Fast Message - We Answer Your Questions


Time to sort through the Fast Money in-box and answer more of your questions.

Steve from California

Steve writes, “What’s up with the drop in rails? Oil has fallen but the sector remains off track?”

I love the stock and I love the story, replies Guy Adami, but the space got a little rich. I think Burlington Northern around $90 will get you home.

Also the rails are getting hurt by the slowdown in commodities, adds Pete Najarian.


Matt from New York

Matt writes, “Fact or fiction: The euro has reached a top when NBA players go to play in Europe?

I think we’ve seen the top for a while, replies Karen Finerman.


Sally from Arkansas

Sally writes, “Do I sell my natural gas stocks that have murdered me, or wait for a rebound?”

I expect that there will be a bounce, replies Jeff Macke. But you’ve also got to be able to sleep at night.

It’s where the stock is going not where it’s been, adds Guy Adami. I think now is the time to buy.

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Trader disclosure: On Aug 12, 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 (WMT), (COST), (MSFT), (UUP), Macke Is Short (TM); Adami Owns (AGU), (C), (BTU), (GS), (INTC), (NUE), (MSFT); Pete Najarian Owns (AAPL), (NVDA), (TSO), (AMLN), (HD); Pete Najarian Owns (CSCO) Calls; Finerman Owns (GS); Finerman's Firm Owns (GLNG), (JCP), (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (WB), (XLF), (BBT), (COF), (IYR), (MDY), (SPY), (IWM), (IJR); Finerman's Firm Is Short British Pound; Finerman's Firm And Finerman Own (PDE); Finerman's Firm And Finerman Own (C) Leaps