Property and Reits

The property and reits sector will be the theme for this week. Watch

Ronald K - Market Psychologist - The Big Speculator

NOL - Watch

I am watching NOL very closely for an entry. The BBs will show themselves soon and I shall ride together with them.

UPDATE 9/1/2012 9:13PM.

NOL rallied a little intraday after i post. Is the turn here? We shall watch.

Ronald K - Market Psychologist - The Big Speculator

Market Mind Games

I was shopping with my wife yesterday and something caught my attention on the book shelf. Hmz, it's a market mind games book. So someone actually thought of this name and turned it into a book? How about me writing a book entitled "Stock Market Mind Games"? Will anyone buy?

Ronald K - Market Psychologist - The Big Speculator

Be a Smart Consumer

Many times, I was asked how I learned and developed my skills? A few years back, I attended a course conducted by Robin which was my teacher. Why was I piqued to his course? The reason was simple, it was because he actually posted all his track and trade record during the seminar and also his entry and exit points, therefore he managed to convince me into attending his course. Judging from his entry points, I can postulate what sort of a trader is he and how good is he at spotting stocks before a breakout/breakdown, his cut loss prices and his profit targets. Now, after attending his course, I got to admit that I can't be like him as he is too skilled as a trader and therefore I need to find something that suits myself so that's where I developed my own theory. It's not wise to use other people's proprietary method, polished it and make it like it's your own. You can use their method to trade because you paid for it, however once you learned it, don't sell their method as a course or service like it's your own. I truly despise that. Of course, that's me. Everyone is different.

Watching and study the psychology of the market becomes an addiction of an inveterate speculator like myself. To be good and get enlightenment, I need to go through the path of losing money to understand how it feels and see how sensitive money is to me. As I gain more experienced in my speculation activities everyday, I realized, actually money is just a reserve to me so that when the time comes, I have the reserve to put it on the line. Money has no value at all, it's just a tool.

So where should one start from here. I believe courses are important as it allows one to shorten their learning path and Robin has definitely helped me to achieve that. So to my fellow fans, if you are to go for courses and when you are willing to part thousands of dollars, the first thing when you choose a course is to always ask for track and trade record. Personally for me, I would rather pay money to buy someone's experience than to buy his training ability to teach. Because it's simple, with the thousands of dollars you paid for course, it doesn't make you an expert instantly, you may buy his knowledge and skills, but you can never buy his experience and memory where he had seen it all. Knowledge is textbook stuff which can be found in books, experience is the journey that one went through to gain enlightenment which is the intangibles that cannot be transferred or subtracted. And as we know, the market is dynamic, textbook stuff can never mimic the forces of the market.

Ronald K - Market Psychologist - The Big Speculator

Bank Of America - Bottom Fishing

Many people say buying at the very bottom and the next few days when it rallied, that's luck and vice versa for shorting at the top. During my 1 year+ of blogging, I had managed to prove that everything in this world is possible. My track and trade record is recorded in every part of this blog and ya'll can verify it for yourself as my actions speak louder than words. Even though at times I made a wrong call or I don't fish right at the bottom right like Hyflux, I am still able to make money the very next day because I understand psychology. Not only that, I had managed to break the traditional approach where most traders/investors think that traditional indicators like support and resistance or price or vol is the thing to look out for turning signals, I developed my K Theory strategy one up above those indicators so that it gives me that extra boost, confidence and conviction to trade heavily without any fear or whatsoever.

On Dec 19th 2011, I alerted one of my friend to watch out for Bank of America because I saw BBs causing mental stress to investors/traders by jaw dropping the price, however their intention was to buy heavily so a rally can be conducted. This friend of mine is in the US so I chatted with him during the Asia hours on Dec 19th and I believe he bought BAC at the opening on Dec 20th. From the day I made the call till today, the stock almost went up 1 dollar and he is smiling now because he bought 75 lots of BAC at the bottom. Now, I don't usually monitor US stocks but BAC is my favorite because there was heavy buying activity. The question is how do I know at Dec 19th, the stock was due for rally? For those who are interested, email me and I shall give you the answer.

And finally, to all those who inspired to trade like me, I just want to tell you that everything is possible. Trust yourself and don't let anyone put you down. Like the famous martial arts expert Bruce Lee, he managed to turn the impossible to possible by breaking many barriers in his kung fu journey and that's why until today, he is remembered as the best of the best and a living legend in his league.

Ronald K - Market Psychologist - The Big Speculator

Hyflux - Game Over?

