Fast Message - We Answer Your Questions
Time to sort through the Fast Money in-box and answer more of your questions.
Frank from New Jersey
Frank writes, “Mr. Adami: Why do I get nauseous every time I check in on AIG , and when will that feeling subside?”
Things are not good at AIG, replies Adami. It’s just a trading vehicle. And I'd keep a bucket nearby on this one, Karen Finerman adds.
Tom from Pennsylvania
Tom writes, “Why would Microsoft be a winner even if the Yahoo deal falls through?”
I think Microsoft stock has already been penalized for the deal, explains Karen Finerman. Probably too much.
Jameson from Texas
Jameson writes, "Jeff, my bald headed friend, do ya’ still like Costco on the dip longer-term even if the technicals don’t look so great?
Yes, I view Costco a longer-term play, replies Jeff Macke. Wal-Martis a near term trade. And if you'd like a basket, also check out Gap .
Sheila from New Jersey
Sheila writes, “Mining and energy stocks have enjoyed a great ride. Is it time to sell some short or is there still more room? If you were to short, which ones?”
If you’re going to short, make sure you do it short-term, replies Pete Najarian. Shelia, you’re probably better off buying dips in coal stocks, Pete counsels.
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Trader disclosure: On Mar. 6, 2008, 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), (BIIB), (C), (CSCO), (MS), (NOK), (MSFT); Najarian Owns (USB) Puts; Najarian Owns (YHOO) And (YHOO) Calls, (COP) Calls, (IDCC) Calls; Finerman Owns (GS); Finerman's Firm Owns (AAPL), (AEO), (FNM), (GE), (DSW), (MSFT), (PLCE), (SKS), (VCLK), (WMT), (YHOO), (RAI); Finerman's Firm Is Short (IJR), (IYR), (IWM), (MDY), (SPY); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; GE Is The Parent Company Of CNBC; Charles Schwab Is A Sponsor Of "Fast Money"