Your First Move For Tuesday October 14th
After the biggest one-day percentage gain since March 15, 1933 the traders offer some words of wisdom for the days and weeks ahead?
I don’t think we’re going back to the lows of Friday, says Guy Adami. I don’t expect the Dow to break 8,000 again.
I expect to test the lows again in December, counters Tim Seymour. I think we will see major redemptions again by year end. But that makes a great environment for picking stocks.
A bottom might be in but the bottom is not in, adds Jeff Macke. In some ways we’re becoming socialist and I don’t know how to price that.
I’m a value girl and I look for value stocks, Karen Finerman adds. There's a lot out there right now.
See other "Fast Money" Final Tradeposts.
Got something to say? Send us an e-mail at email@example.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to firstname.lastname@example.org.
Trader disclosure: On Oct.13, 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 (C), (WMT), (MCD), (BNI), (MSFT); Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Finerman Owns (GS); Finerman's Firm Owns (DELL), (MSFT); Finerman's Firm Owns (MS) Calls; Finerman's Firm Is Short (USO), (IJR), (MDY), (SPY), (IWM), (USO), (BBT), t (COF); Seymour Owns (AAPL), (F), (GE), (MER); Seygem Asset Management Owns (EEM); GE Is The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC; Finerman's firm owns (MRK); Seygem Asset Management Owns (MER)