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September 11, 2014

Reminder: POT is tomorrow night.

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Random Walk’s Motto:

Success through integrity and care. The law of abundance means we can all win. 

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NOTE: I am in ITALY AND WATCHING THE MARKETS….(ALMOST) seamless transition so far.

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Happy Day!

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Yesterday and Today

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Yesterday /Tuesday

The market opened up lower and bounced long with AAPL’s gains. Plain an simple….nothing much went on other than the VIX expanded and contracted.

Last night Obama spoke and sounded very presidential. The only negative I have of him is he seems to taunt Congress all the time, and then stupidly wonders why they don’t want to work with him. It is much like the time when I walked into a shrink’s office and said, “Doc., I am having problems making friends your FU*#ing A*&Sole”. Oh well, other than taunting congress he did the best I have seen him.

Today

Wow…got me….

I am still assuming that we are going higher (though not every day) until perhaps next week’s Fed meeting shows a change in interest rates. My GUESS is that we will open a little weaker on a cautious tone given today’s 13th anniversary of 9-11 and the anniversary of our Embassy in Libya being over run. I think it was because some Libyans didn’t care for a movie they saw on the internet? Something like that (sarcasm).

We will most likely get through the day without incident and the market will breadth sigh of relief to the upside. Again, that is a guess. We are real close to all time highs and have not fallen hard yet, so….

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POT is held each Wednesday night at 7:00pm eastern.

POT is being held Tomorrow Night instead of yesterday due to Italy’s internet infrastructure.

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Contract the office at 1- 855 – RWT – 0008 for more details.

ITALY

Everything is going about as well as expected. Keep in mind our long deltas are a result of the Billy Baroo (for the most part). I will be looking for a way to acquire a few short deltas shortly. Recall that one wants to be short a specific number of deltas for their current gamma, vega and skew.

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Attorney Stuff

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DISCLAIMER (Seriously!)


We have a goal, mission and objective. Please read below.

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.

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