In 1996, Mahendra Sharma told his clients to buy stock in the technology sector.
He took his own advice, invested $16,000 and in a couple of years, that sum ballooned to $1.5 million.
Just before 2001 — in the nick of time — Sharma urged anyone interested in listening to withdraw those same investments: a crash was on the way, he recalled saying, and within months, the dot-com bubble burst.
Sharma, a part-time Santa Barbara resident, isn’t an inside trader or a renowned economist: he’s an astrologist.
But instead of reading people’s fortunes in a neon-lighted strip mall along Highway 1, Sharma has focused his predictions on the seesaw nature of the world’s financial markets.
He calls his predictions the “wave of nature,” and bases his hunches on everything from the value of gold, how the U.S. dollar will fair and what stocks will crash and when, solely on planetary movement.
While some may scoff at this technique, Sharma, known in some circles as the “Nostradamus of Wall Street,” claims to be 98 percent accurate.
And for anyone who’s come up on the short end of the stock market lately, some of Sharma’s 2009 predictions might be surprising.
He says the coming year, with President-elect Barack Obama at the country’s helm, will be prosperous.
The U.S. dollar will soar, while foreign currencies will tank, the embattled housing market will bottom out in May and slowly begin to climb, and the big money will be made in alternative energy stocks, he says.
“I’m so optimistic about the USA,” he said. “The great bubble is on the way. Everything is going down, people are having a tough time in the USA, but I have such confidence. This country has to rise above the things we see.”
Sharma, who said he started reading astrological charts at the age of nine for his blind grandfather, publishes an annual book called “World and Financial Prophecies.”
He also communicates his “prophecies” via a weekly newsletter, which he said costs $270 for a one-year subscription.
Sharma wouldn’t say exactly how many subscribers he has, only that it numbers in the hundreds. But he also said thousands of people visit his Web site for free updates on what’s hot, and what’s not.
And right now, Sharma says his funds are tied up in the U.S. dollar.
“One should tightly hold the hand of the USA dollar and you shall weather the storm,” a statement on Sharma’s Web site, HYPERLINK "http://www.mahendraprophecy.com" www.mahendraprophecy.com, says. “You risk being swept away if you hold a weak hand, but I am 100 percent sure that the USA and the USD will be the best refuge.”
Sharma said he foresees widespread losses in foreign currencies, particularly in the European Union, where he feels some sort of disagreement between nations will wreak havoc.
Among the more eye-popping predictions Sharma has recently called for is related to the embattled DOW Jones Industrial Average. In the next four to five years, Sharma said the DOW will jump to 32,000 – more than double its current record high. When the DOW closed last Tuesday, it sat at 8,468.
“Do not ask me why or how the DOW will reach 32,000 in coming time: we simply believe in the wave of nature and that it will propel the DOW towards that path,” he writes on his Web site.
Without going into too much detail, Sharma essentially said a soaring U.S. dollar, a housing market on the rebound and market collapses in other countries will leave investors with little choice but to invest in the U.S., which will fuel a furious era of prosperity.
“That is why I’m very optimistic about the great turnaround of this country,” he said.
Raised in India, Sharma said his grandfather and father were both astrologists. He bases the predictions on planetary movements, but he also uses the astrological charts of world leaders to predict the general climate in particular nations.
For instance, by using the birth date and time of birth for Obama, Sharma believes the first few months of the presidency will be uneventful, but by mid 2009, the economical situation will greatly improve in this country, in part because of what Sharma called Obama’s “destiny.”
Sharma’s predictions aren’t all related to financial markets. At some point in the coming year, he said the planets Mars and Saturn will turn opposite of each other – an occurrence he believes will trigger 80 percent of Earth’s volcanoes to erupt.
Sharma said he accurately predicted vast damage to the Gulf Coast prior to Hurricane Katrina, and also said in early 2001 there would be a large-scale terrorist attack on U.S. soil.
In the immediate future, Sharma said the planet Jupiter is indicating a sharp fall in the value of gold this coming week, while the U.S. dollar will continue to climb.
Sharma said the main reason he’s been successful in his predictions is his ability to remain impartial to the market, even in times of prosperity.
“I don’t love anything in this market, I don’t’ hate anything in this market,” he said.
After investing heavily in oil and energy for more than five years, Sharma said he pulled his money from this area in 2007, and has turned to alternative energy, which he feels will explode in value over the next decade.
But don’t take his word for it, nature says so, he insists.
“I’m just predicting what I see.”
Gurujis Prediction : 12/27/2008
"I don’t love anything in this market, I don’t’ hate anything in this market,” that's the word Guruji is always insisting on every financial market. I'm a great follower of Guruji, his words always guides me to overcome the difficulties in the commodities market.
He is great ! : 12/27/2008
I always follow his free updates with great enthusiasm ! Believe me...He is great..predicted oil fall from 147 accurately.I think he is the best.
ngchuanling@gmail.com
Mahendra... : 12/27/2008
The subscription price listed is for a month, not a year. The writing lately, IMHO, has been very inaccurate (one of my main gripes is his style is the difficulty in grasping the correct short, medium and long term predictions) and has caused me immense distress. On paper, I'm down years in subscription price. I have been following his website for a long time, and am very near ready to abandon ship, but not yet... He says the USD will be/is THE safe haven and that gold and miners are NOT a safe haven any more. As the gold miners explode upward, and the dollar languishes, I wait while being way underwater my USD investment. Mahendra will make you believe in him, but do not try to pinpoint any time frame for results. We'll see, and I sure hope and pray it is soon, and that he is right. I say, good luck to all and much peace. And if you go for Mahendra's prophecy, I wish you much patience, faith and focused ability to understand what he is really saying. :-)
Everett Stevens
: 12/27/2008
Interesting article but the writer needs to learn to spell. It's painful to read. If he wants a career in journalism he's better go to school first.
2009 MARKET : 12/27/2008
I just received a "Sedona" mag with the 2009 predictions....most of which call for terrible economic conditions. How does Sharma's astrology match up to "psychics"? What was his accuracy rating for 2008? I think he's delightful.
Dot Schaefer
What? : 12/27/2008
If he were better at predicting things than others, why does he get so little news?
a bunch of bull : 12/27/2008
gold this, foreign currencies that... this guy does not say anything and is selling just that.
: 12/27/2008
"He claims to be 98% accurate". Maybe. But sometimes he is very early. He was 1.5 years or so too early with a call for US dollar to rise and repeated several times over 1.5 years and each time US dollar instead of rising plunged to new lower lows. But finally, the call in early July 2008 for US dollar to rise was a success. Now, how do you count that: if you count all that as 1 accurate call , then you can get 98% accuracy. Same with oil - he started to call for oil to collapse to $35 when oil was $100 in March 2008 (and maybe even earlier), repeated several times when oil was 120, then 130, then oil rose to 147 and he repeated again and only from that level it started to plunge. On the USA his book 2008-2009 prophecies promised US hosing market to bottom out in May 2008 (yes, 2008, not 2009) and Dow to rise to 15000 in 2008 . Obviously did not happen. Now, this is pushed back into 2009. I think 1 year from now we'll hear that US housing market will bottom in May 2010. Well, sooner or later recession will end, US housing market will bottom and Dow will rise to 32000. But regardless of how soon or how late, all these predictions will be counted as 1 accurate call.
a
Mahendra predictions : 12/27/2008
I visit his website from time to time, mostly to see if his prediction is in line with my analysis of the markets. Sometimes, it is in line and mostly it is not. Astrology has been followed for many, many years for predicting the stock market but it has had a mixed record. I found this website www.smartmoneyletter.com that seems to focus on diversification across asset classes and I use it a basis for all trading decisions I make, and compare with the astrological predictions if the two are in line. Thank you.
