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Time to sort through the Fast Money in-box and answer more of your questions.
Paul from Virginia
Paul writes, “Is there any money to be made in Fannie [FNM
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] or Freddie [FRE
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] preferred stock?”
There is always money to be made, replies Karen Finerman quite sincerely. But I can’t tell you which direction. One year from now it will either be much lower or much higher.
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Eric from Alabama
Eric writes, “With oil and natural gas moving lower, what is the downside risk to Schlumberger [SLB
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It’s been holding around $90, says Guy Adami. If oil stabilizes I think it’s easily a $98 stock.
Other oil services stocks might be cheaper, adds Pete Najarian, but Schlumberger sure has great exposure.
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Ashwin from Georgia
Ashwin writes, “What is the ideal timeframe one should use while analyzing a stock using Jeff Macke’s purple crayon theory.
For as long as it holds the trendline, replies Jeff Macke.
- Your First Move For Monday December 1st

- Web Extra: Black Friday Results

- Fast & Furious Trades For Monday

- Dennis Gartman’s Simple Rules Of Trading

- Pops & Drops: Goldman Sachs, Chesapeake Energy...

- Box Office Bounce?

- Gov't Buying Banks - Should You?
- Black Friday Blues?

- GM, Ford Higher Before Big Week

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Trader disclosure: On Aug 19, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (C), (AGU), (BTU), (GS), (INTC), (MSFT), (NUE); Macke Is Short (TM); Macke Owns (MSFT), (WMT), (DIS), (CY); Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (CSCO) Call Spread; Finerman Owns (GS); Finerman's Firm And Finerman Own (C) Leap; Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (SPG), (COF), (IYR), (IWM), (IJR), (SPY), (MDY), (BBT)



