SHORT-TERM TRADES FOR THIS WEEK:

1. Buy the dollar index on weakness on Monday as well as Tuesday and sell on Friday.

2. Buy metals on Monday evening and sell on Wednesday morning; buy short position again on Friday.

3. Buy crude on Monday evening and sell it back on Wednesday.

4. Buy Soybean/meal on Monday and keep buying it. Thursday will have a weak trend in grains so sell on rising on Wednesday or Thursday but buy back on Friday.

5. Accumulate coffee.

6. Sell side currencies on Monday and sell all major front line currencies on Tuesday and hold the position. Buy back on Friday.



MEDIUM TERM POSITION (SIX MONTHS)

1. BUY DOLLAR IND***

****

6. BUY JAPANESE YEN AGAINST FRANC, POUND AND EURO



LONGER TERM

1. BUY DOLLAR INDEX AND YEN

2. C***

**

TRADING RANGE SO TRADE WITH WAVE:

I AM NOT INCLUDING OIL AND METALS IN MY MEDIUM AND LONGER TERM VIEW AS THEY ARE IN AN UNCERTAIN ASTROLOGICAL TIME FRAME. FOR THE SHORT-TERM, OIL SEEMS TO BE ADOPTING A WEAK TREND AND I WILL RECOMMEND BUYING FOR THE LONG-TERM ONCE THAT IS OVER. HOWEVER, SHALL HAVE TO WAIT FOR SOMETIME AS IT COULD EITHER BE FROM SEPTEMBER OR NOVEMBER, OR MARCH 2007.

MY NEWSLETTER AND DAILY UPDATES WILL GUIDE YOU ON THE SHORT-TERM TRENDS IN PRICE MOVEMENTS OF BOTH COMMODITIES.

I WISH YOU GOOD LUCK.

THANKS & GOD BLESS

SHARMA MAHENDRA

mahendraprophecy

TCG