Ron Hammel
Obama's forecast? : 12/27/2008
Curious how Mahendra sees the future for Barack Obama, and our country, based on Obama's date and time of birth. Now the question is, which PLACE of birth did he use? Hawaii or Kenya? This can change the entire forecast.
Marji J
Timing : 12/27/2008
I subscribed to this newsletter for almost two years and lost over $100,000. I even had my broker follow the buy-sell recommendations in case I had trouble understanding Mahendra and my broker lost money as well. Timing is everything for options and futures and so often the timing of Mahendra's predictions was way off. The prediction for the US dollar not to fall below .86 was perhaps the most disastrous prediction. Had I had just purchased gold coins in 2002 and held them, I would have made a fortune with no worry.
Swami Wrath
His timing is bad : 12/27/2008
I agree with the poster "Timing". I also lost about $80,000 when I subscribed to Mahendra's newsletter this year and followed his medium and short term recommendations. I lost money on his predictions on metals, oil, US$. Very often he is too early with his predictions and says with confidence "Silver/oil will not go above this price..." and it was wrong. And he does not take responsibility when he makes wrong predictions and people lose a ton of money (no refunds, no free month subscription, etc).
Mahendra 12/27/08 : 12/27/2008
Mahendra has made some amazing calls. The most amazing to me was his prediction of the destruction of a major US city. I figured terrorism but then came Katrina. Some amazing hits but you can lose a bundle following his financial advice.. It is pretty much as Everett Stevens says.
Paul Bonham
Interesting : 12/28/2008
98% accuracy and so many unsatisfied clients. That's an interesting mix.I always wonder why sell an investment letter if you can predict the market by 98%. Just trade for yourself and retire early.....
Wonder
I question the source! : 12/28/2008
I have followed Mahendra's site for years, and have to admit that he's been very accurate in years past. I do believe he has or had a gift, however, his calls on the US Dollar and Dow 32,000 don't make sense. Dow 32,000 smacks of hyperinflation and I believe should cause the dollar to move in the opposite direction, and gold, as well as other assets to soar. This, in and of itself, does not make me doubt his prediction, as there are aspects of these markets that I don’t fully comprehend. I believe many of these markets are being manipulated by powerful forces and as a result, trade counterintuitivly. When Mahendra was making his strong dollar calls, my intuition was telling me that that something was wrong. When he stated that planets are in a particular alignment or position for the dollar and the stock market to soar, the extreme delays of his prophecy did not make sense. Aside from deleveraging, I believe there were powerful forces propping up the dollar and stock market at the same time he was making these calls. The rhythm of his predictions and eventual outcomes didn't coincide. I sometimes wonder if Mahendra is receiving "inside" information from the forces that are propping up some markets and depressing others, to further their manipulative cause. Is it the “Wave of Nature” that we are following, or the wave of the manipulators? .
Rich
I question the Source! : 12/28/2008
I have followed Mahendra's site for years, and have to admit that he's been very accurate in years past. I do believe he has or had a gift, however, his calls on the US Dollar and Dow 32,000 don't make sense. Dow 32,000 smacks of hyperinflation and I believe should cause the dollar to move in the opposite direction, and gold, as well as other assets to soar. This, in and of itself, does not make me doubt his prediction, as there are aspects of these markets that I don’t fully comprehend. I believe many of these markets are being manipulated by powerful forces and as a result, trade counterintuitivly. When Mahendra was making his strong dollar calls, my intuition was telling me that that something was wrong. When he stated that planets are in a particular alignment or position for the dollar and the stock market to soar, the extreme delays of his prophecy did not make sense. Aside from deleveraging, I believe there were powerful forces propping up the dollar and stock market at the same time he was making these calls. The rhythm of his predictions and eventual outcomes didn't coincide. I sometimes wonder if Mahendra is receiving "inside" information from the forces that are propping up some markets and depressing others, to further their manipulative cause. Is it the “Wave of Nature” that we are following, or the wave of the manipulators? .
Rich
Stocks and commodities : 12/28/2008
When this astrologer was active he would give dates to get in and out. Not like Sharma. He was very precise in his dates and would give his reasons why the commodity would rise or fall. He would start the year with $10,000 and his goal would be $1,000,000 by years end an would make the goal well befor the end of the year. He was truly GOOD. I made a LOT of money with his predictions
Jack Gillen
stocks and commodities : 12/28/2008
Jack Gillen was GOOD. To bad he retired from the market
T. K.
M's predictions .... : 12/28/2008
I follow M's predictions since years ... and did much better before i subscribed to his newletter und do much better after i stopped subscribing. Facts: since 2005 he's calling for a dollar rally - 3 years, without interruption - dead wrong - because at some point EACH market turns. Just stick long enough to a prediction until it comes true. Copper he called the ultimate top at 150. For the dow he called the whole year 2009 to buy - never mentioned that he was DEAD wrong again. For dollar bloc currencies called since years to fall - they didn't until the recent HUGE correction. Years ago he mentioned that the euo was the best currency ever and that the dollar will crash. Then he "devorced" with Jim Sinclair and all of a sudden his the dollar started to be the greatest and the euro, since years, to crash. He's the worst crook i know of and can only warn everybody to subsribe to that tons of misleading predictions. Only in gold and silver i learned to respect his calls. Though they are also way too bearish due to his "love with the dollar" and hence most of his subsribers have missed a lot. Also he is calling to buy alternative energy stoxx since already 2007 and never stopped - look at alternative energy stoxx they sold of too, ugliest like all other stoxx, because they are highly correlated to crude. Crude fell and so did all alternative energy stocks. In fact his record is awful ugly - i would say 90:10 wrong : right. Glad for every day i'm not a subscriber anymore. Just for the flash news - because of the longterm trend for the metals.
Anonymous goldbug
correction to my last post : 12/28/2008
For the dow he called the whole year 2008 to buy After the facts he points just always to the prediction where he was right --- and never to those where he had been wrong, which by far outpace those where he was right. For those interested in help for the markets i suggest McHugh newsletter which in comparisaon is cheap and McHugh is the only advisor i know which is more or less consistently right. At least it really helps to have his newsletter and expectations. Second i would like to point to the kitco gold forum where there is Cyclists thread. That guy is really amazing!!!
Anonymous once more
about the gold prediction sir : 12/28/2008
will it come to 600$
Bad timing covered up with long term calls for lies about accuracy : 12/28/2008
First if you want to make any amount of money with Mr. Sharma, Dont subscribe to his newsletters, Just follow his free updates and interviews and only bet on his predictions, after he is initially wrong for at least few months or so and only buy long term calls or call spreads. If you want to do that why not follow good reputed analysts . I followed him for a while and definitely lost money trying to follow him on newsletter advisory. You really need to have lots of money to sustain. He is very very early sometimes and adamantly keeps on predicting the same until he is right ... and Boasts of his last correct prediction and conveniently ignores[covers up lies] about earlier predictions. 98 % accuracy is an irreverent lie that is beyond belief . He primarily cashes on people's very short memories, blasphemous lies in the name of god and nature and absolutely no way to track his predictions. I am aware of vedic astrology, on which he bases his predictions. His explanation of astrological direction is rather vague and dubious. It appears to me that he uses his own technical analysis for short term trends and wraps it under lies about correlation between planetary positions and markets.
stay away from this guy.
