Re: Kramer on the Emerging Energy Rollover
Cramer is a great contrary indicator these days.
Seems he's buying into his own BS on a daily basis.
He may have reversed his position, and is be likely short energy now.
The tell:
Oil Stocks Need Recovery Time (10/19)
By James Cramer
About this article:
Exxon looks like the bad-hands stock after a 25 million-share block caused big damage. We have to assume that seller will be back this session, selling more shares. These stocks need time to recover, so buy them at these low levels only if you can wait.
|