Will the hideous decline in oil ever end?
In reality, only time will tell...and maybe a psychic with a crystal ball. Jim Cramer doesn't think investors need a crystal ball in this case, because he knows there is still some life left in oil.
"Just because the price of oil has cratered, that doesn't mean the oil companies can't rally—look at EOG which has been roaring ever since it reported a spectacular quarter last week," said the "Mad Money" host.
Tom Collins, a technician and founder of RetroWallStreet.com and colleague at RealMoney.com, gave his technical forecast for oil to Cramer on Tuesday.