Strategist: Put Your Money to Work!

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 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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CNBC's Companies in the News:

- Bank of America
(BoA Offering Half Sold; Pricing Today)

(AIG Early Warnings?)

- Morgan Stanley
(MS Gets Sweet Treatment from SEC)

- Alcoa
(Analyst: AA Will Disappoint)

- YUM! Brands
( Earnings News)



Disclosure information was not available for Redler or his company.