$BABA as bitterly disappointed as I was today, I don’t think there’s a whole lot of downside to go realistically.. long term trend is up and baba consistently makes higher lows. Technically speaking we are at support. Fundamentally we are solid and did not sell off for that reason. Most major Chinese stocks fell, JD, Netease, Baidu by the same amount. I will wait for the negativity to pass and approach this calmly.