If This Is a Stock Market Correction, "Bring It On"

After last week's gyrations, the Standard and Poor's 500 Index is down 5.5% from its September highs - more than halfway to a stock market correction of about 10%.

But Money Morning Chief Investment Strategist Keith Fitz-Gerald - a seasoned market analyst with 33 years of experience - refuses to go along with the gloom-and-doom crowd that's now predicting a stock market crash of 20% to 30%.

"They've been talking about that since the March 2009 lows when the end of the financial universe was supposedly behind us, and they've been wrong for 200-plus percent," Fitz-Gerald said in an appearance on the FOX Business program "Varney & Co." on Monday (today).

But a 10% stock market correction doesn't concern him, either. On the contrary, he relishes the idea.

Here's his outlook for investors as stock market correction talk picks up:

UP NEXT: With volatility on the rise, investors will be tempted to make the worst possible moves. Ironically, Fitz-Gerald says, it's a tactic that comes naturally to all of us - but it's incredibly destructive. This is the one investing strategy you should never use...