FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
The Dow [.DJIA
Loading...
()
] tumbled on Tuesday just one day after surging on the government's bailout of mortgage finance giants Fannie Mae [FNM
Loading...
()
] and Freddie Mac [FRE
Loading...
()
].
“This is the follow the bouncing Dow phenomenon,” says Zach Karabell on CNBC’s “Fast Money”. But don’t let that scare you off. “This is a market I think you should be trickling into not out of,” he says. "It’s a great time for short term traders, no doubt about it."
With the market making such violent swings, Karabell thinks there are essentially two ways to play; fast or long-term. “You either do it fast and you catch the rotations or you look at the market in terms of fundamentals because in my estimation you’re dealing with a lot of fundamental mis-estimations,” he says
By mis-estimations Karabell means stocks in some sectors have sold-off too much. “You’ve got a huge sell-off in solar, base metals and oil. I don’t know if we’re at the bottom or if we’re 5% to 10% from the bottom but there’s no way the numbers are commensurate with their longer term fundamentals."
The Bottom Line: If you want to play the market short term Karabell thinks the bias is flat or to the downside. Or if you want to play long-term, look for stocks in the energy or metals sectors that have been unfairly punished.
- Your First Move For Wednesday November 25th
- Web Extra: Seymour's M&A Play
- Pops & Drops: American Eagle, Green Mountain Coffee...
- Giving Thanks: Najarian
- Take Your Position: Cyber Monday
- Rick's Turkey: Fed Transparency
- Under The Radar Trades
- Our Best Black Friday Trades
- GDP Drags Stocks Lower
- Halftime Report: Is Oil Heading To $96?
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to .
Data is a real-time snapshot *Data is delayed at least 15 minutes