I am hanging out at the beautiful jblu terminal at jfk. In one hour I will be taking off for sunny west palm beach.

I decided to participate in one last am meeting prior to my vaca. Most of the stuff I highlighted were strong stock consolidating near highs. Two of them, aapl and rimm, dropped key support prices from last week. I caught the short in rimm but missed aapl as I was about to get up from the desk to grab my clubs.

I still think both probably break to the upside in the near future but I wasn’t deterred from a quick one point scalp short. Afterall, I am an intraday trader. Well, except for my wfmi long, which is gonna pay for this trip as long as it doesn’t break below 33.

SLB was a waste of time as neither the value buyers or the risk arb bunch could move it too much.

Good luck with your trading this week.