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Fast Money Mail - We Answer Your Questions

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Time to reach into the Fast Money mailbag and answer more of your questions. Bill writes, “I was a stockbroker for 10 years when the market crashed. This bull run to over 14,000 on the Dow that has lasted over 5 years appears to be ready for a sudden end without notice….”

Bill from Nevada

Bill writes, “I was a stockbroker for 10 years when the market crashed. This bull run to over 14,000 on the Dow that has lasted over 5 years appears to be ready for a sudden end without notice. The wild speculation in Chinese stocks, market gurus of today (with their dog and pony shows) and a much troubled real estate market will accelerate the upcoming collapse. Please take nothing for granted, use your common sense right now, and look out below.”

Jeff Macke tells Bill he should be worried. But, Macke adds, that kind of thinking would have kept Bill out of the market the whole way up. Trade with caution.

Mike from Tennessee

Mike writes, “The new show is ripping like a Chinese IPO! What are your opinions on trading Citigroup (C) as they appear to be cleaning out their closets and exposing any potential issues? Do you think Chuck (Prince) is out the door?”

Karen Finerman thinks Citigroup is a buy below $45. She doesn’t see Chuck Prince remaining as CEO for more than a few months.

Duane from Georgia

Duane writes, “When Guy talks about "stopping out" or getting in at certain price levels, how is he determining what those levels are? Also, who's taller? Finerman or Ratigan? Let's see it...stand up right now!”

Guy Adami tells Duane stopping out is as much an art as a science. He charts levels such as where a stock opens and closes, as well as previous lows and all time highs to determine where to stop out.

For who's taller - you'll have to watch the video.

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Trader disclosure: On Oct 16, 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) (SWY), Najarian Owns (DISH), (GOOG), (UA); Najarian Owns (IBM) Options ;Najarian Is Short (PNC); Finerman Owns (GS), (C); Finerman's Firm And Finerman Own (KFT); Finerman's Firm Owns (LTD), (NMX), (NYX), (VCLK), (JNJ), (MO), (MSFT), (COP), (BIIB) Finerman's Firm Is Short (WFC); Finerman's Firm Owns S&P 500 Index Puts; Finerman's Firm Owns Russell 2000 Index Puts; Finerman's Firm And Finerman Own (FLS)