Rosecliff Capital's Mike Murphy said a sell-off in strong companies would pay off, adding that he was looking at picking up shares of International Paper, Facebook and Micron.
(Read more: Bears to get 'killed' in October: Josh Brown)
"I think a resolution in D.C. does have to be bought because right now that's putting a cap on the rally," he said.
TheStreet CIO Stephanie Link said that she continued to watch for values in the auto industry, aerospace and selected energy names, such as National Oilwell Varco, Occidental and Chicago Bridge & Iron.
Stephen Weiss of Short Hills Capital said that it was difficult enough to trade the market without such uncertainty from lawmakers.
(Read more: Hedge fund manager gearing up to short stocks again)
"That's ludicrous for anyone to try to bet on that," he said. "So, I'm continuing with my philosophy of sticking with my core positions, adding when it's attractive and weathering the storm. If there are some tremendous buying opportunities, like we saw with Facebook last week, then I'll add to that trading position.
"My trading positions are at the lowest level they've been in a long time."
— By CNBC's Bruno J. Navarro. Follow him on Twitter @Bruno_J_Navarro.
Trader disclosure: On Oct. 14, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Stephen Weiss is long C; Stephen Weiss is long TBF; ; Michael Murphy is long BAC; Michael Murphy is long C; Michael Murphy is long FB; Michael Murphy is long MU; Michael Murphy is long F; Michael Murphy is long PBR; Josh Brown is long AAPL; Stephanie Link is long AAPL; Stephanie Link is long GS; Stephanie Link is long JPM; Stephanie Link is long WFC; Stephanie Link is long CSCO; Stephanie Link is long FB; Stephanie Link is long JCI; Stephanie Link is long F; Stephanie Link is long JNJ.