On Dec 30th 2011, I said I love this stock at this juncture because I believe there was still further upside as Hyflux still had room to rocket, http://stockmarketmindgames.blogspot.com/2011/12/hyflux-bull-charged.html I blogged about it and everyone saw it. Raymond called me 2 days later for some discussion and I told him about Hyflux too and I believe he bought the next day and profited from it. On Jan 3rd 2012, I posted that I was out of Hyflux. http://stockmarketmindgames.blogspot.com/2012/01/gmg-great-activity-what-volume.html I did not state any reasons but if one would to know how I trade, and if I exited a trade, that most probably I saw shorting/selling taking place. There is no reason for me to exit a trade if I see much more profits ahead.

Can anyone spot the turn in Hyflux? I posted on FB and have yet to received any replies/answers. Why was the turn Jan 3rd 2011 and why when STI was bullish yesterday, Hyflux did not run further? Till now, no one can give me an answer. If you are interested to know, you can email me.

So today where is Hyflux? You can judge from the chart itself. So is the game really over for Hyflux? I don't know the answer but short term wise I am not looking at this stock anymore. Will it turn to the upside? I also don't know until I see BBs trying to buy in again. Whatever it is, I think Hyflux needs to take a breather first before any upmove is possible. However before it starts to breakout again, I shall be in before anyone else. Stay tune for more updates. :)

Ronald K - Market Psychologist - The Big Speculator

Stock Market Mind Games - Course Shutdown

I have decided to shutdown my school of mind games courses as I don't see a need for it as is not my main objective to make money off from public nor it's my main source of income. I prefer to be a speculator and speculate stocks than to get easy money from teaching. The experience and knowledge I got from speculating is far superior than teaching. I already have people lining and saving up to pay me tens of thousands of dollars, however I rejected all of them simply because today money is not an issue to me anymore, and there are the intangible things like family and relationships which are far more important in my life now. Those who had attended my course before, you are the ones who benefited and we shall always keep in touch and cherish the relationships we build. I started this blog as a diary to keep my trading thoughts and see where am I everyday and not to earn money off from anyone. Whatever I do, be it seminar or knowledge sharing shall be all free. You can buy my knowledge, but you can never buy my experience and memory where it takes years to master it. Maybe one day when I feel like, I will start teaching again, who knows?

Ronald K - Market Psychologist - The Big Speculator

Yanlord - The Hidden Tiger

On Dec 29th, I alerted one of my friends to watch out for yanlord for it's readiness to breakout. I think he cut loss too many times and lost his confidence. But well, it's more or less ready for a breakout as the BBs are performing some final activities before conducting a breakout. Yesterday, it finally broke out and I was already out. I told this to a fan of mine on 29th Dec too and I believe he bought some on Friday and have made it yesterday. He emailed and thank me yesterday and today. I appreciate his kind gesture and it really touched me.

I am having a seminar soon in the coming weeks/months. It depends on the organizer availability. This time round, it shall be sold out as I had people already start asking to reserve. Sorry to disappoint but no reserving, it's on first come first serve basis. I shall post once I am given the greenlight. Everyone is welcome. More importantly, it will be and shall be FREE!

Ronald K - Market Psychologist - The Big Speculator

GMG - The Great Activity! What Volume??

On 28th Dec, I posted on my blog to watch out for rallies in penny stocks. http://stockmarketmindgames.blogspot.com/2011/12/sti-penny-stocks.html I don't know how many people watch it but it's ok as long as I know what is happening in the market during that period of time and made money out of it, then I am happy I made the right call. On Dec 28th morning, a friend of mine SMSed me and asked me some queries and I answered. You can see the attached. More importantly, I said both gallant and GMG were not ready to run that day. Today it ran and I am again in at the bottom. Of course, for those who knows how I trade, I like averaging up. See the attached GMG 1 min chart, there is no volume when I bought. Over the weekend, I talked to Raymond and told him that GMG and Hyflux is going to rally this week and I believe he bought some this morning. Same goes to you Jack, YL, Jason and some others who I feel comfortable talking to on GMG. You guys can verify my words that I gave my calls before any breakout or volume is seen.

The question is how do I know today GMG will run and Hyflux will continue it's charged? Oh by the way, I am out of Hyflux. I don't care how high it goes, but money in pocket for me first. Do I looked at volume where most people are looking at? Volume to some is powerful because some says it tells you BBs are buying/selling. However until now I have not met someone that can tell me when a stock is ready to move at the correct time, maybe besides Robin. At my present stage, the K Mind, K Wave and K Turn to me is far superior than any traditional indicators. I won't condemn price or volume as I respect it's accuracy, but everyone is different. If something works for you all the time and you are able to buy low sell high and sell high buy low, then that method is a good method as it gives you that extra confidence in the way you punt this market. For those who are interested, you can email me. For those who hated and condemn me, I will still tell you as I don't hold grudges. All is welcome to email me.

