Jim Cramer says a drop in oil prices could signal the start of a market rally

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CNBC’s Jim Cramer on Thursday suggested the stock market could be headed towards a rally, due in part to a decline in the price of oil.

," as a reason for optimism about a potential rally. On Wednesday, the major indexes started the day worse off but were able to come back by the end of the session, cutting their losses.

To Cramer, a calendar shift can also make an impact, as September is usually a poor month for the market. However, Cramer conceded that this year has been particularly disappointing for the bulls. "Fortunately, if the seasonal pattern holds up, then a nasty September could pave the way for a bountiful October," he said."Historically, the worse things are in September, the better they get in October."

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