Your Questions About... Bud ImBev Merger, JP Morgan...


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

Tracy from Massachusetts

Tracy writes, “Is there any sort of technical indication that commonly marks a bottom and have we seen it?”

Watch the VIX , replies Pete Najarian. It can’t sustain these levels for much longer so I think we’re close (to a bottom).


Larry from Florida

Larry writes, “Which deals appear vulnerable to not closing due to the credit crunch? Specifically will the BUD ImBev deal close?”

BUD / ImBev will probably close, replies Karen Finerman. But not until December.


Amin from Washington

Amin writes, “Are banks stocks like JP Morgan in a better position to make profits now that the Fed is cutting rates?”

Yes, replies Guy Adami. I think a year from now JP Morgan could double.

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Trader disclosure: On Oct.8, 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 (MSFT), (WMT), (BNI), (MCD): Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Najarian Owns (AAPL) And (AAPL) Puts; Najarian Owns (FCX) Call Spread; Najarian Owns (GS) Call Spread; Najarian Owns (MS), Owns (MS) Puts, Is Short (MS) Calls; Najarian Owns (NOK) And Is Short (NOK) Calls; Najarian Owns (RIMM) Call Spread; Najarian Owns (WB) Calls; Najarian Owns (XLF) Call Spread; Najarian Owns (IWM) Puts; Finerman Owns (GS); Finerman's Firm Owns (MSFT), (NOK), (DEO), (PM), (MO); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (COF), (BBT), (USO)

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