Brian Kelly of Brian Kelly Capital said that the minutes could ultimately be good news.
"What I took away from it, I think the Fed is less likely to potentially taper in September," he said. "I know the market took it a different way, but when I read the minutes and when I read the commentary afterward, it seemed to me that they're, one, data-dependent. I don't think the data has been that great."
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Tim Seymour of EmergingMoney.com said that the Fed appeared sensitive to its effect on the market, also noting that the 5-year U.S. Treasury bond yields suggested that investors were "ready for rates to change — and that's big."
Karen Finerman of Metropolitan Capital Advisors said that she was more concerned about the speed at which the Fed begins to ease off its $85 billion-per-month of asset purchases.
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"That, to me, is more important than when it starts," she added.
— By CNBC's Bruno J. Navarro. Follow him on Twitter @Bruno_J_Navarro.
— CNBC's Courtney Gartman contributed research to this report. Follow her on Twitter: @CAgartman.
Trader disclosure: On Aug. 21, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Jon is long AAPL; Jon is long GLD ; Jon is long FB; Jon is long UVXY; Jon is long NOAN; Karen is long AAPL; Karen is long BAC; Karen is long C; Karen is long JPM; Karen is long TGT; Karen is long GOOG; Karen is long SPY; Karen is long MDY; Karen is long FL; Karen is long M; Karen is long NADL; Tim is long BAC; Tim is long INTC; Tim is long SBUX; Tim is long MSFT; Brian is long CANADIAN DOLLAR.