As far as selling, Worth suggests going against "consumer discretionary names," i.e., retailers, which have had just "quick pops" like Best Buy. "Sell against" these, he advises.
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Trader disclosure: On Dec. 10th, 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 (DIS), (WMT), (MSFT), (MCD); Seymour Owns (AAPL), (BAC), (ETFC), (F), (MER), (CX); Seygem Asset Management Owns (FXI); Finerman's Firm Owns (MSFT); Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY), (USO), (BBT), (VNO), (SPG), (COF), (FDO); Najarian Owns (ETFC), (CIEN); Najarian Owns (DRYS) And Is Short (DRYS) Calls; Najarian Owns (STX) Calls; Najarian Owns (UYG) Calls
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