Be aware of this guy !!! : 12/29/2008
I am watching mahendras work for more then 8 years now and the only thing i can do, if i hear mahendra saying his acuurancy rate is over 90 %, is laughing, because it is just a lie! His accurancy rate in shorttime predictons in the last years is only about 10%. Do you want an example? Two weeks ago, mahendra anounced in his weekly newsletter, which costs several houndreds of $, a sharp rising dollar. Do you know what is happening in the real life???The dollar lost more than 10% within a few days!!!And this is only one of thousands of examples why someone should avoid mahendra and his useless newsletter.This guy is just a cheater. Please be aware of him. Unfortunately there are many folks who lost millions of dollar and this will continoue. regards woody
woody from europe
Mahendra : 12/29/2008
I have been following Mahendra's predictions for quite a while and it is true that he usually very early and then sticks with his call until it eventually comes true. Unfortunately, this can be months later. It is foolish for him to claim an accuracy of 98%, this is simply false by any method of calculation. As far as predicting the Gold market, the most accurate forecasts (at 83%) that I have been able to find are by "goldoption" on the MarketWatch.com community
Goldbug
Mahendra : 12/29/2008
I lost $100,000 on his predictions. I don't trust the guy character. 98% accuracy is a joke
Megan
What do you make of him : 12/29/2008
$16,00 to $1.5Mn in a couple of years? Sounds almost impossible. Even so, he would have lost it later on his own predictions. Have been following him for a few years. Sometimes he is way too early -- and you lose money following him. Sometimes his predictions are at the last minute (and one tends to think that he is always early and ignores them). Sometimes he makes bold statements like "if on ____day gold goes down, it is definitely going down" It goes down on that day so you think it will "definitely" go down, but gold goes up instead. His short-term predictions are basically worthless and the best way to lose money. His long term predictions are way off on timing as well as on scale. About the only thing right are the broad, long term direction that the asset classes will take which is hard to make money off of as there is no reliable timing information. Then, the short, medium and long trend is all mixed in and you never know which he is talking about. After all these mistakes he expects people to pay for his newsletter and he is surprised that they don't
Suggestion: improve your accuracy
mahendra : 12/29/2008
He told subscribers to short oil at 100 then you lose your shirt ....then short at 147...We should use him as a short term contrarian indicator.
Nathan
dollar : 12/30/2008
Zijn de heren al vergeten dat hij de stijging van de dollar al meer dan een jaar voorspeld, en dat hij nog maar een aantal maanden stijgt en dan nog met wisselend succes. Hij zit er soms eens op, maar ik ik zeg dat er een aanslag komt binnen de 5 jaar op obama. Dit zal misschien wel eens uitkomen.
One more example of mahendras accuracy rate... : 12/30/2008
Just before one of the last US presidential elections ( the one with bush and al gore ), mahendra made a predicton who is going to win the race. Although the chances were fifty / fifty, mahendra predicted that gore will be the next president...and i think we all know, that this wasnt obviously verry accurate... Stay away from this guy !
woody
timings are bad : 12/30/2008
very bad timings . says fall fall fall -ultimately it would fall some day. Then says --se my prediction . It has come true
TC9VM
Greedy traders - poor results : 12/30/2008
Mahendra is among a very few accurate" top down long term analysts". That's what he is! And he is brilliant in that! To believe, one might make tons of money on his predictions in the daily market zigzag is simply naive or dump; or even worse: Abusing a Guru.
Adrian, Zurich
Ever confused reading his newsletters : 12/30/2008
I can't make head or tail out of his news letter. (Thank god, I am not the only one). Don't know when he talking short term / medium term or long term. His writing skills are bad or may be its his style to confuse people as he is not sure of predictions time frame himself.
Mahendras prediction : 12/30/2008
Ur predictions are really great. U are doing great job. Ur predictions are so accurate, I dnt think any fund managers or analysts can do this. Keep it up. All the best
Honey
lets talk facts : 12/30/2008
OK forget the newsletters . I bought the book. Oil should be 80 by the end of this year according to the book . i must confess during summer no one was to say that when oil reached almost 150 now in the latest newsletter he wrote : " Oil will not fall below 29.80 and indeed our predictions about oil earlier this year have been fulfilled 100%". Do not have to mention that in past newsletters oil wasn`t to fall below 39.80 for sure. Ok can anybody explain how to make a ton of money knowing that eurousd will fall to 0.9 but You never know for sure when ? Mr Mahendra confess the truth or do not give such strong recommendations!!!! November was great, i must say, very good accuracy, but December is one Disaster You could make a ton of money doing just an opposite to directions ? Any happy smart newsletter buyer! show up and show how to make the money out of this predictions in real !!!
anonimous
Mahendra's prediction : 12/30/2008
He is not worth for this trading purpose, if you have 1,00,000 USD then take only one position and sleep, definately you will make money in that case, as he says since 1996 from where he begins, every smart trader knows very well that in any calender year we have one bottom and we have one top in any commodity or stoxx or in any item which is available for trading in this world.he is just gueing and making all of us fool by saying this is the bottom, that is the top, we know this is the bottom and that is the top, Many a times I found he is lying in his predictions given on his website regarding newsletter, he is writing something else in his newsletter and gives a false newsletter published free on his website,anyways he trying to fool around people
Gimmy
A Critics point of view : 12/30/2008
There is some truth in the mans advice. His prediction on the dollar made over a year and a half ago was off in terms of timing and I think cost a lot of people heavily. His timing on gold co-incidental or not was spot on and his timeing on oil was spot on. The problem is that to Mr. Sharma this is a business- Free market economics. His price for subscription is not exactly available to the causal reader and neither are they clear; not too far from his own guru Nostrademis. He makes more on subscriptions than on utilising his own advice. The news letter is far from clear and the man has never bothered to reply directly to a single email that I have sent him. Does this sound like a man out to do good for the world or simply another trader with an angle? My view point is caution. Mr. sharma is not the only astrologer and neither is he the best the world has. You can get excellent astrologers at a tenth of the price in India using the same method he does. The price he charges for personal predictions in a single session is more than most charge in an entire year. His reputation in certain circles is not exactly good in the city of Nairobi. He states that banks subscribe to him my point is would you trust a bank to hold yourmoney that subscribes to and depends on an astrologer? I would think not. What next NASA requesting services as to exactly when the shuttle should be launched -it should be an auspicious day. Welcome to the land of the mad hatter. A. Khan
Suppose ... : 12/30/2008
Honey and Adrian are the same person and never ever traded on Mahendras predictions. And da person is likely da brother of Mahendra - living from subcribers money too. Was a subscriber for 3 years (2005-2007) and it was an absolute disaster. Especially terrible predictions for the dollar, dollar bloc currencies and stock market. Not only the shortterm predictions are dead wrong but also medium- and longterm. Unfortunately didn't listen to other traders which already had subscribed to his newsletter. Just go to gold-eagle or goldtent and mention Mahendra there. You won't find a single one which recommends Mahendra. Regarding facts: just another example: go back and check since when Mr. god himself startet to recommend alternative energy stocks - and then check where alternative energy stocks are today. The same for da DOW. Or this is from his website - before Jim Sinclair dismissed him: http://www.mahendraprophecy.com/Newsdetail.asp?newsid=20&topic=Currency&Pyear=0 For 13 years, the Euro will be the safest currency to trade. Its importance will grow even as the dollar’s charm progressively wanes. This year it will present a lifetime opportunity and it will touch 1 to 1 with the dollar. Alongside the Euro, the Pound will rise in 2002 and make gains against the US Dollar, maintaining the gain for 9 years. Since the new century is not in favour of the dollar, the currency will give ground and on the whole be unstable- Page 44 Another fact is - for me he's the worst liar i know on this planet.
