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John Authers

Bear Market Rallies Can Be a Treacherous Lure

The descent from a historic top tends to be punctuated with violent reversals. Playing these rebounds is best left to traders who can move fast.

Be careful out there.

Be careful out there.

Photographer: Leon Neal/Getty Images Europe

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The dizzying volatility continues. Markets don’t generally fall in a straight line, and bear market cycles provide plenty of opportunities. The problem is that those include the chance both to make and lose money.