If you want some stock-market-survival advice, pull up a chair and spare us a couple of minutes.
From late April to mid-June, the Dow Jones Industrial Average plummeted more than 900 points. That 7% stock-market decline - which included a six-week losing streak - accelerated talks of a new bear market and a double-dip recession.
But just when it appeared the bottom was going to fall out of the U.S. stock market, the Dow did an about-face: It soared nearly 650 points in just five days and, like a vaudeville magician, seemed to make the bear-market worries disappear.
But don't be too trusting, says Money Morning's Keith Fitz-Gerald. In a market like this, stock-market survival is all about careful research, attention to detail and risk management.
"Like any investor or trader, I'll take a rally however it happens to come - and no matter why it comes," Fitz-Gerald said in an interview yesterday (Tuesday). "But I remain very concerned with what I see. It won't take much to spook this market."