On March 20th, I made a post in the forum and on my blog that Capitaland's actual bottom was soon. At that time the stock was crashing and everyday it's dipping down like nobody business No one would believe what I said because to fish the actual and real bottom, one would need to have the guts and conviction to go long at the BOTTOM and not buy when it breakouts.
http://stockmarketmindgames.blogspot.sg/2014/03/capitaland-recovered-to-272.html
Today the news was released and Capitaland gap up to a high of 3.1/3.11. Capitaland is taking over CapsMallAsia and everybody in the forum was talking in delight about this piece of good news but NOT when the price was attractive back then. It's very normal, human loves confirmation signal but Ronald K madly love high probability signals. Don't buy when you see the obvious, buy only when the obvious is unobvious.
This whole Capitaland saga was the aftermath and resultant of my call on March 20th when the price was trading at 2.68/2.69 and I don't post that often in forums anymore. It seemed as though the charts can be used to do forward projection and deciphering of the future price to come by using Mind Analysis. When everyone is in fear in disbelieve, that's where I would come in to sweep the stock at good wholesale prices at the correct timing. Buy on rumors and sell on news is a good old adage.
During that day on March 20th, I still remembered the BBs created enough panic and flushes to wipe out the public so that they could absorb exorbitant low wholesale prices and conduct a rally we see in Capitaland today! Congrats to those who went long that day. :)
RH PetrolGas continued to inch higher!!!
http://stockmarketmindgames.blogspot.sg/2014/04/rh-petrol-gas-super-intraday-call.html
Ronald K - Market Psychologist - The Big Speculator
