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Fast Money

The Bourse Ultimatum

Time is running out for Nymex's (NMX) exclusive 30-day negotiating period with CME (CME). If they fail to reach agreement, are slumping exchange stocks as good as dead?

I’ve liked NMX in the past, but I don’t have the guts for this trade, says Karen Finerman.

I think the exchanges are great stories, says Guy Adami. Both the New York Stock Exchange (NYX) and the Nasdq (NDAQ) look cheap to me and I recommend buying.

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Tomorrow's Trades #3

I’m a seller, counters Jeff Macke. Typically these stocks do better in a bull market.




The Bourse Ultimatum

I’m a seller, counters Jeff Macke. Typically these stocks do better in a bull market.

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Trader disclosure: On Feb.20, 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 (HAS), (YHOO), (ATVI); Finerman Owns (GS); Fineman's Firm And Finerman Own (KALU); Finerman's Firm Owns (MSFT), (TSO), (VLO), (YHOO), (AAPL); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM),(COF); Finerman's Firm And Finerman Own (CROX) And (CROX) Options; Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Seymour Owns (AAPL), (MER), (MSFT), (S), (TSL); Seygem Asset Management Owns Gazprom OAO; Seygem Asset Management Owns (NIHD), (GFI); Seygem Asset Management Owns Lebedyanskiy OAO; Seygem Asset Management Is Short (EEM)