'Fast Money' Recap: Nowhere to Go

Dylan Ratigan started off CNBC's "Fast Money" show Monday with a discussion of how stocks are near new lows in the credit crisis.

Guy Adami said he thought the Dow Jones Industrial Average was going to trade above 9,000 today. "If the Dow closes below 7,800, we will see 6,000 next," he said. The Dow fell 223.73, or 2.6%, to 8273.58 at the close of trading on Monday.

Tim Seymour said there is no reason to act with so much policymaking hanging in the balance. He said, "Europe and Japan are in recession for the first time since World War II." ...