Sell Into the Rallies Tom Scollon 19 May, 2003 I should elaborate on my view on what a rally is. A rally can be a short-lived recovery or it can be the final spurt at the end of a long-term trend up.
Note From the Editor Tom Scollon 19 May, 2003 In Issue #4 28 April I spoke about the likelihood of retracement of the Australian stock market and since then the market has been in steady decline.
“… What is the situation with BHP”? Tom Scollon 12 May, 2003 BHP is very much a favourite of mine – I had 10 wonderful years with the company, mainly in international trading.
Note From the Editor Tom Scollon 12 May, 2003 This last week has been another one of retreat – a very orderly retracement however – what better would you want? The overall daily trend is still up but I must say some momentum has been lost and I would marginally modify my view about how far this rally might take us – at least in the medium term.
AMP Below $5.50? Tom Scollon 5 May, 2003 $5.50 is the institutional price offer and so those institutions that take up the script in the current fund raising will be keen to support that price.
Note From the Editor Tom Scollon 5 May, 2003 This week we have a new contributor – Wayne North. Wayne is based in Melbourne and is an Options Trader on both the Australian and USA markets.
Keep Your Seat Belt On Tom Scollon 28 Apr, 2003 Yes – you will need your seat belt on – not that this big dipper ride will be all that rough – but it is precautionary – that is all that is required in this market right now – prudence not fear.
When is a Good Time to Buy? Tom Scollon 22 Apr, 2003 This is always a tough question. If you are a long-term investor you may adopt a more cautious approach and wait for clearer confirmation that a bull market is in the making.
Using Sectors to Uncover Opportunities Tom Scollon 14 Apr, 2003 XAO, XZL, XYN, XIJ, XMD, XYP, XYA, XYB, XSJ, XSO, XYC. Gobligook? Not really – just takes a little understanding.
Sorry Mum, I Sold the Shares Tom Scollon 7 Apr, 2003 Well, what a run the market has had over the last two weeks and so you could be forgiven if you were caught off guard.