APPLE FIRST CHERYL: NICOLE PETALLIDES

MARKET TAKING A BREATHER TODAY THE CRYPTOCURRENCY RALLYING SHOULD YOU GET OUT NOW, STAY IN, STOMACH VOLATILITY? BRING IN CHIEF INVESTMENT OFFICER LEE MUNSON CHERYL: EVERY DAY WE ASK QUESTION ABOUT BITCOIN, FACT OR FICTION WHAT DO YOU SAY? >> WELL, LET'S PRETEND IT WAS ACTUAL ASSET CLASS, WHICH IT IS NOT I THINK, I WATCHED FOX'S I THINK HE DISCUSSED WHY YOU HAVE A SMALL FLOAT, WHY IT IS GOING UP BUT I'M HERE TODAY TO TELL YOU ABOUT HOW YOU TRADE A BUBBLE, A FAD, A PUMP AND DUMP IF YOU LOOK AT DOT-COMS, LOOK AT THE TECHNICAL, THE CHART OF CISCO SYSTEMS FROM 19972002 OR JDS UNIF I PHASE OR WHATEVER

COM, THIS IS BITCOIN ALL OVER AGAIN IF IT DOESN'T BREAK ABOVE 20,000, THIS THING IS A DEAD DUCK IT IS DONE I DON'T WANT TO TRADE IT I DON'T OWN IT

I NEVER OWNED IT THINK IT IS BACK DOWN FROM 2000 I SAID IT SAYING, YOU KNOW, THISç IS JUSTA FACADE WHAT DID HE CALL IT? JUST A JOKE

THAT WAS QUOTE, UNQUOTE, FROM WARREN BUFFETT, JUST A JOKE AND MIRAGE MORGAN STANLEY, THEY CAME OUT, THEY SAY THE BITCOIN TRUE PRICE WOULD BE ZERO WHY WOULD I PAY 20,000 FOR SOMETHING IF MORGAN STANLEY IS GOING TO SAY, YEAH IT WILL BE ZERO? >> PEOPLE PAID A LOT FOR DOT-COMS HERE IS THE THING, LET'S KEEP A FEW THINGS IN MIND HERE FIRST OF ALL INVESTORS BOUGHT YAHOO! STOCK AT 200 A SHARE AND TOOK THEM OUT

WHAT PEOPLE HAVE TO REMEMBER WITH BITCOIN THERE IS NOT A COMPANY HERE IT DOESN'T DO ANYTHING WE'RE HAVING INSIDER SCANDALS