Adam's Family...

Its creepy and its kooky , its really kind of ookey....

Jokes aside , strange things are happening with the markets at the moment. Everybody is talking about the equity markets moving higher and how bright and rosey the economy is moving , but Gold , the precious metal , that people have stored wealth in in times of trouble and uncertainty for hundreds of year continues to inch higher. A the time of writing its trading at $1,015 US a ounce.

Equity markets moving up and Gold moving up at the same time are not the norm. Normally when this happens , one of these are out of place. We have had a strong up trend since our Buy market alert back in March , the uptrend in Gold has only just started. This is telling us that we are about to get a change in the equity markets sometime soon , and the further this imbalance continues , the bigger the move will be...

Ronin Asset Management Pty Ltd trading as Cashflow Trader is an Authorised Representative (No. 333209) of Sonray Capital Markets Pty Ltd AFSL 231151 and we do not endorse or vouch for the accuracy or authenticity of postings and no responsibility is accepted for any opinion expressed or for any error or omission that may have occurred herein. Posters are individually responsible for the accuracy and authenticity of their postings. Unless specifically stated, Posters on this blog are not investment advisers and do not hold the necessary licence or have any formal qualification to give investment advice. All postings are of the nature of general information only and must not in any way be construed or relied upon as legal, financial or professional advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of any investment for your circumstances. www.asic.gov.au has a list of licensed advisers and www.fido.gov.au provides general guidance about investing. The nature of the internet may make it hard to identify or locate the Poster. Securities cannot be offered to you for sale or issue through postings and it is advisable that you alert Ronin Asset Management or ASIC Infoline on 1300 300 630 if you have good reason to suspect that any postings are inaccurate, are based on inside information or are likely to mislead or deceive people who view or use the postings. Posters may comment optimistically or pessimistically on stocks in an attempt to influence other investors. It is not possible for Ronin Asset Management to moderate all posts. Some misleading and inaccurate information may appear and if you have concerns with a post, you must report the violation to us immediately.

Check this out, found it on bloomberg today. Gottal love our Gov't selling us down the drain 2 generations out from now.

Chevron Corp. Exxon Mobil Corp. and Royal Dutch Shell Plc agreed to invest in the AUD$37 billion Gorgon natural gas venture only after Australia’s government assumed liability for potential damages hundreds of years from now. That may set a precedent in this resource rich nation.

What the hell do they think they are doing?????

Ronin Asset Management Pty Ltd trading as Cashflow Trader is an Authorised Representative (No. 333209) of Sonray Capital Markets Pty Ltd AFSL 231151 and we do not endorse or vouch for the accuracy or authenticity of postings and no responsibility is accepted for any opinion expressed or for any error or omission that may have occurred herein. Posters are individually responsible for the accuracy and authenticity of their postings. Unless specifically stated, Posters on this blog are not investment advisers and do not hold the necessary licence or have any formal qualification to give investment advice. All postings are of the nature of general information only and must not in any way be construed or relied upon as legal, financial or professional advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of any investment for your circumstances. www.asic.gov.au has a list of licensed advisers and www.fido.gov.au provides general guidance about investing. The nature of the internet may make it hard to identify or locate the Poster. Securities cannot be offered to you for sale or issue through postings and it is advisable that you alert Ronin Asset Management or ASIC Infoline on 1300 300 630 if you have good reason to suspect that any postings are inaccurate, are based on inside information or are likely to mislead or deceive people who view or use the postings. Posters may comment optimistically or pessimistically on stocks in an attempt to influence other investors. It is not possible for Ronin Asset Management to moderate all posts. Some misleading and inaccurate information may appear and if you have concerns with a post, you must report the violation to us immediately.

Telstra breaking up is something that was always going to be on the cards for the company. Having a look at it, is this good for Telstra shareholders? If we look at other large Telco’s globally that have gone through this sort of break up, the result is almost always cheaper costs for consumers , but the number of customers in total , and normally by a significant factor. In this case I don’t think that we will see that, regardless of what the media and the government say, we have pretty solid competition in mobile and long distance and comparable costs for other countries (i.e. UK and US) do not have a major amount of difference in pricing.

Telstra is a vertically integrated company, meaning that it does everything to do with Telecommunications in this country in one form or another. The government is proposing that Telstra be broken up and this can actually be of great benefit for both the company and the shareholders over the medium to long term. If they do break up the company then a couple of different things will have to happen.

