Lake Erie

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Yeah, yeah, I know. Record highs. NASDAQ zooming into the stratosphere. SNAP is going to be a blowout IPO. And so on.

Meh. I’m focused on my own shorts, thank yew. More and more, it’s all about the energy shorts. Happily, the XOP broke – – as ZH might say – – “moments ago”……..

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Yesterday I start accruing a sizeable position in my IRA account of ERY, the triple-bearish fund based on energy stocks. So far, so good.

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My advice for those bullish on energy stocks?