by Sam Collins 05/09/08
Sam Collins, ChangeWave's chief technical analyst, has more than four decades of experience in Wall Street firms. In addition to providing fundamental and technical analysis to Tobin Smith and the staff of ChangeWave, he provides FREE pre-market commentary each trading day via the Daily Trader's Alert.
The Daily Trader's Alert contains his Daily Market Outlook PLUS a Trade of the Day of a stock that traders may find intriguing as a short-term play. (Sign up for his before-the-bell e-mail absolutely free! Click here.)
Sam served as a regular army captain serving in West Germany during the Berlin Wall Crisis before joining Merrill Lynch as a futures broker. Since then, he has been a financial adviser, branch manager, regional manager, and certified portfolio manager with E.F. Hutton, Prudential-Bache, Advest and Scott & Stringfellow Inc. During his career, he has received numerous awards and recognition.
As a portfolio manager, Sam uses technical analysis as a timing and selection technique with portfolios that he manages under the Professional Management Program (PMP) of Scott & Stringfellow. He developed a specific technical analysis technique and timing system called the Collins Bollinger Reversal (CBR) that has received national recognition and has appeared on TV both nationally and locally as a financial commentator.
As an equity specialist and technician, he uses technical analysis as a selection technique along with fundamental analysis. As a value buyer, his goal is to find companies with outstanding management, unique products and strong financials that have not yet been driven to unreasonable prices. His CBR system helps him to screen vast amounts of data for stocks that meet those standards. The creation of wealth for his clients and the maintenance of it are his highest priorities.
Sam is also a member of the NASD Board of Arbitrators.
The response to the Fed's interest rate cut led to key reversals in the DJI and the SPX.
The response to the Fed's interest rate cut led to key reversals in the DJI and the SPX.
In the long term, CSCO could run to new highs.
The market has no runs, no hits and no errors. But the umpire Fed may tell us the real score.
GLW's long-term trend is 'very bullish' and quality-minded investors may want to jump aboard now.