Cramer, the babbling stock tout, does have some good ideas. I shun his particular stock picks mostly because they are so prone to exploitation, but when he talks about big ideas I listen. Lately he has been pointing out the productivity of the Shale gas plays. In particular the Permian basin of Texas.
And this chart is pointing to a growing affinity for Permian plays.
The rising triangle is on of my favorite price patterns. Especially in the context of a bottom.