fxmtrader
Facts : 12/30/2008
http://www.mahendraprophecy.com/Newsdetail.asp?newsid=20&topic=Currency&Pyear=0 For 13 years, the Euro will be the safest currency to trade. Its importance will grow even as the dollar’s charm progressively wanes. This year it will present a lifetime opportunity and it will touch 1 to 1 with the dollar. Alongside the Euro, the Pound will rise in 2002 and make gains against the US Dollar, maintaining the gain for 9 years. Since the new century is not in favour of the dollar, the currency will give ground and on the whole be unstable- Page 44 Another fact is - for me he's the worst liar i know on this planet.
fxpmtrader
Facts from gurujis site: : 12/30/2008
http://www.mahendraprophecy.com/Newsdetail.asp?newsid=77&topic=Energy&Pyear=0 ONCE AGAIN, OIL IS READY TO FALL ANY TIME FROM THE 17th, AND THIS FALL WILL BE THE WORST. NEXT WEEK WE SHALL SEE DOWNWARD MOVEMENTS OF OIL OF AT LEAST $10 A DAY, AND THIS WILL BE FUN TO WATCH. SELL OIL ON FRIDAY DURING RISING TREND. In worst case scenario like, if there will be bomb blast in Nigeria (normally fund people or buyer they always does through local people), most negative statement from politician, exchange or OPAC try to scare world can maximum push oil prices up to 128.80. Bubble of oil will burst during next week or around $128.80 or any time after 17 MAY 2008. -o-o-o-o-o-o-o-o- YET fact is crude went 20 (!!!) bucks higher within next 2 months ... guess everybody short crude made some millions on this reco
fxpmtrader
More facts ... : 12/30/2008
http://www.mahendraprophecy.com/Newsdetail.asp?newsid=74&topic=Energy&Pyear=0 Here is list of stocks now I again recommend for long term investment. If you invest $1 Millions and I am sure it will reach $5 Million in the next five years. In the last seven trading day is already went up over 12%. Here is my recommendation list of 2008, 12 May. -o-o-o-o-o-o-o-o-o-o-o-o-o Just a few examples ... 7 months after da reco EPG 5.15 now 0.65 AVR 6.05 now 0.44 SATC 2.32 now 1.55 CBAK 4.52 now 1.32 SPIR 16.30 now 5.03 ESLR 9.27 now 299 PLUG 3.16 now 0.91 BLDP 4.39 now 0.96 CSUN 13.06 now 3.93 CSIC 43.60 now 6.70 SOLF 25.18 now 5.24 etc. Guess not a single stock in the green ... but 98% accuracy ... LMAO
fxpmtrader
More facts ... : 12/30/2008
just scrolled thru the newsletters of 2005 and 2006. Since early 2005, with eurusd 1.36, there should have been a tsunami of the dollar. M never stopped to call to long the dollar. Never ever. Euro went down to 1.18 and Mahendra continued to call for 98 and over 100 for the buck and in fact up today never stopped to call for the dollar to rally. This is f.e. from newsletter Nov. 13 to 17 2006: "For the dollar index, the first target is 105 within next 9 months. Watch this prediction from the wave of nature". Instead Eurusd went to 1.60. Guess anybody who sticked to his prediction went bancrupt.
fxpmtrader
Another fact about stock market ... : 12/30/2008
$INDU was appr. 10500 ... note that he already "waited 21 month" to get his prediction right! ----- Dt. : 28th Jan 2006 We have finally come to the last week of a rising market and my 21 months of waiting should end this week. The European, Asian and USA markets could falsely make another high during the first seventy two hours of trading. I have mentioned many times in the past that I don't trade indexes and silver. This is however a good point to take position in the indexes for the first time. SHORT TERM (ONE WEEK) – Volatile, may try another high and then FALL. MEDIUM TERM (SIX MONTHS) – DOWN, Expecting a 18% fall LONG TERM (Two years) – DOWN ----->> INSTEAD DOW rose from 10500 to 14000 within next 21 months --- again LMAO: 98% accuracy on being wrong hahaha
fxpmtrader
Finally for stocks 2008 : 12/30/2008
http://www.mahendraprophecy.com/LatestFlash.asp?Pyear=&page=71#year ===> STOCK MARKET ... During last week we saw a sharp rising in tech stocks as predicted but this week will be for financial stocks so one can start building their positions in these stocks because a new cycle is starting for financial and banking stocks. There is no hurry to jump in but your planning should be for the next 21 days to finish buying these stocks. This week stock market will trade positive so any weakness should be taken as a buying opportunity on Wednesday and Thursday, yes the year will end on a positive note. I do not recommend any buying in European market during this week but definitely we will see a positive trend in Asian markets but I am not expecting any sharp rising in those markets. My work followers are from more than 50 countries and they should know that from 2008 my whole focus is going on the USA market and the USA stocks so definitely there is a lot to talk about, about the USA market and the USA stocks in 2008 so be prepared for it as a great time is coming ahead for you to make un-believe-able amount of money, like I made from $17,000 to $1,900,000 between 1997 to 99 during the tech bull run. The same unique era is starting from end of January 2008 but it will be different with the different sector but surely technology will be one of the key players ==> OR Wednesday, January 02, 2008 --- http://www.mahendraprophecy.com/LatestFlash.asp?Pyear=&page=70#year --- STOCK MARKET --- We are very near to the beginning of a great new era in USA stock market and definitely Japan will follow the race after January. Other markets will struggle so wait for my 2008 outlook prediction. This week markets will remain sideways and those who want to accumulate the positions shall slowly do it. Right time is coming to accumulate the only banking and financial stocks during weakness in the market till 21 January and buying is only recommeded only in USA stcoks around 21. I have been very negative on all major sectors of investment incl financial, banking and housing in 2007. In 2008 all emerging market will crash big way but USA will start moving up from end of January. ====> we all know how much da DOW lost instead. So he was wrong when the dow went up and was wrong when the dow went down. 100% accuracy as a contrarian. Though he was right on asian and european stocks ... HOPEFULLY everybody went short those markets because otherwise another bancrupty.
fxpmtrader
Last comment : 12/30/2008
Thru all those wrong predictions i learned a VERY painful lesson: TO NEVER EVER listen to any recommendations or advisors and tio ALWAY do my own decisions. The very best advisor is ... the CHART!!! And the best indicator for what is to come in the markets is $HUI and $XAU. That applies not only to gold. I think smart money is in gold and silver and gold and silver stocks ... and they know very well what they do. Gold and silver stoxx long predicted what was to come. And they are among the first go again go up. $HUI and $XAU are also great indicators for shortterm trades. And among the components EGO is the best indicator. Study $#HUI and $XAU in all timeframes .. and you won't need an advisor anymore. And if you need one ... again kitco and cyclists thread - for free. !!! Wish ya all a successful year 2009 !!! and DYOD !!! And for "brother" Mahendra i wish that at some point he meets truth and honesty. !!! And all the best to our guruji !!!
fxpmtrader
And another fact and lesson ... : 12/31/2008
Fact: In the immediate future, Sharma said the planet Jupiter is indicating a sharp fall in the value of gold this coming week, while the U.S. dollar will continue to climb Lesson: If you have listened to this call - you sold gold instead you should have bought. Because today gold bounced of the trendchannel bottom support at around 860 - and is now close to 880 again. Conclussio, as already earlier mentioned: da best advisor and for free is the CHART!
fxpmtrader
Timing : 1/1/2009
Yes predictions come true , however always off by a week I'd month and even a year . You must realize that timing is of the essence when trading markets , so if off even 1 week you will looses all your money . Mr Sharma has been bullish the USD and us marktes for over 1 year I'e last Dec . And you Deffinately would of lost everyththing If you where long since dec 2007 till NOW. He is great but becareful ......
