Jim Cramer Says Oil Prices Are Not Yet at Rock Bottom Levels

TheStreet's Jim Cramer explains why he thinks oil companies are in no man's land. Cramer explains that oil prices bottomed this week at around $45 and some were expecting prices to go even lower but they didn't. In fact, they're now bouncing back toward $50 and oil stocks are bouncing right along with them. Cramer says oil stocks are in no man's land because they still have further down to go, they're just rising temporarily. So, he says, if you get a low rise, sell it. But long-term they're still going to continue to go down until analyst start reducing their earnings estimates. Cramer tells investors, it's good point to get out but the bottom is not here yet.