NEW YORK (

TheStreet

) -- The markets were mixed Tuesday after the

Fed

decided to keep interest rates near zero.

The

Dow Jones Industrial Average

rose 7.41, or 0.07%, to 10,766.03. The S&P 500 was down 2.93, or 0.26%, to 1,139.78, while the

Nasdaq

lost 6.48, or 0.28%, to 2,349.35.

Guy Adami said on

CNBC

's "Fast Money" show that three old tech titans are on a tear, acting as if it were 1999 again.

He pointed out

eBay

(EBAY) - Get Report

,

Priceline.com

(PCLN)

and

Amazon.com

(AMZN) - Get Report

have been trading close to their 52-week highs.

However, he said Amazon may be due for a pullback.

Tim Seymour said a lot of these names are moving higher as a result of short squeezes.

For a breakout of some stocks from a recent "Fast Money" TV show,check out Dan Fitzpatrick's "3 Stocks I Saw on TV."

3 Stocks I Saw onTV

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Joe Terranova said a lot of the new tech names like

F5 Networks

(FFIV) - Get Report

and

Riverbed

(RVBD)

have caught the eye of investors because they offer growth rates of 15% to 20%.

Terranova singled out

Apple

(AAPL) - Get Report

as the premier tech name because it offers innovation and uses its capital wisely. He sees the stock surging beyond $300.

Adami said

IBM

(IBM) - Get Report

, which hit a new 52-week high, is still cheap at these levels because of its visibility and recurring revenue stream. Terranova said IBM also got a bump from investors who deserted

Hewelett-Packard

(HPQ) - Get Report

when Mark Hurd left.

Mark Mahaney, U.S. Internet analyst for Citigroup, said Amazon still has room to the upside, despite hitting a 52-week high. He said Amazon has a nice product cycle ahead, including a new Kindle, and an accelerated pace of growth overseas, especially in Japan and China.

Melissa Lee, the moderator of the show, referred to a report that Larry Summers, head of the National Economic Council was stepping down and returning at the end of the year to Harvard, where he will be a professor.

Terranova said Summers will be missed because he represented the voice of moderation in instances such as the Volcker Rule and stimulus plans. He said he was somewhat pro-business in his approach.

Terranova said the Street needs a vote of confidence for Treasury Secretary Tim Geithner or the name of the person who will replace Summers. "Uncertainty is not something we need to overhang the markets."

Seymour concurred, saying the move raised questions about whether Geithner is staying on.

John Harwood,

CNBC

's chief Washington correspondent , said Summers' departure doesn't signal any significant change in policy. He said it's likely Geithner will stay, and he said the president will be challenged to maintain stability in his economic team while seeking fresh blood.

Commenting on today's FOMC meeting, Seymour said QE2 is back on the table because the recovery "has lessened." Terranova wondered whether the weak economic outlook will be reflected in third-quarter earnings reports in two weeks.

Brian Kelly said his reading of the FOMC comments was that the Fed is targeting inflation, which he said is bullish for corporate profits. Adami, though, said the prospects for inflation can't be good for a nation struggling with double-digit unemployment.

Reflecting on Monday's town hall meeting with Obama, in which he was a participant, Anthony Scaramucci said he was trying to tell the president that it's time to mend the differences between Main Street and Wall Street.

He said creating new jobs will require some structural changes. He alluded to his his own hedge fund, in which it costs $90,000 to support an employee who nets $35,000 out of his annual pay salary of $50,000.

Lee noted that

Adobe

(ADBE) - Get Report

was down 14% in after-hours trading after it revised downward its revenue guidance. Kelly said the move caught him by surprise he thought the company was going to benefit from the easing of restrictions by Apple on its apps platform.

Shifting to Wednesday's headlines, Lee noted that President Obama will meet with Chinese Premier Wen Jiabao over China's undervalued currency. David Reidel, of Reidel Research Group, said he doesn't expect anything significant to come out of the meeting.

Reidel said China is more worried about the euro zone, where a stumble by euro would have an impact on its currency.

Lee brought in Michael Binetti, an analyst with UBS, who put on a neutral rating today on

Nike

(NKE) - Get Report

. He said he did so because the stock's valuation is above its historical average.

He said Nike's growth story is intact, as it is running faster than its peers in footwear and apparel. He said the company enjoys a 10% growth rate in the U.S.

He said Nike faces the challenge in the coming holiday season of controlling inventory in a tough economic climate. He said Nike doesn't want be in a position of having to whack down prices during the holiday season.

In the final trades, Seymour said he would sell

Morgan Stanley

(MS) - Get Report

. Adami said he would he sell

JoyGlobal

(JOYG)

. Edwards was long

TAL International

(TAL) - Get Report

. Terranova said he sold some shares of

Radio Shack

(RSH)

.

--Written by David Tong in San Francisco.

To contact the writer of this article, click here:

David Tong.

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To watch replays of Cramer's video segments, visit the Mad Money page onCNBC

.

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