The assets will have to be either sold, spun off or a combination of the two. If the assets are sold for Cash, then the company has do something with that Cash, they could either do a special dividend (high possibility considering the past record of special dividends), capital return (unlikely as they have a lot of franking credits that need to be used), pay down debt (unlikely as they have one of the most under geared balance sheets out there) or they spin the businesses off and float them releasing value that way and solving there problem at the same time.
When is comes to companies listing on the stock exchange, the sum of its parts being greater than the whole is very true. Diversified companies tend to not specialize and become a jack of all trades and master of none. A good example of a Telco that has concentrated its attention on a particular business is Vodafone; it concentrates on Mobile and over the last 15 years has grown dramatically outside its native UK to cover most of the globe. Breaking up of Telstra should unlock a lot of value both short term and if it’s done correctly the long term as well.



Ronin Asset Management Pty Ltd trading as Cashflow Trader is an Authorised Representative (No. 333209) of Sonray Capital Markets Pty Ltd AFSL 231151 and we do not endorse or vouch for the accuracy or authenticity of postings and no responsibility is accepted for any opinion expressed or for any error or omission that may have occurred herein. Posters are individually responsible for the accuracy and authenticity of their postings. Unless specifically stated, Posters on this blog are not investment advisers and do not hold the necessary licence or have any formal qualification to give investment advice. All postings are of the nature of general information only and must not in any way be construed or relied upon as legal, financial or professional advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of any investment for your circumstances. www.asic.gov.au has a list of licensed advisers and www.fido.gov.au provides general guidance about investing. The nature of the internet may make it hard to identify or locate the Poster. Securities cannot be offered to you for sale or issue through postings and it is advisable that you alert Ronin Asset Management or ASIC Infoline on 1300 300 630 if you have good reason to suspect that any postings are inaccurate, are based on inside information or are likely to mislead or deceive people who view or use the postings. Posters may comment optimistically or pessimistically on stocks in an attempt to influence other investors. It is not possible for Ronin Asset Management to moderate all posts. Some misleading and inaccurate information may appear and if you have concerns with a post, you must report the violation to us immediately.

The Oracles view on Telstra

Man when will those stupid .......'s in Gov't come to grips with the fact the TLS is a listed entity and they can't just go shooting their politically agendered mouths off about what they want to do. My parents own Telstra (poor buy and hold people that they are) as part of their Super that they now have to live on. I don't think I will be asking their opinion on this for a few days yet.

Ok I have vented now and got the ohhh poor investors stuff out. From here it's lets look at the opportunity that should present itself. The chart below shows a few months of the TLS beast in it's emporers new clothes (in other words bare assed look). The orange line is the all time low and I find it very interesting that the 150% fib retracement from the previous rally is almost on top of this line.

If I was a opportunistic trader (and I am) I might in my one persons loss is anothers opportunity kind of way be looking to possibly, hypothetically......... Well you get the idea!

Sorry mum and dad, but I know you really want your son to be a success.....

Ronin Asset Management Pty Ltd trading as Cashflow Trader is an Authorised Representative (No. 333209) of Sonray Capital Markets Pty Ltd AFSL 231151 and we do not endorse or vouch for the accuracy or authenticity of postings and no responsibility is accepted for any opinion expressed or for any error or omission that may have occurred herein. Posters are individually responsible for the accuracy and authenticity of their postings. Unless specifically stated, Posters on this blog are not investment advisers and do not hold the necessary licence or have any formal qualification to give investment advice. All postings are of the nature of general information only and must not in any way be construed or relied upon as legal, financial or professional advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of any investment for your circumstances. www.asic.gov.au has a list of licensed advisers and www.fido.gov.au provides general guidance about investing. The nature of the internet may make it hard to identify or locate the Poster. Securities cannot be offered to you for sale or issue through postings and it is advisable that you alert Ronin Asset Management or ASIC Infoline on 1300 300 630 if you have good reason to suspect that any postings are inaccurate, are based on inside information or are likely to mislead or deceive people who view or use the postings. Posters may comment optimistically or pessimistically on stocks in an attempt to influence other investors. It is not possible for Ronin Asset Management to moderate all posts. Some misleading and inaccurate information may appear and if you have concerns with a post, you must report the violation to us immediately.

Party with the Oracle

It's amazing what people will do for a piece of free software, just got an invite to host a Windows 7 launch party, (too long in bed with Microsoft I guess), will keep you guys informed as to when and where over the next couple of weeks.

Ronin Asset Management Pty Ltd trading as Cashflow Trader is an Authorised Representative (No. 333209) of Sonray Capital Markets Pty Ltd AFSL 231151 and we do not endorse or vouch for the accuracy or authenticity of postings and no responsibility is accepted for any opinion expressed or for any error or omission that may have occurred herein. Posters are individually responsible for the accuracy and authenticity of their postings. Unless specifically stated, Posters on this blog are not investment advisers and do not hold the necessary licence or have any formal qualification to give investment advice. All postings are of the nature of general information only and must not in any way be construed or relied upon as legal, financial or professional advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of any investment for your circumstances. www.asic.gov.au has a list of licensed advisers and www.fido.gov.au provides general guidance about investing. The nature of the internet may make it hard to identify or locate the Poster. Securities cannot be offered to you for sale or issue through postings and it is advisable that you alert Ronin Asset Management or ASIC Infoline on 1300 300 630 if you have good reason to suspect that any postings are inaccurate, are based on inside information or are likely to mislead or deceive people who view or use the postings. Posters may comment optimistically or pessimistically on stocks in an attempt to influence other investors. It is not possible for Ronin Asset Management to moderate all posts. Some misleading and inaccurate information may appear and if you have concerns with a post, you must report the violation to us immediately.

