Fast Money starts right now.

Live from the NASDAQ market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk are Tim Seymour, David Seaberg, Brian Kelly, and Guy Adami.

Tonight on Fast, Twitter is tanking after

infamous shortseller Andrew Left says it is about to suffer a worse fate than

Facebook, but could it be your best chance to buy the stock? The traders

weigh in. Plus, don't look look now but General Electric is surging having

its best day in months. We'll tell you what had investors running to the stock but

first we start off with a sell-off on the street check out the NASDAQ 100 taking a turn midday selling off hard and taking the the

on the street check out the NASDAQ 100 taking a turn midday selling off hard and taking the rest of the market along with it.

All the major indices closing near the lows of the session and since the tech sector hit a high back on March 12th

it has been all downhill from there. It is 9% down from

its 52 week high. It has lost a whopping $270 billion in market cap. So as a tech trade unraveled and if so can the market

rally without it guy? Well I'll go backwards so I don't think the market can rally

without technology I'm not certain it's unraveled yet. You know, Tim's been on this Facebook.

You know, I thought Facebook had bought him a couple times. Clearly that's not the case.

And the problems in technology seem to be far more than just Facebook now. They're obviously

individual stories, but the

volatility we're seeing on. In Friday we said, at least I said, I think this will be the

most important week maybe of the last five years for the market, and I still stand to that.

The reversal we saw today was pretty

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