Actually gained 44 points. The s p declined. 23w0u6r789s tech play nasdaq got hammered. Finishing off 1. 07 . Down much more, because as i have been telling you for weeks and i have been worried for weeks and ive made it clear to you again and again, Fund Managers are going to sell, sell, sell, all those stocks, including many of your favorite tech names in order to raise money to buy ali baba, the day it comes public, no matter what the price, including the higher 66 to 68 range announced tonight or maybe even higher. You see the stock of the chinese ecommerce tighten even at the seemingly lofty levels will still be very cheap, not just a revenue clip but on actual earnings growth, making ali baba a better investment than just about every other large capitalization stock out there that these managers hold. So it will be a magnet for huge funds to pick up. Thats why theyre selling their other stocks to come up with as much ali baba as possible. There is not as much new money to transfe
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