WEEK OF 14 August thru 18 Aug 2017 Week 32

[ira85]

Congrats Blygh! Good call.

I'll ride MYOK short. Stop at $46.50.

This is a market call. If the market goes south I think MYOK would be vulnerable for some serious selling. But if the clouds part and the market goes higher, I want that stop to keep me from getting whacked. I was tempted to go long AAOI, but I'm afraid it will go down in a falling market.

It seems like the Trump pro-business agenda is being derailed. Tax reform, repatriating billions, reforming healthcare saving billions, big infrastructure projects, all seem like long shots. And there is the prospect of a government shutdown at the end of September. So I'll get on the short bandwagon. Now watch. Blygh will go long and outsmart everyone again. -ira

[sd]

I'll jump on the Short bandwagon- GBTC Short, stop $785.00 tHIS IS A bITCOIN tRUST- It is highly speculative, and not much past history other than going up exponentially!

[blygh]

I love BITCOIN - a currency that is created by solving computer problems (whatever that means) - kind of like digging for a precious metal that has no other use -[gold?]  - But nobody needs to back gold while Bitcoin is backed by the full faith and credit of the  . . .   of the  . . . . ? ? ?  Oh wait - nobody backs it !!!  Bitcoin works as long as people believe in it. Tulip bulbs, beanie babies, baseball cards, rare coins, stamps  - a limited supply - no intrinsic value - works as long as it works .  

Blygh