Amos
One Wish : 1/1/2009
I wish i never ever heard of this guy I lost 1.1 million usd in less than 3 weeks on his USD call when it went for 1.28 to 1.47 in one week ..... I take his calls with a pinch of salt and in fact started to go oppoite to him ie just purchsed and sold gold and platinum when he said they will crash ........ Good Luck
Nissim
contrarian indicator : 1/1/2009
Mahendra is a great contrarian indicator. Thanks for your help Mahendra. Happy New Year 2009
DC
Wish I never heard of this guy... Lol : 1/1/2009
Love all comments above. Don't feel so alone in this. Mahendra is impossible to get out of your blood. It is a curse and I recommend you do what I cannot and just NEVER visit his site again, or if you are dumb enough to send money to him, do not read any more of his updates. The phone number on his site connects to a woman who doesn't even know who this guy is!! It is a joke, folks. Read these notices above. Wow. Love the comment about a contrarian indicator. Lol. If you have a lot of $ to lose, stay tuned and keep the faith with him. Eventually, you MAY win an investment or two. He will NOT ever reply to you or refund your money, yet he is about God. Ummm, I don't think so folks. This is a live and learn... learn to stay away from this guy I say. :-) I want to be done with him. Wonder how much more money I can lose before I wake the hell up. What a great test in this lifetime. Things worth learning don't come without a price for sure. Good to all of you....
E. Stevens
Broken Clock Advisor : 1/1/2009
A broken clock is correct twice a day. If one makes a market call, eventually it will be correct. In the meantime, you can lose your shirt. I've followed Mahendra for several years and have discovered that he can't consistently time a market call. His 98% accuracy claim is, to put it charitably, is very inaccurate. Do not spend or invest any more money than you can afford to lose on this man.
Larry
Wish I never heard of this guy... : 1/1/2009
I lost over $150,000 on his predictions in two years (most of my life savings). He refused to give a refund of the subscription price even for 1 month. I wish we all could file a class-action law suit against him (but we probably can't, he is not a broker)
His former newsletter subscriber
Why filing a class-action law suit ...??? : 1/2/2009
...if you have good friends in russia...:-) Just kidding. But what we indeed can do is, warning all radio stations from this guy and his cheating to prevent, that he is able to spread his lies!!! regards woody
woody
E. Stevens .... and anybody else: : 1/2/2009
I have posted it already above: you must learn to do YOUR own decisions! That's the only positive outcome of my experience with Mahendra. But it is worth the price - because thereafter you are FREE. No need to follow anybody anymore. Because every single trade - is my decision. And not anybody elses, no matter how good or bad that guy might be. That is worth a lot - believe me. I know what i'm talking about. And second i have mentioned to follow the charts ... esp. those of da $HUI and $XAU. Smart money there ... follow da footprints! Further i suggest to open a thread at kitco - called "Mahendras predictions". There we can continue to meet and discuss all issues about Mahendra and his calls. Eventually we can also setup a grid with all his predictions and the outcome. Just to proviode the truth he is hiding. Just keep in mind: that is a precious metals board - and hence PMs should be the topic of the day. But anyway enough room for Mahendra.
fxpmtrader
fxpmtrader et al interested... : 1/2/2009
Registering at kitco forums. We'll have a "Mahendra Predictions" thread soon. :-) Good idea and thanks!
ES
Kitco Forums : 1/2/2009
It will take a week to post... Hope to see you all there or somewhere if that doesn't work. :-) Sincere best wishes to all.
ES
Former Subscriber : 1/2/2009
I lost a fortune following this mans predictions. A few predictions for 2008 from his book. The Dow woud reach 14,000 by the end of 2008. Banking stocks would be stable. Alternative Energy would soar. Wrong. Wrong. Wrong. And the same goes for so many of his predictions. 98% success - no way. Nothing close. His daily predictions in his newsletter are useless, perhaps worse than useless. His long term predictions seem better, but they are usually out several months. He predicted the rise of the US$ constantly for about 18 months before it finally turned. He was bound to be right eventually. He did also predict the fall of the oil price, but again he was predicting it would happen months earlier. I cannot confirm or deny his claims to have predicted the rise of gold from 2001 or the technology boom. What I can say with certainty is that his predictions in 2007 and 2008 were inaccurate.
Mahendra
Longterm predictions ... : 1/2/2009
Friends ... don't be misled: also his longterm predictions are wrong. Just read all the posts above and you will see plenty of them. F.e. read his predictions about Euro/Dollar and the Dow! We are talking about several years - not a few months! The reason you think he is right longterm - is just because most of the available markets go up and down and at some point eventually go the direction mentioned. Being 5, 10 or 100 times wrong, over years and months - and finally when the market turns being right means to be right longterm or 98% accuracy? Strange math.
Another subscriber who lost at least a years income.
Sell Gold, Dow 32000 and dollar is only safe heaven : 1/3/2009
Sure, keep on dreaming. What world is this guy living in ? Amazing that he can make a fortune with such crap and sluggish grammar. Really friggin' unbelievable. You'd have to do exactly the opposite to make any money here. Sell gold, buy the dollar and the Dow. Right. The only one who doesn't know the USdollar is dead is the USdollar. And Mahendra of course.
Marc
WHAT A LOAD OF CROCK : 1/3/2009
HE ALSO PREDICTED THAT DUBYA WOULDN'T FINISH HIS TERM AND THAT HILLARY CLINTON WOULD WIN THE ELECTION AND WAS BULLISH ON ALTERNATIVE ENERGY STOCKS AS THEY CRASHED 80% AND THAT GOLD WOULD CRASH TO $600 OR LESS IN THE FALL BUT DID NOT PREDICT THE OCTOBER MARKET CRASH OR THE SUBSEQUENT 20% CRASH OF THE DOLLAR IN DECEMBER. NICE WORK MAHENDRA ! 80% OF THE WORLD'S VOLCANOES WILL ERUPT IN 2009 AND WE'LL SURVIVE TO SEE THE STOCK MARKET GO TO 32000 ? WHAT'S HE GONNA BUY - SULPHUR DIOXIDE FILTER MASK STOCKS ? THIS GUY REALLY CRACKS ME UP. GIMME A BREAK !!! A BROKEN CLOCK IS RIGHT TWICE PER DAY...
LONE RANGER
Snake Oil Salesman : 1/3/2009
Bring the tar and feathers.
GooRoo Buster
Mahendra Charlatan : 1/3/2009
Vedic astrology is a deep subject which I have a prfound respect for. Unfortunately for every genuine astrologer there seem to be hundreds of charlatans. Having followed Mahendra's predictions for years I can see nothing to suggest he has any ability to foresee the future. Hardly a single one of his market predictions ever comes true. But worse than that. He is dishonest and claims success when he has been wrong.Do not be misled, this man cannot help you to make money. Avoid this man like the plague.
burnt investor
Mahendra Charlatan : 1/3/2009
I'm surprised that Mr Charlatan has not pulled the link to this page from his website given all the negative comment. Here is my prophecy, and I bet I am 100% accurate. I prophecy that the link to this page will be removed from Mahendra's website in the next few days. If Mahendra really believes in karma he must be dreading what is due to him for the misery he has caused so many of his mug subscribers. It is time this man was exposed, and perhaps I shall be starting a website or forum to show his real record of forecasting, which is appalling.
