Dollar & Commodities to gain....

[johnm]

Just read the newsletter from the man mahendra sharma and below is the excerpt from an interesting post on the website of Mahendra Sharma (mahendraprophecy.com),

[quote]I'd like to remind you to focus on the most important indicators that foretell some changes in the markets:

Mars are changing house, giving us very clear indications that only developed markets will get more interest from investors and emerging market would suffer setbacks--again a somewhat unbelievable proposition which actually started showing signs in the last two weeks, notably the success of GM's IPO. Money will be exiting from emerging market like India, China and Brazil, and following back to USA. This is also a first indicator that investors' faith in USA is coming back.

The fundamental reasons are:

1. Stocks of emerging market are getting too expensive, PE ratios nearing or at historical highs
2. Uncertainty in the currencies market and ongoing war in currency devaluation is prompting institutional investors to stay conservative and liquid
3. China