Monday
June 15, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
Great Morning!
Closing Prices From Yesterday
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Call the office for assistance!
Today’s Number(s)
Yesterday and Today
Yesterday
On Thursday the market got back up to 18,000 as it it was going to make another run higher, only to have the carpet pulled from it on Friday. It was almost all attributable to apathy setting in and bad news on the never ending Greek front. Summing it up could be equated to a slow water torture of slow descending elevator that seemed that it was going to stop, but it never did.
TODAY
It is no surprise to any casual reader of this newsletter that I have been very bullish for a very long time, and when the market would fall 5, 6, 7 or 9% I got really bullish. I am still of the same mind, but starting to think that we have another one of those small drops coming that will be a buying opportunity on Monday June 29th ā the Day before the Greek thing is settled one way or the other.
I am not a market timer. Keep that in mind. I don’t read charts and say āat 12 noon on the 16th we will see the lowsā. Those people I find ridiculous and never accurate. This time is different because there is an event that coincides. I made a call of a similar nature during the Persian Gulf War Part I ā Daddy’s War. That was easier than his, but it could be timed for the same reason. We gave Hussein a deadline that was August 1 (?) which was daylight and trading hours, so we knew that was not going to happen. It had to start at night where we had the advantage of seeing at night ā hence August 2.
So I am doing the same thing. If we are down going into June 29th, I am going to LOAD UP LONG deltas on the close of the even of the June 30th deadline.
TODAY
In the meantime…..I suspect we will open lower today simply because of the weakness on the day Friday. If we go lower on the day than the open I think we will be heading lower for a while. 18,000 is just not holding up this time. Combines that with
Lastly ā the BIG NEWS.
Position sheets come out.
Lastly ā the BIG NEWS.
Full On Starting Today
We beta tested this a little last week.
Participants in the POT class will be receiving text messages when a trade update has been sent. This is solely based on people asking for some kind of service to notify them when an email from us has gone out. This way they don’t have to wait by their computer to see when updates have been sent.
We will NOT automatically include you on the list as we do not want to disturb you during the day if this would be an inconvenience. Students are asked to send an email to POT@RandomWalkTrading.com and let us know if they want to be on the list, and include the number you want the text sent to. You also need to send us the name of the country you are in.
How cool is that!
Contract the office at 1- 855 ā RWT ā 0008 for more details.
Too True To Be Funny
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Attorney Stuff
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