$Alibaba(BABA)$ I have been te

$Alibaba(BABA)$ I have been telling you for a while: there are times when cash is king and a wise man stays away from stocks altogether. Yet I didn’t heed my own advice and bought oil stocks after the first day of the market collapse, thinking they will be spared - they were not.

Having said that, since I sold BABA at $117 on average (way too early) I will be buying it back today in low 100’s, lowering my cost basis by over 10%. Don’t think I’ll catch the bottom (that rarely happens) but investing discipline must be kept.

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