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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

You Went Away in May and You are Still Away

3 Aug, 2007
For all those who berated me in May about my reference to the adage 'sell in May and go away' maybe you want to give some credence to what has been a long-term habit of the market. And this year has been no different.

What Money BHP?

6 Jul, 2007
BHP which was fondly known as the 'Big Australian' is now large by any world measure and is quoted on numerous indices and bourses worldwide.

The End Is Not Nigh

29 Jun, 2007
You might have been forgiven for thinking on last Wednesday that we were witnessing the beginning of the end. Well in some investors' (or commentators!) minds it is the end of the big Bull Run.

Would You Like an A, B, H or an S?

8 Jun, 2007
Well what is he on about now? That very, very hot China market! There are few markets that are watched so intently as Shanghai's index.

Beat The Bowser

25 May, 2007
If you hadn't noticed petrol prices are on the march again and if you haven't felt the pinch yet you will when petrol heads for $1.50/1.60/litre.

You Surprise Me

11 May, 2007
It is always nice to be surprised to the upside - or at least in an interesting or positive way.

You're Worrying Again

30 Mar, 2007
You are not really convinced about the markets yet, are you? You are holding back. I can see it on the charts.

Someone's Been Having FUN

23 Feb, 2007
On Monday February 19, 2007 at 10:11:39 a.m. Funtastic (FUN) announced they had a ‘takeover approach’.

Ben and Bonds at Odds

18 Dec, 2006
Bond traders the world over have a reputation for pushing their case too far, but it is the market's natural tendency to over shoot in both directions - upwards and downwards that keeps traders happy.
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