Mahendra is a fake
A Crook at is more dangerous than you can imagine. : 1/3/2009
I have respect vedic astrology and met a couple of who are really good and the good ones are not interested in monetary benefits of their knowledge. There are many many crooks in India who make a living based on astrology disguise. They are basically scaremongers and take advantage of emotions of people. There are very very few good ones and they are absolutely not interested in any of these and they are only concerned with repuation. Having come from India and seen lot of these people, I can say that this guy is the worst and most outrageous liar without a conscience. To suck $100's from his subscribers to his advise, his subscribers lose well over $1000 s if not 100s of thousands of dollars. He causes so much pain , all based on lies, he must be restrained from doing this or eliminated. When Mahendra says he is right, it means he is eventually right, even if it means he is wrong on that prediction for a decade being right. If he says he is wrong ... he is way off.. and given up hoping that he will ever be right.. on that issue. 98% is lie that I cany find enough bad adjectives to qualify it. If you want to make money in markets.. do Macro-economic fundamental analysis and couple it by reading charts for short term directions.
...
Mahendra : 1/3/2009
Hello, First let say not everything was wrong.. He predicted this commoditie crash and metal crash from feb 2008. As we all know gold came down to 680 and silver even worse. Actually i can confirm mahendra published before the crash happened gold moving to 665, silver to 9.80 and platinum to 11. And the euro dropped to 1.24 Actually these were published in his books.. also treasury bonds he mentioned 135 in his book.. and went to 142. ONE HAVE TO SAY THESE ARE QUITE RIGHT.. but i have not experienced the other years.. but i know his style. SO far the positive things.. ;) But stock market usa.. he was totally wrong. , i think he just doesnt understand.. the world markets..because he prediced rest of world market would go lower.. but they are all connected. the yearly range in dow was supposed to be 14500 to 10500 but in reality it became 13000 to 7400. I was a member , but i abandoned.. Indeed the results are not that ok, especially the rate of 270 is way too high.. compared to results. The problem is the guy is mostly too early. and in the market being wrong for a week or a month is deadly.. You wil get the most terrible trades like selling oil at 122.. and oil moving up .. 10$ in 1 day.. and you lose dramatically. very soon, and your trading wil be extremely painful , horrific, and emotionally you will be teared apart. Sorry for these words.. mahendra.. Furthermore he uses phrases like IN NO CIRCUMSTANCE can PLATINUM CROSS 1670.. after that it crossed to 2250.. but the latest spikes are the worst.. and you will lose very quikly.. also.. he is a master at keeping you believe in it..and you will lose even more.. and his style is when he is wrong he keep rolling over.. we say the whole circus of dow.. could not move under 11.000 then 10.500 etc... the same for oil.. top at 118, then maxiimum was 124, then 130 etc.. at the time the market do crash, you dont have any money to short.
Texaanse Tekkel
trading : 1/3/2009
Sell Oil and buy June put options----"-sell with out fear" he says. Oil was at 119.30. I put 10k in June 100 puts, sold 1 June Crude..... well , needless to say continued to rally to 148.50 WOW Got my butt kicked. He was only off 30 bucks and 1 month. 98 % accurate....I don't believe it !!!!!!!!!!!!!!!!!!!!!!!!!!
trader
Mahendra the fake : 1/3/2009
Are you reading Mahendra. Only a couple of positive comments at the top and you probably put those there yourself. You have cheated people for years. Your karma will find you out eventually, but I'm going to make sure your lies are exposed as well. Can you show us even one satisfied customer?
Mahendra is 98% wrong
For Adrian about greedy traders comment. : 1/3/2009
I agree it is much more difficult to make money on daily zig-zag . Then Mahendra should not recommend and charge so much and should he suggest precise points when markets will turn in the short term . What is long run ? Has he ever explained or given his long term time line explanation. You must be really naive or new or in cahoots with him to plainly ignore 98% claim.. That was so stupid. He should have just lied and said 70% or so.May be he is getting disparate for customers. Do you even realize that if you can time 98% accuracy, you can go makes billions out of a very small investment. Hopefully you are on the way to become one eventually !!!! No need to specify that you are from Zurich ;-) perhaps you intend to say that he has international following ;-)
BNJEQ
MY PREDICTIONS FOR 2009 : 1/4/2009
OK you guys, each one send me 10 ounces of Gold for my 2009 predictions below because if you don't they won't happen: 10. Mahendra will claim 202% predictive accuracy in his forecasts and jack up his subscription rates to his 3 remaining subscribers. He will also star in a Bollywood remake of Peter Seller’s “The Party” and launch his own brand of birdie num num. 9. Sir Alan Greenspan and Ben Bernanke will share the Nobel prize for Chemistry (renamed Al-chemy in their honor) for their lifetime achievement of making tangible things disappear and intangible things appear out of thin air. 8. Bernie Madoff will win the Nobel Physics prize for his brilliant discovery and application of the complex mathematical formulae that can lead to the disappearance of lifetime savings into black holes that could not be detected. 7. George W. Bush after speaking with God again will grant a final pardon to all present and past members of his administration including himself before he leaves office. He will then sign up for a classified role with the Los Angeles Dodgers. 6. Enron’s Ken Lay will be spotted relaxing with friends on a remote cattle ranch in Paraguay, having first gone through a sex change operation in Brasil to look like Gina Lolobrigida. She will tell paparazzi that she is a retired Israeli citizen who is stuck in Paraguay having lost all her savings many years ago with the first “Bernie”(Cornfeld). 5. Nassim Nicholas Taleb will be arrested following the installation of the new Black Swan Artificial Intelligence software at the Department of Homeland Security for being the real founder of the Taleban. A spokeswoman for the DHS will claim that the highly sophisticated BS AI software is able to recognize disguised bearded suspects without their turban (except when wearing a burka) and cannot be fooled by randomness. 4. Osama Bin Laden will be caught in Miami Beach at an Elvis lookalike contest. He will be betrayed by his foreign accent and baggy pants whilst singing “Love me tender” to a jury of suspicious minds. Miami Police will interrogate a Pakistani taxi driver named P. Musharraf who will have driven Mr Bin Laden to the contest. The driver will claim that as a recent immigrant to America he didn’t know it wasn’t Elvis. 3. Barack Obama will fire Paul Volcker as head of the Economic Recovery Advisory Board and appoints in his place President Robert Mugabe of the Republic of Zimbabwe who will happen to have just relocated to Washington DC. Federal Reserve chief Bernanke will welcome the appointment of a man with so much experience. 2. The price of Oil will fall to below $10/barrel. Hubbert’s Peak Oil theory will finally be disproved by the brilliant journalist Daniel Yergin and his Cambridge Energy Associates with support from a new branch of Geophysics called the Abiotic Oil theory. In shame and despair Retired Princeton Professor Ken Deffeyes will commit suicide. 1. Hank Paulson in a last gesture prior to leaving office to go back to his old job will announce that the United States Government will finally repeg the US Dollar to Gold. The US will not be able to back the Dollar with “deep storage” Gold from Fort Knox due to the lack of availability of drilling equipment. Instead, the Gold for the peg will be leased from Goldman Sachs on very favorable terms…
NOSTROBUMUS
Mahendra, DOW, Gold & Dollar : 1/6/2009
Been following this guy since 2004. If I remember right, at one point in time in 2004 he even predicted that the DOW will cease to exist in the next seven years!! Sometime in end 2005 is when he did an about Turn. Predicting the imminent collapse of Gold and the inevitable rise of the Dollar. After that Gold more than doubled and the Dollar crashed. Wonder what made him go back on his pre 2005 predictions and negate his own predictions about Gold, Dollar/Euro and the Dow? Looking back he did make pretty good predictions back then - only if he had stuck on them!!!! Hard not to go down the conspiracy theory path. I will be keenly watching his DOW 32K and Dollar 150 predictions.
