01/05/2015 – AliBaba group
- January 5, 2015
- AliBaba group
AliBaba group, BABA:
1. In our Dec. 30, 2014 Williams edge stock meeting it was noted that AliBaba group (then trading at approximately $105.96) was expected to decline to $104/$03 (or lower) and that new short entry was indicated.
2. During the holidays AliBaba group declined to $103.00 and today broke lower taking a session low of $99.90 completing the trade. Will message any further entry or indication in AliBaba group.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.