January 21, 2016 - Real Money
Cramer: Nobody Knows Anything When It Comes to the Price of Oil
By: Jim Cramer
Just for laughs I went back to read articles about oil written this time last year, when oil was in the high $40s.
The talk back then was almost all about the shape of the letter. Were we going to have a "V" recovery, which would put oil on a course back to $100, where it was before the crash began in June 2014. Or would it be a more of a meandering back, via a "U", where it might not be any higher than $70 a year later...