Fast Money starts right now.

Live from the Nasak Market site overlooking New York City's Times Square.

I'm Melissa Lee.

Your traders on the desk are Tim Seymour, Karen Finerman, Dan Nathan, and Guy Adami.

Tonight on Fast Red, December rages on.

Stocks Tanking again today.

But one strategist says the bull market isn't dead yet,

he will explain why.

Plus, it just keeps getting worse for Goldman Sachs.

The stock is now down 40% from its 52 week high, but the

Chartmaster says there is one thing that has him pressing the buy button. He will explain.

We start with the market sell-off. Check out the S&P 500 taking out those February lows in the final minutes of trading.

We did slightly bounce off that level, but Sox still managing to close at the lowest level in more than a year.

Meantime, the Dow dropping more than 500 points

to Nazak wiping out its games for the year

joining the other major indices in negative territory.

So as we sink further and further into a correction,

are we heading straight for a bear market are the

bears here to say guy well the bears who say hi Mel by the way happy Monday

yeah we're right in the window now of the holidays, like eight days.

That's fantastic.

Let's save the Christmas special for a time when maybe the market's less important.

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