Thanks I'm going to take your suggestion to heart. I feel a *little* better that BABA managed a mini rally towards the end there and get over $93, but we'll see next week. When it fell under $90 I was really getting nervous about a major day 1 pullback.
Yeah, it was looking like it was going to break through 90 and keep dropping, I'm glad for your sake it didn't.
Like I said, stay alert next week, I'm sure you'll be able to exit above 96 at some point if you aren't 100% sure on a long position.
if this had been a disaster, I could've seen this marking the beginning of the end for this bull run, but as the saying goes, nothing stops this train (as irrational as many valuations are).
I'm just a tad salty that they delayed the start for so long, this could've opened much lower with a higher chance of gains if they had started trades at 10:30. Bankers always have to rob us poor bagholders, every single time.