'Fast Money' Pops & Drops: Fade or Follow?

Ratigan started a special edition of the "Pops & Drops" segment by asking the traders if they would "fade" or "follow" the rally in the stocks mentioned during the show.

Pops Wal-Mart(WMT Quote) popped 11%. Macke said follow so he can sell to you, because WMT is probably not going to $70 per share.

General Motors(GM Quote) rose 14%. Seymour told viewers to fade and then fade it again.

Wells Fargo(WFC Quote) jumped 11%. Finerman said to fade WFC because the company said it will do a big equity offering once it closes the deal with Wachovia(WB Quote).

U.S. Steel(X Quote) soared 14%. Adami says "follow this one it goes higher from here."

General Electric(GE Quote) moved up 10%.

iShares MSCI Emerging Markets ETF(EEM Quote) soared 20%. Seymour told viewers to fade it in the short term. Coach(COH Quote) traded up 20%. Finerman says "fade Coach, but not a 'giant fade,' because the stock is still cheap."