1-855-RWT-0008
Random Walk’s Motto:
Success through integrity and care. The law of abundance means we can all win.
51 Days in a row where the market has not made a >1% move. Unsustainable? YOU BET
Happy Day!
Yesterday and Today
Yesterday
Almost….almost. The Dow got as high as 16,998.70 before selling off. Recall the update I sent yesterday stating that it is likely we will touch 17,000 and then fall. Well the selling started before we touched 17,000 this time. So will will likely try again today, tomorrow or Monday. The usual suspects didn’t do much, but the odd ones that have been falling into this rally did climb. Ebay was up 0.44 and AMZN was up 7.61.
Today
We have numbers coming out through the morning opening which will most likely have the markets giving 17,000 another shot. We will once again likely fall at 17,000 the first time we hit it (whenever that happens – today, tomorrow, Monday), but it is the close above 17,000 that will have people believing the run higher. It is here that POT people can be assured another big hedge to the downside.
POT is held each Wednesday night at 7:00pm eastern.
POT TONIGHT
We cleaned some things up yesterday.
Traditional 1-5
We had on a traditional 1-5 spread that we cleaned up.
Short SPX Put Spread
Recall that we sold a bullish 1970-1965 ITM put spread at $3.40. Yesterday we cleaned this up nicely by buying the 1975-1970 put spread for $1.40 at the dead top (Dow 16,990ish). Not bad, huh? A long butterfly for a $2,000 credit!
More today.
Contact the office at 1- 855 – RWT – 0008 for more details.
Too True To Be Funny
Attorney Stuff
DISCLAIMER (Seriously!)
Trading is almost as much fun as black jack in Vegas, but without all the annoying distractions of free drinks, Broadway shows, gorgeous people with low morals, and free buffets. It also has about the same odds of success, so when you lose all your money you wont have to walk past a smiling pit boss. Even Bruce Wayne lost everything with options in The Dark Knight Rises, and Superman keeps his day job at the DailyPlanet newspaper.
We did NOT get any TARP money, so we are not aligned with any politician. We have the utmost respect for our attorneys who tell us any attempt to trade is throwing money out the window, and investing is risky business (still a great movie). Past performance doesn’t mean a thing. The future is even scarier. There is no guarantee the sun will come up tomorrow. Random Walk and everyone associated with it promises absolutely nothing. We guarantee nothing. We wont ever do anything right unless it is an accident.
Random Walk only provides education (and a great cup of Starbucks if you visit our office). If you want advice please consult an attorney, licensed broker, Tarot cards, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, ex-cons, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time.
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Every attempt has been made to ensure accuracy, but we are clueless. As a result it would be foolish and impossible to assure the accuracy of any numbers and/or come close to writing a sentence that is grammatically correct. You agree not to get on our case emotionally, physically, spiritually (no Voodoo dolls please) or legally when we screw up. We are doing our best to keep up with evolution, but it is a fast race and we are falling behind. If any of this stuff is too hard to accept please let us know and we will remove you from our mailing list and short term memory.
Random Walk deeply cares about each and every student. We try to keep the selling of products to a minimum. We believe our students are a result of attraction rather than promotion. This does NOT mean that the more attractive you are, the more we promote ourselves (in general).
Our products are written ONLY by floor traders, fund managers and retired floor traders. They are expensive and unique. That does NOT mean they (materials) come on a tablet of concrete from Mt. Sinai. If you are still reading this, you will likely be the first to have gotten this far. No guarantee for accuracy is made.
Because of the proprietary nature of our materials and the ease of electronic copying, all sales are final. There are far too many people who have no problem stealing our materials and putting them on torrents or copying them. These are the same low-life, selfish, whining, half-wit hypocrites that would cry like a newborn with a wet diaper if someone stole their car radio. They have to pay for our materials before stealing them, and live with their karma (and our legal team). Yes, we have caught a few and now have one person working on detective work solely.
Sales are far from our largest concern. If you are a whiner, complainer, or generally unhappy with life please go to someone else in this industry who values money over happiness. We can point you in the direction of other firms that only care about the bottom and top line. Jerry Springer can also point you in the right direction. Besides whiners are a total distraction from the awesome group of students we are fortunate to have. We are truly blessed and thank them (provided that is fine with our lawyers). “Thank yous” are only handed out in countries where legal and void where prohibited. If your country does not allow “thank yous” please refrain from accepting it. This disclaimer is copyright material and not a joke.
