Tuesday, May 16, 2006
Real Money Blog
Bumpy Trading Not Unusual for Oil Stocks
05/16/2006 12:13 PM
In this article, Cramer cites a large amount of put buying in the oil sector. Furthermore, Cramer feels the recent action in the oils indicate the commodity may go to $65 per barrel.
Nonetheless, Cramer exclaims: "I would pick all the way down here if I could, or I would go for the ones that had such magnificent quarters that they have to be bought."
05/16/2006 12:13 PM
In this article, Cramer cites a large amount of put buying in the oil sector. Furthermore, Cramer feels the recent action in the oils indicate the commodity may go to $65 per barrel.
Nonetheless, Cramer exclaims: "I would pick all the way down here if I could, or I would go for the ones that had such magnificent quarters that they have to be bought."
