Sam Collins
Sam Collins, OptionsZone.com'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 daily 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. (Sign up for his Daily Trader's Alert e-mail absolutely free!)
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 national and regional securities firms. While he retired in October 2009, during his career, he received recognition and numerous awards.
Sam used technical analysis as a timing and selection technique with portfolios that he managed. He developed a specific technical analysis technique and timing system called the Collins Bollinger Reversal (CBR) that has received national recognition, and he has appeared on local and national TV 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.
Sam is also a member of the NASD Board of Arbitrators.
More By This Expert
Investors Should be Back on the Defensive
Yesterday's triple-digit loss puts the indices very close to some major technical break points.
Powerful high-volume buying is making the ProShares UltraShort Financials (SKF) look like a good day trade.
Should You Jump on the Rally Bandwagon?
I agree that the last hour of buying on Friday, especially buying in the blue chips, was quite impressive. But the reversal barely occurred, with the S&P 500 gaining just over 3 points.
DEE is a very volatile, speculative ETF that is designed for the day trader.
The One Place You Do Not Want Your Money
This is time to cull, not sell everything, but there is one sector you want to avoid at all costs right now.



