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

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.

Keep Your Seat Belt On

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?

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.

Sorry Mum, I Sold the Shares

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.
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