That’s not much of a drop. It’s been on fire.
Should decline eventually to $155-$160 
Patient. I have some short puts ($140), would add if it hits $160 So far, make good money shorting puts 
and is willing to buy if below $140 
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I rolled my Jan calls this week, and sold 2week OOM against them. Ready for the seasonality to start in October.
Since Aug 28,
F10 … +4.44%
AAPL. . -5.93% 
TSLA…+1.57%
mCap. .+9.56% 
sCap…-1.70% 
mCap continues to blast ahead and beyond 
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Apple and Tsla, 2 of my big bets, continue to get hammered and slapped in the face… 
I sold some of my AAPL to buy BABA. Continue to rebalance my portfolio away from American tech and more towards Chinese tech.
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BABA went up what 100% last year I don’t recall exact number, still has legs? What business model has changed so soon or long term play?
No change in business model at all. Just momentum play.
All my plays are long term play because my timing skill sucks. Alibaba is like a super Amazon in a country with 1.4B people whose GDP grows at 6.5% a year.
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Its funny, why we all know these things deep down already but didnt throw the kitchen sink when the stock was 59.25 in sep 2015 (2 years), lol. Infact I got frustrated with BABA I sold whatever little I bought at 90 at 78ish to free up capital.
Yeah, hindsight is 20/20. 
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That’s why always buy and hold!!! I bought all the BABA I’ve ever wanted to buy on its IPO day back in 2014, at $90 a piece. I have not bought more nor sold any since.
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Well, this strategy backfired at least for today!
Fortunately life is longer than one day.
Correction for BAT and NVDA just started/ a week ago. Other members of FANG and ANT correction started about 1-2 months ago.
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Your strategy backfired again today. But I suppose life is longer than 2 days…
I think it will go to new high eventually…
Where is the support? I need to long some calls to capitalize on this eventuality 