Ronald K - Market Psychologist - The Big Speculator

STI - Mixed

With the holiday season over, what would be the next direction for STI today? I believe I can only say it might be mixed. I will be watching noble and some other pennies for direction. Noble and the pennies will tell me what is the next direction for STI and I shall know soon. :)


UPDATE 3/1/2011 2:22PM.

I was wrong again. But that's ok, because some counters showed me handsome profits. :)

Ronald K - Market Psychologist - The Big Speculator

Hyflux - Bull Charged

As I was observing and punting some pennies, Hyflux caught my attention the most. I already observed Hyflux's unusual activity yesterday as I post it on my blog. http://stockmarketmindgames.blogspot.com/2011/12/sti-penny-stocks-2.html but today, it rocketed even more which caught many by surprises. I love this stock at it's current juncture now.

Ronald K - Market Psychologist - The Big Speculator

STI - Window Dressing?

A lot of people say today shall be window dressing where the market should artificially be green . Personally for me, be it window dressing or season holidays, as long as there is a market to be traded and as long as traders are participating, then there is money to be made. I don't look at macro picture like Nov/Dec is a holiday month or Oct is normally a bad month for stocks etc..Those are just traditional adage with no corroborated evidence. What happened in the past doesn't necessarily mean it will happen in the future. If it is so true, then everyone can make money without studying market conditions. Today I shall watch Yanlord as I believe on it's readiness to move. I am still focusing on the pennies until the pennies' season is over.

UPDATE 30/12/2011, 9:44AM

Tested some lots with Yanlord, it's best to watch and not the time to punt yet as of writing now.   

Ronald K - Market Psychologist - The Big Speculator

STI - Penny Stocks 2

Wow, as predicted, so many penny stocks are releasing their power to charge. Below are some.

Dyna-Mac
Hyflux
Ramba
PerennialCRT
IEV
Mewah
swiber
yangzijiang

Ronald K - Market Psychologist - The Big Speculator

Yoma - Excitement

Watch Yoma, short term wise, money could be made on the short side. Most BBs have taken profits and they are looking for opportunities to put out shorts.

Ronald K - Market Psychologist - The Big Speculator

STI - Penny Stocks

Watch as some penny stocks are ready to rally.

UPDATE 28/12/2011, 10:48PM 

Stocks like IEV and Midas rallied, but they closed weak. :(

Ronald K - Market Psychologist - The Big Speculator

STI - Flat

Watch as we have flat trading session again with reactions here and there.

UPDATE 27/12/2011, 8:35PM

We indeed experienced flat trading with reactions here and there.

Ronald K - Market Psychologist - The Big Speculator

Merry Christmas

Merry Christmas to yall. Last week I said this week we shall see a rally and indeed we saw one. Although it was not strong, this could be due to season holidays that's why there was low volume trading and most of the traders were out. Shall this rally I predicted at the correct timing with the superb K Turn multiply everyone's pocket size with the maximum amount of profits. God Bless. :)

Ronald K - Market Psychologist - The Big Speculator

Noble - Yanzhou to Buy Gloucester Coal for A$700 Mln

Yanzhou Coal Mining Co. (1171) agreed to acquire Gloucester Coal Ltd. for about A$700 million ($709 million) and a 23 percent stake in its Australian unit, gaining mines and port capacity in the largest coal-exporting nation.

Under the plan, Sydney-based Gloucester will merge with Yancoal Australia Ltd., and Yanzhou will own 77 percent of the new company, the Chinese coal producer said yesterday in a statement. Gloucester stockholders will receive A$3.20 a share in cash, it said.

Buying Gloucester, controlled by Noble Group Ltd. (NOBL), will add four coal projects and access to ports in Australia, where Yanzhou operates six mines. Yanzhou plans to boost annual output there to about 30 million metric tons from about 16 million tons in the next five years to help meet growing demand from China, UBS AG said in a Dec. 20 note, citing an investor presentation.

“Yanzhou Coal wants to make sure its coal-mine portfolio in Australia is strong enough to support its production growth in years to come,” said Felix Lam, a Hong Kong-based analyst at Daiwa Securities Capital Markets Co. “The port facilities are of strategic importance because they will allow it to connect its mining sites directly to marine transportation.”

Yanzhou’s board approved the transaction, the company said in an earlier statement. It’s advised by Citigroup Inc., UBS and Goldman Sachs (Asia) LLC, as well as by law firms Freehills, Baker & McKenzie and King & Wood. Gloucester is advised by Lazard Ltd. and Noble by Blackstone Group LP.

