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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

US Bonds A Fair Chance

4 Sep, 2006
The USA Federal Reserve has made 17 consecutive .25% interests with the last resting level being 5.25%. There is possibly one more to go - who knows in this fickle world.

Back To Big Picture Analysis

14 Aug, 2006
In my recent column for Your Trading Edge magazine, I took the words from that great Welsh classic film of the 40’s "How Green Was My Valley".

You're Hocked To The Hilt

10 Jul, 2006
The Reserve Bank left interest rates on hold this month – but this is not to say that interest rates will not rise before year end.

True Believers Smashed

29 May, 2006
The last few days have demonstrated how merciless the markets can be. In the last several months - in fact over the last three years - we have seen how perky the market can be. But now we see a very different mood.

Where To The DOW?

1 May, 2006
Here in Australia, with our share market roaring along, it is easy to forget the DOW Jones which is, after all, the world's leading share market indicator.

Gold US$1,000?

24 Apr, 2006
This is a headline I saw this week in the financial section of a major daily. And I thought, 'someone is dreaming again'.

Be Happy, Enjoy The Good News

3 Apr, 2006
Yes I know you have heard it before; 'all news is good news.' For the moment it is. The DOW is climbing despite 15 consecutive interest rate hikes.

RIO To Set New Record

27 Mar, 2006
In the USA market, stocks commonly have prices in excess of $100 - the Berkshire Hathaway price (BRK) is almost US$90,000!

Confused About The Markets?

20 Feb, 2006
Is it time to buy? This issue is never clear cut and I always maintain that at such times there are no neon lights flashing saying - "buy me... buy me".
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