Random Walk Trading.com
Wednesday
December 24, 2014
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC.
Great Morning !
Closing Prices From Yesterday
Today’s Number(s)
Yesterday and Today
Yesterday
DOW 18,000 ! ! ! !
Finally. My target was hit, but a week too soon.
The good news for bulls is that the Dow spent the entire day in the 18,000 area without trying to test the number. This is bullish.
TODAY
This should be a slow slow day with a bullish stance. There are no numbers tomorrow as the market is closed, and there re no numbers on Friday.
I am not extremely aggressive in trading the day before X-mas. The open will be the busiest part of the day and within 30 minutes things should die down to almost nothing. By the end of the day you will hear people on CNBC talk about how pitiful volume is ā as it seems to be a surprise to them every year.
After we close sit back and wait for Friday which should be a +100 point move on the open. POT people, I might put on a trade near the end of the day for this move. I am waiting until the end of the day simply because volatility should be crushed by then.
POT is held each Wednesday night at 7:00pm eastern.
Above you see several things.
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The option buying power is increasing, meaning we are using less margin.
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By Monday this should go up another $50k
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Remember that we will be resetting the account to $100k on Jan 1 and we are pairing down some of the positions by design.
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We have most of the positions expiring by the first Friday of January as this is traditionally the most bullish time of the year ā why not milk it?
Contract the office at 1- 855 ā RWT ā 0008 for more details.
Too True To Be Funny
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Attorney Stuff
DISCLAIMER (Seriously!) All data above is provided for informational purposes only. Random Walk makes no guarantee as to the accuracy of the data.
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 Daily Planet newspaper.
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 doesnāt mean a thing. The future is even scarier. 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, Joe Kearnan, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time. We will sell products, but advise against buying them. We Do Not Give Advice.
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