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

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

The trading panel discussed whether to cash out or go all in.
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The trading panel discussed whether to cash out or go all in.

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) - Get Free Report

popped 11%. Macke said follow so he can sell to you, because WMT is probably not going to $70 per share.

General Motors

(GM) - Get Free Report

rose 14%. Seymour told viewers to fade and then fade it again.

Wells Fargo

(WFC) - Get Free Report

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) - Get Free Report

.

U.S. Steel

(X) - Get Free Report

soared 14%. Adami says "follow this one it goes higher from here."

General Electric

(GE) - Get Free Report

moved up 10%.

iShares MSCI Emerging Markets ETF

(EEM) - Get Free Report

soared 20%. Seymour told viewers to fade it in the short term.

Coach

(COH)

traded up 20%. Finerman says "fade Coach, but not a 'giant fade,' because the stock is still cheap."

This article was written by a staff member of TheStreet.com.