I found this interesting post on Silicon Investor.
Mahendra Sharma must be one of those "Bad News Bears" that Bob Brinker Talks about.To: da_cheif™ who wrote (28242) 10/18/2007 10:54:54 AM
From: Chip McVickar Read Replies (1) of 28249
Here's some entertainment and a posting for the wall
My date for melt-down in all financial area has arrived, we are 24 hours away from it...it shall start with asia.....
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Thursday, October 18, 2007, Mahendra Sharma
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Prophecy - i am warning to every one as i see great fall in all..i am buying us dollar.....
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Thursday, October 11, 2007, Mahendra Sharma
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Free- "CRASH" Worst period like 1929/1987 will repeat again any time after 11, October 2008
but this time fall will be so huge in all...
Thursday, October 11, 2007
Dear Member,
We are approaching toward worst volatile period like 1929 and 1987. I advise please stay alert and just watch market. Hold cash as many will fall with fall of commodities, stock market and hot bubble currencies. This will happen in the next two weeks.
As predicted today ....
I predicted major crash in all stock market from 18 October so watch this date closely and plan your trades accordingly. There will blood-bath in Asian market and may few of the market will close down for few days so watch carefully. Get out from all position before 18 October including metals, Uranium and Alternative energy stocks.
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Thanks & God Bless
Mahendra Sharma,
11 Oct 5.50AM
http://www.mahendraprophecy.com/
This is about mahendra sharma predicts what is going to happen sometime in the future as if it will happen next week itself you will land up loosing all your money if you listen. he charges a huge some for his newsletter which is not worth it at all
ReplyDeleteNow Mahendra Says, crash on 12 Oct, 2009, he predicting fasted fall in histroy, fasted rise for USD which never happened and will never happen again.He has been wrong for last one months but lets see if he pove himself right again or not...
ReplyDeletehttp://www.mahendraprophecy.com/LatestFlash.asp?Id=494&Page=1
Mahendra has been wrong most of the time. He keeps on calling crash in a market that has been up for a while, and similarly predicts fastest rise in a market that has gone down considerably. One day he would be right because the market that has gone up considerably generally pulls back a little bit, then he will claim he predictions worked 100%.
ReplyDeleteI also think his predicitons are flawed. He says precise dates somethigs will happen (like a crash etc) but they do not. So I am not sure how different he is from other market newsletters that profit from putting fear/greed in market by claiming they know what will happen. If anyone else out there has any experiences, would love to hear.
ReplyDeleteMahendra Sharma Predicted Crash in Equities on October 2010 also which NEVER happened. He predicted S&P would touch 1350 and Dow would touch 14000 in Dec 2010 which never happened. He predicted GOLD will Touch $1600 in January 2011 and it will touch $1100 in March 2011. Gold never touched $1600 in jan and it will noy touch $1100 in march 2011
ReplyDeleteMahendra sharma is a quack and unnig man,he knows nothing abut financial he simply knows movment of plants which can be kown to anyone by ephemries.He cannot interpret the effect of planets on markts. i know lot ofpersons who were cheated by mahendra sharma.
ReplyDeleteI bought his book for the first time in Dec 2011 and till now he was almost 70% wrong in his predictions. His predictions for extreme bull market for metals escpecially silver by May 2012 was completely opposite to what happened. Similarly, he predicted oil to reach new highs from March to May also came incorrect. I will not recommend anyone to buy this book.
ReplyDelete