It may not be the bottom -- but it's enough of a bottom to get back into the market, says Scott Redler.
The chief strategic officer at T3live.com divides the Dow into ranges; and makes trading moves according to which range has been reached.
And what's his outlook right now?
"Investors should be putting their money to work now," says Redler.
"Don't pull [all your cash] for your 5-year plan... Yesterday was a good indication that money is being put to work."
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Disclosure information was not available for Redler or his company.