Yesterday I mentioned AutoDesk (ADSK), which was down over 10%, as my short honey of the day. Today it's from the far east – – NetEase (NTES), which is also down over 10%. My entry was $41.66.
My point remains the same – – I am focused on individual securities. I haven't used any margin any months, because I am trying to hit a bunch of singles instead of swinging for home runs. After a year like this, it's vital both from a psychological perspective and a performance one.
