Fast Message - We Answer Your Questions
Time to sort through the Fast Money in-box and answer more of your questions.
Bill from Michigan
Bill writes, “With housing crunch bottoming soon, is Home Depot (HD) at bottom?”
I don’t think the housing crunch is bottoming soon, replied Jeff Macke. And don’t play HD he added.
Jameson from Texas
Jameson writes, “I know Tim Seymour loves global telecom plays; if he had to choose one and only one among American Movil (AMX)VimpelComm (VIP) and China Mobile (CHL) which would he choose?”
China Mobile, answered Tim Seymour.
Nick from California
Regarding Chrysler’s decision to halt production at its two U.S. pickup plants – this indicates a reduced appetite by the small-time construction worker to invest in their business. In essence the small-time entrepreneur business men for the construction industry are screaming recession. Very ominous indeed.
Interesting take, Guy Adami commented. We didn't immediately think of that.
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Trader disclosure: On Dec. 6, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (INTC), (YHOO); Najarian Owns (AAPL) Options, (GOOG) Options, (YHOO) Options; Seymour Owns (AAPL), (CFC), (F), (INTC), (MBI), (TMA), (XOM); Seygem Asset Management Owns (VIP), (CX)