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Tom Scollon

Tom Scollon image
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

Editor Asks: Are You Ethical?

2 Jun, 2003
Ethical investing experienced a spurt in the 90’s but returns have been called into question in more recent times when getting a decent profit on any share instrument has been difficult, let alone those that champion particular causes.

Market Depth - A Handy Tool

26 May, 2003
If used correctly Market Depth can help you fine-tune your entry or exit. Simply it is a summary of buyers and sellers and it shows you the balance between the two.

Sell Into the Rallies

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

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.

Note From the Editor

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?

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

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.
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Aaron Lynch image Aaron Lynch Ben Lebrun image Ben Lebrun Jordan Craw image Jordan Craw Lachlan McPherson image Lachlan McPherson Lauren Jones image Lauren Jones Noel Campbell image Noel Campbell Rob Roy image Rob Roy Tim Walker image Tim Walker Tom Scollon image Tom Scollon
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