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Tom Scollon

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From farmer to high school teacher to successful investor and financial advisor, Tom Scollon's career path has been diverse. Yet this interesting mix has resulted in far-reaching experience in a range of industries and enabled him to enjoy unmitigated success trading the markets. He has invested successfully on the Australian stockmarket for more than 20 years trading equities, options and other financial instruments using technical analysis techniques to determine trends and chart market movements. Tom believes that studying simple trends such as price and volume can reveal much about a stock’s prospects. He uses technical indicators such as “On Balance Volume”, “Bollinger Bands” and “Elliott Wave” to predict where the market might head next. He is a great teacher and in his articles he translates his views into easy-to-understand concepts for all levels of traders, and has thus developed a strong following over the years.

Latest Posts

Regional Outlook - Asia

13 Jan, 2012
This week we look at regional indicators in response to a request from Kevin:

Most of you don't care

6 Jan, 2012
It seems you don’t care about the markets at the moment. You are either still on holiday or pretending a new year hasn’t started.

Any good news for 2012?

23 Dec, 2011
‘Due to recent budget cuts, the light at the end of the tunnel has been turned off’. So jested an Irish cousin of mine recently on Facebook.

OZ Banks look shaky

16 Dec, 2011
Many Australian retirees who are relying on banks shares are feeling insecure about the next two to three years.

BHP Vs RIO

9 Dec, 2011
Which is the better prospect for traders?

Risks for BHP

2 Dec, 2011
(Written Wednesday November 30.) The trend for BHP appears to be to the downside.

What price Apple?

25 Nov, 2011
Apple has had a strong upward trend for the last three years, at one point growing by more than 500% from a low of around $80 in late 2008:

Buffett talking up his own book

18 Nov, 2011
It has been widely reported that Warren Buffett has been buying ‘Big Blue’, aka IBM, through his investment company, Berkshire Hathaway.

Cricket more interesting than Sensex

11 Nov, 2011
When I look at the Sensex (Bombay Stock Exchange), I see very few investors. It’s as if India has turned its back on the market and gone to watch the cricket, which they should enjoy as it’s doubtful the West Indies can match it with the Indians.

Stalking BHP

4 Nov, 2011
If you have ever stalked wild animals in Africa (hopefully to photograph, rather than shoot them), you will know it can take quite a bit of time to get the ‘shot’ you want.
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