RE:RE:Cramer things Oil will rebound next yearIf Gartman says get out of oil buy all you can.This guy said when oil was $36 it would never again trade over $40.He is never on the right side of the trade.
As for Nuttle this young man should read about Warren Buffett before he ever invests another persons money. He said get out of Canadian oil stocks. GET OUT AT THE BOTTOM?
Hey Eric have you ever heard the words buy low sell high? Or how about buy them when no one wants them?
Eric not buying Canadian oil shares at the low will put his invesment job in the grave yard of broken portfolios and on the unemployment line.
If I could get his ear as a fellow 30 yrs older than him I would whisper this joke.
"an oil mand dies and goes to the gates and meets God.God says what type of work do you do?He replies oilman.God says sorry I have more space in the room for another oilman you will have to go to hell.The oilman says to God if I can make some space can I get in? God says yes.The oil man the opens up the door and yells "OIL DISCOVERED IN HELL" A mad rush out of the room epmties it.The oil man turns and runs with the crowd.God says wait were are you going? He says have you you heard oils been discovered in hell".
IF ERIC sits out the Canadian oil stock recovery, he will be that oilman.