This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

SPY OMNI Trade:

XRAY:

This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

I didn’t have many candidates on my screen, so I took a half day. Hope your day was nice.

As described on jaiku, I did find one scalp on LIFC @ 28 for 1.21 R. The chart’s too uninteresting to post. Turns out that LIFC would go on to go almost to 29 before reversing. I got out when the trade rate got iffy.

Over at wallstreak, prospectus and I watched an ATHR setup, but I declined to take it because I didn’t like the way it broke out. However, if I had, I would have gotten at least 50 cents, and maybe as much as $1.50 per share. Wow! It just didn’t match my criteria for a good entry. Oh, well!

So, while I don’t regret ATHR, I do wish I had gotten into XRAY, which Zoomie pointed out in plenty of time for me to get in. I just got sidetracked and didn’t make it.