Tuesday
February 17, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
2 Days Until Las Vegas “Watch Me Trade and Ask Questions” Seminar
Great Morning!
Closing Prices From Yesterday
NO NUMBERS
Yesterday and Today
Yesterday (repeated from yesterday)
It was Friday the 13th, a day feared by many people as being almost haunted. Yet it truly is my lucky day. I have always had one of the best days of the year on a Friday the 13th,and this one ranked as great, but not perfect.
We hit a new high in the SPX as I had been pontificating we would do. I got lucky, and not attributing it to brains. I have a couple of friends that got SMOKED in a bad way with all the fears of Greece and the Ukraine Cease Fire BS. Oh well.
Recall the markets were down in the night session and I stated that I was stupid but didn’t care,I still throught we were going up. POT people almost got a surprise text saying I was buying some E-minis futures options at about 1am eastern. I decided against it as we already came in long a LOT of deltas anyway, and I didn’t give people a “heads up” I would be doing it.
TODAY
Yesterday’s update was written before the news coming out Sunday night and Monday. I stated that we are going higher,, and I still think that.
We will most likely open lower because of :
ISIS – Those evil savages that need to be locked in a flaming port-a-potty and roasted alive ended up killing 21 Egyptian Christians. Of course it appears that Obama does not have a plan to defeat the “Jay-Vee” team. Instead he was playing B-Ball to get people to sign up for health care. Hopefully the people who were decapitated had Obamacare so that they can have their heads reattached with a $50 co-pay.
If you missed it don’t worry. They are probably coming to a town near you. If the military would take me (and I checked…I am too old) and guarantee I could be a boot on the ground, I swear I would go there tomorrow (well actually after the Vegas Class). The president doesn’t seem to take them seriously but these a-holes are more dangerous than al Queda that we fought wars to “cut off and then kill”.
Ukraine – The Sunday cease fire between the Ukraine and Russia lasted a full 2 hours before the shooting began again. Today is when the heavy military equipment is to be removed.
ETC.
So we will have a slightly lower open. Good. I will get some long deltas for POT.
We rode the huge run up and are actually ahead of schedule/game-plan. I lightened (on the close Friday) up all the deltas to where we are only long about 100 SPX deltas. I missed the risk reversal trade, but will have another chance today.
POT is held each Wednesday night at 7:00pm eastern.
Contract the office at 1- 855 – RWT – 0008 for more details.
Too True To Be Funny
Attorney Stuff
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