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Your Questions About This Turbulent Market

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With market turmoil gnawing at even the most unflappable of investors, we thought it would be a good time to check in with you, our viewers and readers. Rest assured, the Fast Money traders know you have a million questions. Let's get to some of them.

#1 Gary from California

Gary writes, “Does a volatility spike signal a reversal of the bull market and a new bear?"

Pete Najarian does not think it signals a bear market or a reversal in trend.

Guy Adami says the market could have more room in the down side – but it’s not a reversal in trend.

Tim Seymour adds that he doesn’t think this is a bear market, but he anticipates a great deal of volatility for months to come.

Jeff Macke is concerned about a bear market and tells Gary, “Sell the rally!”

#2 Eric from Pennsylvania

Eric writes “I have been invested in Altria (MO) for some time now believing it was a "safe haven" stock, but I have been disappointed watching it go down with the market. Altria has good profits, a safe 4% dividend, no exposure to the subprime market. So why am I losing money on this?"

Pete Najarian says the subprime trickle ultimately affects people’s ability to spend and that could pull down share price.

Guy Adami thinks MO is a source of funds – in other words, institutions sell this stock to raise cash.

The entire panel says MO is a buy.

Symbol
Price
 
Change
%Change
S&P 500
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MO
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Trader disclosure: On Aug 10 2007, 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), Najarian Owns (GS), CBOE Volatility Index (.VIX) Options; Seymour Owns (AAPL), (BX), (GLD), (SBUX), (X), (BBD) Seymour Owns Bank VTB OAO