* Lots of strategists are making forecasts but the Fast Money pros were eager to her from Andrew Burkly, director of equity strategy research at Brown Brothers Harriman because he nailed the market last year.
For 2011 he said, the S&P would make high around 1350 in first half of 2011, and that a sell in May strategy would work. He also said look for low in fall, and rally to 1250 by year-end.
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Trader disclosure: On January 3, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova is long (VRTS); Terranova is long (IBM); Terranova is long (LQD); Terranova is long (MUB); Terranova is long (EMC); Terranova is long (CSCO); Terranova is long (AXP); Terranova is long (SBUX); Terranova is long (CSX); Terranova is long (APC); Terranova is long (XOM); Terranova is long (TRLG); Terranova is long (TRLG); Terranova is long (SWN); Terranova is long (V); Terranova is long (SU); Najarian is long (CIGX); Najarian is long (CME); Najarian is long (CBOE); Najarian is long (ANR) call spreads; Najarian is long (AAPL) call spreads; Najarian is long (CNX) call spreads; Najarian is long (CSCO) call spreads; Najarian is long (ACI) call spreads; Najarian is long (GS) call spreads; Najarian is long (RES) call spreads; Najarian is long (DVN) call spreads; Najarian is long (RIMM) call spreads; Najarian is long (MDR) call spreads; Najarian is long (LULU) call spreads
For Brian Kelly o fShelter Harbor Capital
Kelly is long (IWM)
For Mark Fisher of MBF Clearing Corp
* No disclosures
For Dan Dicker of Mercbloc, LLC President
Long Oil futures
For Andrew Burkly of Brown Brothers Harriman
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For Brian Marshall
ISI Group
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For Dennis Gartman of The Gartman Letter
Long Canadian dollar, aussie dollar, Long Soybeans
Short Euro, and Japanese Yen
For Rebecca Patterson of JP Morgan Asset Management
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