Well, ummm, yeah, this is our year. My 55 shorts are all smiling. However, yesterday I (foolishly) thought I’d dip my toe into the gee-energy-is-oversold waters and went long some times from the devastated commodities sector. I just woke up, and I am kind of feeling that regret in a big way. My original tactic to “not be long, but just be less short when necessary” was obviously the smart way to go. It’s unfortunate I strayed from that. What’s happening in 2016 is eye-popping, even for someone as bearish as yours truly.
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