[sgbuffett]

Over optimism to think today will close up dude

I didn't say today. Could be today or some day next week or 3 weeks from now 

Frankly I cant tell but I am looking out for this day.
About 20% of capitalisation of China Tech is in cash...and major ones are cashflow positive despite the China economic slowdown. This is a substantial cushion for these hard times.

The stock price moving up and down only affect when I buy to be more optimal....I expect this period to be volatile due to numerous issues and problems with China economy...thatbis why the stocks are selling at such low valuations.

Short term investing is always momentum lookjngbfor near term trends and quick in quick out 

But for those building a long term portforlio a lot of near term problems are just temporary and help you to buy at lower valuations.  The only thing that should concern long term investors is whether what they buy are good business for the long term. All the fear about delisting and regulations will come to pass. The China slowdown remain a risk as they can mess up their policy and cause a long drawn economic slump this remains unlikely as they have many policy levers they can use to boost the economy also big tech giants like Alibaba and Tencent have business outside China that are still growing.