meeting dollar will show
positive sign but in worst case the 19 will be the final day for its turn
around. If that fails to happen, then one can say that astrology and
planetary movements are fake.

I would like to stop here and just write about the weekly trend.

This week newsletter 29 Oct to 2 November

GOLD & SILVER

This week gold and silver will fall from midday on Monday New York trading
session, and this fall will continue on Thursday. 

On Friday silver & Gold will make a nice
gain and short term traders should therefore trade accordingly. Last week
the weekly trend was quite accurate and short term traders or day traders
can trade accordingly. We rectified in update on Wednesday rise and Thursday's fall. 

PLATINUM, COPPER, PALLADIUM, ZINC & NICKEL

These metals are trading in high risk zone and have already entered into a
bear market for the medium as well as the longer term. Indeed, a 40 percent
decline cannot be ruled out from current prices. These metals will trade
negatively from Monday to Thursday and rise on Friday.

STOCK MARKET