Welcome to the weekend

Well I have to say this week is starting to show the way things are going to be in the future. At last the mrkets are starting to show some signs of exhaustion. As the bear said gold is getting a bit of momentum behind it and as much as I don't really follow the price of crude (I just complain abut the price of fuel at the bowser), I can see what he is talking about. The ASX had another week of gains and it is going to be interesting to watch the launch of Myers into the world of listed entities. Have a great weekend and see you next week.

The Oracle

Ronin Asset Management Pty Ltd trading as Cashflow Trader is an Authorised Representative (No. 333209) of Sonray Capital Markets Pty Ltd AFSL 231151 and we do not endorse or vouch for the accuracy or authenticity of postings and no responsibility is accepted for any opinion expressed or for any error or omission that may have occurred herein. Posters are individually responsible for the accuracy and authenticity of their postings. Unless specifically stated, Posters on this blog are not investment advisers and do not hold the necessary licence or have any formal qualification to give investment advice. All postings are of the nature of general information only and must not in any way be construed or relied upon as legal, financial or professional advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of any investment for your circumstances. www.asic.gov.au has a list of licensed advisers and www.fido.gov.au provides general guidance about investing. The nature of the internet may make it hard to identify or locate the Poster. Securities cannot be offered to you for sale or issue through postings and it is advisable that you alert Ronin Asset Management or ASIC Infoline on 1300 300 630 if you have good reason to suspect that any postings are inaccurate, are based on inside information or are likely to mislead or deceive people who view or use the postings. Posters may comment optimistically or pessimistically on stocks in an attempt to influence other investors. It is not possible for Ronin Asset Management to moderate all posts. Some misleading and inaccurate information may appear and if you have concerns with a post, you must report the violation to us immediately.

Something smells fishy....

We are at the turning point of something in the markets. We have a 3 thrust pattern at the top of an up trend in the XJO at the moment. This is a strong indication of a trend that is struggling to make further headway.

We have been keen on gold for a while now , and from the chart you can see why. It has broken of a triangle pattern which has a target that is a good 30% higher than where the price is at the moment.

Now from the attached charts on some of the major crosses with the US Dollar , it is not looking good for it.

Stock Indexes Stalled

US Dollar potentially weakening

Gold break out to the long side.

All these are coming together at the same time. We are potentially due some sort of shock to the market with all these turning points coming together at the some moment in time.

Interesting times ahead Be careful of anything with a big US Dollar exposure. Have a good day

Good Hunting

Bear

Ronin Asset Management Pty Ltd trading as Cashflow Trader is an Authorised Representative (No. 333209) of Sonray Capital Markets Pty Ltd AFSL 231151 and we do not endorse or vouch for the accuracy or authenticity of postings and no responsibility is accepted for any opinion expressed or for any error or omission that may have occurred herein. Posters are individually responsible for the accuracy and authenticity of their postings. Unless specifically stated, Posters on this blog are not investment advisers and do not hold the necessary licence or have any formal qualification to give investment advice. All postings are of the nature of general information only and must not in any way be construed or relied upon as legal, financial or professional advice. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of any investment for your circumstances. www.asic.gov.au has a list of licensed advisers and www.fido.gov.au provides general guidance about investing. The nature of the internet may make it hard to identify or locate the Poster. Securities cannot be offered to you for sale or issue through postings and it is advisable that you alert Ronin Asset Management or ASIC Infoline on 1300 300 630 if you have good reason to suspect that any postings are inaccurate, are based on inside information or are likely to mislead or deceive people who view or use the postings. Posters may comment optimistically or pessimistically on stocks in an attempt to influence other investors. It is not possible for Ronin Asset Management to moderate all posts. Some misleading and inaccurate information may appear and if you have concerns with a post, you must report the violation to us immediately.

Gold , all that glitters is Gold

Time to have a watchful eye on the precious metal. We have a large and solid consolidation pattern at the moment which has been over 6 months in the making in Gold. We have seen the beginnings of a break out whihch could see a very solid run in both the physical commodity and gold stocks that are nicely leveraged to any upside movement in price.

Watch very closely , that $USD1000 level will be broken and a $USD1200 to $USD1300 target is easily achieveable.