Former Mahendra Fan
Mahendra Charlatan : 1/6/2009
The last couple of days have been a good example of how Mahendra distorts things, and gets his timing wrong. He predicted a sharp fall in the gold price last week, but instead gold went up. The last couple of days it has fallen sharply in price. Mahendra will now claim that as a successful prediction, but in fact anyone who followed his advice and sold gold when he predicted it would have probably been stopped out of their short position at a loss.
Mahendra is a fake
How to make money from Mahendra : 1/6/2009
Since he is more like 98% wrong and 2% right, about the only thing that is worth in all this is that he at least has the guts to make predictions that the Dow will go to 30,000 and the Euro/Dollar to $0.50. You won't find too many people making this prediction. But you would be certifiably crazy to actually invest on any of Mahendra's predictions. You should do so only when some sane and respected advisors / financial wizards (don't have to be mainstream, just known and respected) ALSO say that the dollar will rise and the Dow will go to unprecedented heights. Until then you are better off throwing your money away than investing in what Mahendra says. At least you will get a kick out of throwing or giving your money away. With Mahendra what you will get is misery.
Suggestion: Improve your accuracy
He could care less about his subscribers... : 1/6/2009
I now believe this guy has enough $ just to be doing this for fun. It is of no concern to him if he's right or wrong. He's just playing around and sometimes hits a good one, like a bad golfer. He's like a virtual genius. 98% accurate. How can you do better than that? Pretty good. Too bad for serious subscribers however. Just take a good look at these comments. Not even ONE positive comment from anyone that can make sense in a sentence. Lol. I will now be able to laugh at this crap rather than stress out over it. Wow, what a learning experience this has been. Holy crap indeed. Good luck to all an thanks to all that shared their... ummm... their disillusionment? disgust? frustration? dissatisfaction? I'm sure there are some good other words. Use a whole salt shaker with anything he says. :-)
ES
If he can Predict and ForecAST he be the Next Warren or Bills on Forbes ! : 1/6/2009
If he can Predict and ForecAST he be the Next Warren or Bills on Forbes TOP 5 ! He won;t have to Sell his yearly subscribtion to earn some peanuts if he can really predict ! As he would be the next Richest man on FORBES ! Think About It Brothers ! All these Predictions CRAPS !
Don't Be FOOLED !
MAHENDRA PREDICTIONS FAILS !! : 1/7/2009
Yes i think all those Positive Comment are From HIMSELF !! << Don;t Be fooled byt this technique of Self Giving Testimony , Really if he can Predict so well - to be fair at least he said 98% accurate - then he would be a Billionaire now or even had his FACE on TOP 10 FORBES RICHEST MAN !! Come On People - USE your Rational Thought and Logical Thinking - if all these can be predicted by him - he would be the RICHEST MAN himself on FORBES ! not having a puny site selling sebscriptions letter ? wahahahaahah
MAHENDRA PREDICTIONS FAILS !!
what a load : 1/9/2009
What a load of credulous tripe. A string of anecdotes provided by the interviewee about his alleged successes and no fact checking or original research. Then again, the story wouldn't have any fluff appeal if the "journalist" wrote it with even a shred of skepticism in mind. I would feel obligated to make a snarky comment about the poor quality of print media in this country but it looks like small time hybrids like the Daily Sound are just going to bring the same low quality drivel into cyberspace. If someone is really willing to bet their financial security on an astrologer's interpretation of planetary alignments, well why not? They are obviously not smart enough to invest that money themselves, and would probably just end up pissing it away by sending it to their new friend the Prince of Nigeria as a "good faith payment" on a much larger sum. If the pure idiocy of half the stuff said in the article isn't enough to make your head hurt, that gem about Mars and Saturn and 80% of Earth's volcanoes erupting should have been. If that is really true we're all wasting our money buying stock when we should be investing in bomb shelters to wait out the global chaos and resulting climate shift that would follow such a violent geologic upheaval. Astrology parted ways with evidence and credibility back in the 1500's, when it became Astronomy, but I don't know any astronomers deluded enough to give out stock tips. (they do have much better tools for measuring the movements of planetary bodies)
A rationalist
re: you guys are totall unrealistic : 1/10/2009
No one can predict the future 100%. contrariarn indicator........wheat(problem in Australia) and coffee(problems in Brazil)will spike sharply sometime in December. Well folks Australias weather problem didn't show until November but he was clanging on in June. Wish I was on those.!!Damn it anyway. ,Dollar will rise after employment report. wish I was on that one. I think he tries to convert his astrological trends to daily market action which can be troublesome. I like his predictions but I don't know a way to make money off them(as quick/much as i'd like). And I am not Mahendra or any one of his family,only 30something yearold Irish student.
Gos
Mahendra said invest in natural gas starting in July 2008 : 1/11/2009
mahendra recommended investing money into Natural Gas after June/08, claiiming it would hit as high as 14.00 US but he was 100% wrong on this call as natural gas tanked with everything else...He definitely is not 98% accurate with his predictions...
Anonymous
natural gas : 1/13/2009
yes.. natural gas should have trade independently because of the heat summer, but in fact it did not.. as a matter of fact mahendra did'n saw oil falling much below 70.. currenly we are arond 35.. which is a 50% DECLINE..AFTER A DECLINE.. gold is where he hits the most succes, i recommend you only follow him for gold.. but only as SECOND OR THIRD INDICATOR.. short term making money on ASTRO = IMPOSSIBLE, you will lose.. most people lose in the markets, but at mahendra you will lose more, faster. also you will lose extra because of high subsciption rate.. he keeps sticking on wheat.. but it only tanked, and never got up sharply because of australia crop problem, he still says buy wheat and sell corn, and soy.. if you look closely at the charts.. you see wheat is very very very weak.. and SOYBEANS IS THE STRONGER ONE AT THE MOMENT..
Texaanse Tekkel
mahendra's predictions : 1/26/2009
Mahendra sharma'predictions should be taken with the respect and accuracy the deserve, this man predicted my future, and 10 years later,what he told me came true. i take his predictions very serious, believe me, whatever method he uses,he is accurate.in my case he was 100% accurate.I would advice you to consult him if you do beleive in stars predictions.
long term... : 1/27/2009
I've lost money following that guy...long term I believe he can be right, I don't think he can pinpoint option trading cause I got my azz handed to me. Maybe buying long term stock and holding on is the game to play with sharma. Problem is, I got no more money to do it. :(
rw
Australia : 2/14/2009
When I first heard Mahendra on a radio station in south Africa he was talking about some terrible disaster that would come from the sky and affect America soon. I think it was less than a week before the 9/11! I have never bought his books or subscribed to his newsletters but have occasionally followed his predictions. In 2008 i googled "dollar strengthens" and only found reportes from 2004. I put a google news alert for "dollar strengthens" and around mid year they started to come in. He also talked about disaster in Australia in the sales pitch of his 2008-2009 book. I just googled and this comes from him quoting his book in a Feb 2009 newsletter. "This severe drought may bring the problem of fire and I see the worst fire problem happening in 2008-09 in Australia. In the summer season the temperature will rise very sharply in the desert and this may bring some kind of change in climate after the summer". Australia has just had terrible fires. He also predicted Robert Mugabe from Zimbabwe would die in ( I think) 2004. Unfortunately he old bastard is still in power. He does make bold predictions, and while he is often wrong, he is maybe more correct than a clock twice a day.
