If the record run from 13,000 to 14,000 was swift, the reversal of fortune has been truly historic.
In less than four weeks, the Dow Industrials went from 14,000 on July 19 through the 13,000-level on August 15. A cut in the Fed's discount rate Friday provided some support but few expect swift return to normal.
The marlet's vicious and rapid decline -- what many are calling a correction but what others are suggetsing may be the beginning of a bear market -- has sent some investors running to the sidelines. Those with a greater taste for risk may be thinking the decline is a opportunity to buy Sidelines or front lines, most investors want to know how to play the market and what -- if anything -- is worth a look.
The Nasdaq has held up the best among the major indices, prompting some analysts to say technology is the place to invest. Cisco, for example, is fractionally higher than its closing price the day of the stock market's peak in mid-July. Apple, on the other hand, is down about 10% but still up sharply for the year.
Given the dramatic volatility of recent weeks, CNBC has put together a survival guide for investors. Here's a sampling of what our experts had to say during the week.
Financials On Sale
David Katz, chief investment officer, for Matrix Asset Advisors, spoke with Mark Haines and Melissa Lee.