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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

Watching Paint Dry

23 Jul, 2010

Yes the markets are a bit like that at the moment. Take a look at the DOW:

To Have and To Hold

19 Jul, 2010
Well it is a beautiful concept and one to strive for when it comes to relationships.

Around and Around the Mulberry Bush

12 Jul, 2010
It always amuses me when I hear Wall St and Europe were down ‘on the back of falls in the Asian markets – the previous day.

Where is the Low?

5 Jul, 2010
Although in asking this question the reverse question could also apply. Where is the high?

You Just Never Know What is Around the Corner

28 Jun, 2010
Yes I know it is cliché to say such. But as I watched the Kevin Rudd spill – an extraordinary fall from grace in a very short period from giddy popularity heights.

Consensus Worries this Little Mind

21 Jun, 2010
At the moment – or I guess strictly speaking ‘around this time’ – so many markets are showing a consensus Elliott pattern. Let’s look at a few examples:

Safe Haven Shines Light Brightly

14 Jun, 2010
Gold is regarded by many as a safe haven when the going in the world gets tough. It can be a brightly shining lighthouse.

Lil Aussie Battler

4 Jun, 2010

Once a year I like to write about the Aussie dollar although I do not get into the serious technical’s as this is the domain of our specialist currency expert, Matt Barnes.

Classic Elliott?

28 May, 2010

Although picking short term moves is not a walk in the park at the moment, the medium term Elliott outlook is less difficult and in fact shaping up to be a classic Elliott set up.

Is the end nigh?

24 May, 2010
At SharesBulletin - www.sharesbulletin.com.au – we issue intra week updates when markets go AWOL as we saw this week. In fact we issued two this week – and there may be more to come.
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