Coal Deals Increase

Coal deals involving companies in Australia swelled to more than $11 billion this year from $9.44 billion in 2010, according to data compiled by Bloomberg. The biggest transaction was Peabody Energy Corp.’s $4 billion takeover of Macarthur Coal Ltd. in July. The average premium paid globally this year in coal acquisitions is 19 percent, the data show.

Yanzhou also offered a payment of as much as A$3 a share should the stock fall below A$6.96 in the 18 months after the deal closes, according to the statement. The so-called value protection clause and the dividend payment imply a value of A$2.2 billion for Gloucester, a person with knowledge of the matter said, declining to be identified.

Calls to Marie Festa, director of investor relations at Gloucester Coal, went unanswered after normal business hours.

Australian Trading

Yancoal Australia will replace Gloucester on the country’s stock exchange, allowing Yanzhou to use the purchase as a means of listing its Australian assets. Gloucester closed at A$7.03 in Sydney on Dec. 19 before trading in the shares was suspended.

Yancoal Australia is required to list at least 30 percent of its local assets by the end of 2012 as part of conditions attached to its A$3.1 billion takeover of Felix Resources Ltd. in 2009.

“Upon completion of the merger proposal we will have made a significant step toward meeting all the undertakings including a listing of Yancoal core assets,” Yanzhou said in the statement. Some of those assets aren’t included in the merger plan, which is subject to approval from Chinese and Australian regulators, and from Gloucester holders, the statement shows.

Yanzhou can profit from shipping coal back to Asia rather than relying on local markets. It’s among producers expanding as demand from power utilities and steelmakers rises, while asset prices drop. Global consumption of the fuel is projected to climb by an annual 2.8 percent in the six years to 2016, driven by China’s economic growth, the International Energy Agency said this month.

Yancoal Expansion

Yancoal may spend more than $1 billion buying mines in Australia, Murray Bailey, managing director of the unit, said in a September interview. Yancoal had net income of A$415 million for the year to Dec. 31 and debt of A$3.3 billion, according to a statement on its website.

Noble, a Singapore-listed commodities supplier, owns 64.5 percent of Gloucester (GCL), according to data compiled by Bloomberg. Noble, whose main business involves trading and shipping bulk commodities including coal, took control of the company in 2009 when it offered A$7 a share. Chief Executive Officer Ricardo Leiman quit last month after Noble reported a quarterly loss.

Noble shares have declined 45 percent this year in Singapore.
Yanzhou this month proposed selling as much as 15 billion yuan ($2.4 billion) in bonds over three years. Buying Gloucester would be Yanzhou’s fourth acquisition in Australia following the Felix takeover, the purchase of coal developer Syntech Resources Pty for A$202.5 million in August and two coal subsidiaries of Wesfarmers Ltd. in September for A$296.8 million.


Ronald K - Market Psychologist - The Big Speculator

Noble - Yanzhou Said to Offer Cash, Australia Unit Stake for Gloucester Coal

Yanzhou Coal Mining Co. (1171) offered about A$700 million ($709 million) in cash and a 23 percent stake in its Australian unit for Gloucester Coal Ltd. (GCL), said two people with knowledge of the matter.

Under the proposal, Gloucester Coal will be merged with Yancoal Australia Ltd., and Yanzhou will own 77 percent of the new company, said the people, who declined to be identified because the terms aren’t public. Gloucester Coal shareholders will receive A$3.20 in cash per share, on a fully diluted basis, the people said.

Buying Gloucester, controlled by Hong Kong-based Noble Group Ltd. (NOBL), will add four coal mines and access to ports in Australia, where Yanzhou operates six mines. Yanzhou plans to boost production there to about 30 million metric tons from about 16 million tons over the next five years to help meet growing demand from China, UBS AG said in a note dated Dec. 20, citing an investor presentation.

Yanzhou Coal also offered a payment of as much as A$3 per share should the stock fall below A$6.96 in the 18 months after the deal closes, the people said. The so-called value protection clause, and the dividend payment imply a value of A$2.2 billion for Gloucester, one person said.

Gloucester Coal closed at A$7.03 in Sydney trading on Dec. 19, before trading in the shares was suspended. Yanzhou Coal plans to use the purchase as a means of listing its Australian assets, a person with knowledge of the matter said earlier this week.

Zhang Baocai, Yanzhou Coal’s board secretary, declined to comment on details of the deal. Calls to Marie Festa, director of investor relations at Gloucester Coal, went unanswered after normal business hours.


Ronald K - Market Psychologist - The Big Speculator

STI - Reactions

Today, the market could experience some minor reactions in the morning and gradually trend higher maybe? I shall watch.

Ronald K - Market Psychologist - The Big Speculator