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Fast Message - We Answer Your Questions

Wednesday, 27 Feb 2008 | 6:45 PM ET

Time to sort through the Fast Money in-box and answer more of your questions.

Paul from Tennessee

Paul writes, "Pete, You mentioned there was a lot of options activity going on with CNET Networks ."

Options action suggests there's a move coming in April, replies Pete Najarian.

Michael from New York

Michael writes, "You mentioned Brazil and China. How do you feel about the emerging markets in India?"

I think India is more recession proof, says Tim Seymour, because it’s growing quite bit. I like ICICI Bank , Infosys Technologies as well as the ETF’s.

Rob from Wisconsin

Rob writes, "What’s happening in retail, especially with JC Penney ? Are there any buys here?"

I’m not crazy about JC Penney, replies Jeff Macke. I like Costcoand Wal-Mart.

I would buy JC Penney at $45, Karen Finerman adds.

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Trader disclosure: On Feb.27, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Najarian Owns (XTO) Calls, (JEF) Calls, (CNET) Calls, (BIIB), (C), (CSCO), (MS), (MSFT), (XLF), (YHOO) Calls; Macke Owns (INTC), (DIS), (ATVI); Seymour Owns (AAPL), (CSCO), (INTC), (MER), (MSFT), (SHLD), (TSO);Seygem Asset Management Owns (INFY), (EWT), (AUO), (UMC), (TSM), Gazprom, Is Short (PBR); Finerman Owns (HD), (GS), (LOW); Finerman’s Firm Owns (FNM), (MSFT), (YHOO), (WMT), Is Short (IYR), (IJR), (IWM), (SPY), (MDY), (LEH), Finerman’s Firm and Finerman Own (FLS)

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  Price   Change %Change
CNET
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COST
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ICICI Bank Ltd
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INFY-IN
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JCP
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WMT
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  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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