Step 1.
- In a large punch bowl, combine 1 part vodka, 1 part rum, 1 part peach schnapps, and 1 part amaretto.
Step 2.
- Add 2 parts cranberry juice and 2 parts orange juice to the bowl.
Step 3.
- Stir the mixture well to blend all ingredients.
Step 4.
- Taste the punch, and adjust sweetness with club soda or grenadine if desired.
Step 5.
- Add ice to the punch bowl, and garnish with fresh fruit slices like oranges, lemons, and cherries.