'Fast Money' Recap: Dr. Doom

Research In MotionRIMM fell 3% as analyst downgrades continue to batter the shares. In Najarian's opinion, a lot of fund mangers are taking profits in winners like RIMM.

EchostarDISH fell 5% as market speculators think a deal with AT&T might not come to fruition with Echostar entering the wireless spectrum auction. But Adami advises buying DISH for a trade and stopping out below $38.

Phillips-Van HeusenPVH fell 13% after profit forecasts fell below Wall Street expectations. Macke points out that it's a tough time to be selling to department stores.

XM Satellite RadioXMSR fell 5% after Goldman Sachs downgraded the stock and slapped an $11 price target on the name. Adami agrees and sees nothing good in this stock.

Final Trade

The team hands out trade ideas at the end of the show for viewers.

• Macke says if you can get GuessGES tomorrow, load up.
• Adami's choice is NordstromJWN.
• Finerman reaffirmed her idea of going long Goldman Sachs GroupGS and short Lehman Brothers HoldingsLEH.
• Najarian suggested bottom picking Fannie MaeFNM on Wednesday morning.