Sam Collins

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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.

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The charts are bullish for both indices, and it looks like they could reach my immediate target.

The Bull is Alive and Well

Thursday's dramatic acceleration, coupled with a 'key reversal day' on Monday, leads me to the conclusion that the markets will continue to rise.

Good Time to Buy Stocks

Our internal indicators are now telling us that stocks are still a good value at this level.

Play Natural Gas for Cheap

The recent pullback in the First Trust ISE-Revere Natural Gas Index Fund (FCG) could offer a good opportunity to accumulate shares.

Better To Be Long Than Wrong

Unless the S&P 500 closes below 1,020, investors should be buying into this decline.