Friday, March 27, 2009

Dylan Ratigan

Dylan Ratigan, the moderator of CNBC's "Fast Money" TV show, said, the market is looking "pretty darn good."Jeff Macke added, "Bernanke is dropping dollars from the skies and giving us money to spend."Pete Najarian said everyone participated in the rally except for the financials. He particularly noted the performance of the utilities, industrials and semiconductors.Karen Finerman was impressed with the "astounding" performance of the technology stocks, with the Nasdaq moving into positive territory this year.

Tim Seymour said investors should be getting on board this rally, after the VIX broke through its 200-day moving average. He was especially encouraged by the move up in the Dow transportation index and in such stalwarts Federal Express(FDX Quote - Cramer on FDX - Stock Picks) and United Parcel Service(UPS Quote - Cramer on UPS - Stock Picks).Ratigan asked the panel to comment on the 12.6% jump in Best Buy(BBY Quote - Cramer on BBY - Stock Picks) after it reported better-than-expected earnings report. Macke said the jump in the stock surprised him.

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