Andrewb
If Astrologer n Fortune Tellers are Acurate there won't be POVERTY : 2/16/2009
If Astrologer n Fortune Tellers are Acurate there won't be POVERTY ! The problem with you mahendra i have to write here is becos i am angry to the fact that you think you are God Like , and telling people to invest here and there and hurting the Lame ones Plese people dun listen to predictions when comes to inversting - it's LAME ! Use your common sense ! Unless you are a FOOL - please RESPECT YOURSELF !
DUN BELIEVE IN ANYTHING OTHER THAN YOURSELF ! TRUST NO ONE !
alittle hot : 3/13/2009
While there is obviously some disappointed investors here over his newsletter I have found it to be reasonable. Yes he does get it wrong on his timing but the move does play out as he see's it. Those who pay there sub's need to understand Mahendra isnt a broker, his an astrologer.(important you understand that ) So when he states to nuy without fear you look for the reversal and then hit what ever it is. Dont stand infront of a moving train. Astrology is an indicator to which one can use in the decision making process. Using it outright on its own is foolish..doing so you deserve to loose your money. Just as charting isnt 100% nor is mahendra, but combining both you will filter out bad trades and your batting average should improve. While he is hot sometimes this needs to be put into perspective.98% correct yes sometimes, but his average I would say more around 80% over 12 months.Reason I say this is that his timing is sometimes a day or 2 out. This is where you other indicators will filter this and improve your winners. Just my take for anyone thinking of subs...
John
Don't BUY Mahendra Crap - If he can Predict he is GOD : 3/18/2009
Don't BUY into Mahendra Crap - If he can Predict he is GOD Those who predicts got no knowledge , and those who don;t predict Has true Knowledge Ponder on that -
GOLD INVESTOR CLUB
Mahendra Sharma : 3/25/2009
Mahendra Sharma has been wrong on short term as well as long term predictions. I think it is outrageous that he is charging $270 per month for being wrong most of the times. It is like paying to AIG people the bonuses for bringing down the company. I have lost my hard earned money on Mahendra's predictions. I am telling the truth.
Peter Collins
Texaanse tekkel : 3/26/2009
dont buy.. DONT buy.. , results are not well.
Texaanse Tekkel
Boycott Mahendra Sharma - Mahendraprophecy FAILS and SCAM ! : 3/29/2009
Mahendraprophecy FAILS and SCAM ! what a JOKE - This fellow call himself a astrologer and Tell people to Invest this and invest that , and he charge you a subscription FEES ?? Wahahaha - those who are stupid enough to Believe this CRAP and Believe that investment market can be Predicted are FOOLS ! I tell you if he really can predict why should he made those peanuts monies from his website subscription ?? He would have become a billionaires by now if he TRULY can predict the investment market !! You people who paid for these CRAPS SCAM and now cry like babies because of believing in this guy's crap are yourself to BLAME - infact dun blame him - BLAME Yourself if you lose money believing this CRAP ! There are always many suckers coming in every seconds and you are making US RICH !
ANTI SCAM Society
markets : 8/3/2009
Mahendra is the bigest crook in trading industry .Be aware of this croock he is manipulating the markets and probably warks for manipulators. Any idiot can say that US dollar and dow jones index gonna go up because one of them is alway up. This is 50/5o situation because when dollar goes up dow jones index go down .Mahendra puts his best outcome on internet pretending how good he is .Trust me he is not,most of the time he does opposite what he puts on the webside.because he knows he can manipulate the public and that is how he makes money..In trading you have to do opposite what publik is doing other wise you will be slotered with the rest of the lams. He tolks obout god but he is a devill .This is nothing to do with stars or planets trust me I know what he is doing. Look at sugar he was saying for the longest time it is going to go down that is why sugar went strait up he manipulated the public to sell sugar and he him self was buying it.Please do not follow this croock advise. I am going to have my own web side and confront all the crooks in this industry and revill the truth about how capitalistyc system stills fortunes from the hard working citizens of this planet I show you how brain warks and how disfunctional.human brain is . That is why I think it is a crime what manipulators are doing to investors to still their life savings away from them thinking they just make an mistake .It is not a mistake everybody get set up phsychologicly for it. See you in the future as Manipulation investigator webside. Andre.
Mahendra the Market Manipulator? : 9/6/2009
Hmm.....Interesting Possibility!!
Conspiracy Theorist
Suckers! : 9/6/2009
Unbelievable!
SV
Daily Sound Sinks to New Low : 9/7/2009
WTF I am Laughing My A off Now. So This is News. Some Indian Astrologer on the Stock Market. Isn't there something better the sound can cover ? Of Course this is like the most responded to because all the rich people in sb have stocks. what a damn joke who cares about this idiot.
Daily Sound Sinks to New Low
How... : 9/11/2009
...can a so called "serious" newspaper print such a nonsense? I can´t believe that you gave this man the oppurtunity to present his useless predictons. There is a statitics, which shows that mahendra is only in one out of ten times right with his predictons ( 10% ) and i think, this speaks for itself
woody from europe
A very successful Fraud : 9/21/2009
It is really amazing to Look at the outpourings of disgust and acrimony against this guy, Mahendra, in response to such a seeming ordinary and unpretentious article. I guess, it only brings out the high degree of Mahendra's success in fooling so many people of such a long time and shockingly continued success at fooling more people.
Unwilling Admirer of a Great Fraud
Key Dates keep getting postponed : 10/16/2009
several key dates have come and gone. recent examples - 09/09/09 came and went, 15th Oct came and went, Diwali has come....but Mahendra's has so far kept jumping from one key date to another......claiming it is going to be THE date when all his predictions will come true......wonder if he has got any subscribers left....???
Will he ever give up?
flabbergasted : 10/25/2009
I am just flabbergasted that so many people actually react on this guy. Mahendra already told everybody that planetary movements are fake: From Mahendra's Nov 2, 2007 Newsletter (Dollar was still above 76): After Fed meeting dollar will show positive sign but in worst case the (Nov) 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. we all know that the USD is now weaker then it was at the end of 2007.
mahendraissscammer
Shameless Charlatan Continues.... : 11/8/2009
...without so much as an apology for being consistently way off the mark for almost a year now. Mahendra on 6th March 09: "Maximum side gold can touch 948 to $953. Even at current price $943 is good opportunity of selling. Silver trading at $13.49 now and from here it can rise up to $13.60. Big fall in copper and platinum is on the way so get out 100% from metals on today and on next Monday as well. "
Absolutely Outstanding : 3/5/2010
The predictions are outstanding. I made more money using his predictions then by blindly following technical charts. Thanks to Google, I found this guy and it made a difference. (Combine your technical charts with his astrological trends and let me tell you you will make money).
Ronald
411 E. Canon Perdido, Ste 2
Santa Barbara, CA 93101
Phone (805) 564-6001
Fax (805) 962-9101
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