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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

Gain and Pain

20 Dec, 2007
I hope opening with the chart for the All Ords won’t bring back too many scary memories:

US Investors Pout

14 Dec, 2007
The US markets had an extraordinary move up during the last week or so in anticipation of a 50 point move on interest rates by the Fed.

Will Ye No Come Back Again

7 Dec, 2007
The Scottish traditional ‘Will ye no come back again’ that laments the prospect that Bonnie Charlie may not return reminds me of metals.

Where Are You Now?

30 Nov, 2007
When you look at a line chart of the DOW or All Ordinaries and ask investors to look back and point to where they would like to have bought in, almost without exception they point to the major retreats that we call ‘pullbacks’.

Just Black

23 Nov, 2007
The word ‘black’ means different things to different people.

What To Do?

16 Nov, 2007
Markets are tough right now – an understatement you might say. So what to do?

Know your weightings

9 Nov, 2007
As I am sure most of you know sharemarkets are divided into sectors. For example Financials excluding property is about 40% of the Sharemarket, Materials is about 20%, and Industrials are about 8%.

Glory of Gold

2 Nov, 2007
Gold attracts a disproportional level of interest. Gold and gold stocks weigh minutely on the market compared with, say, base metals.

DOW is in the Zone

26 Oct, 2007
In the near term the DOW has arrived. There is not a lot more major travel for the time being – up or down – even though you may ‘feel’ the market is a little frenetic and the media/analysts beat it up.

Hot Copper

19 Oct, 2007
Metal prices have risen at an extraordinary rate in recent years. You can see from the weekly chart below that prices have risen five-fold in less than five years for Hi Grade copper, a benchmark metal.
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