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Third quarter results reported so far are lackluster in most cases and many companies have provided bleak guidance for the fourth quarter.

On the other hand, recent U.S. economic data has been largely positive. Improving macro picture and the central banks' support will continue to make the market somewhat resilient.

And while the outlook for the Euro-zone is still very cloudy, China is showing some signs of bottoming out.

However, with the presidential race in a dead heat and the looming fiscal cliff, the investors are hesitant to make any big moves in the market.

The market may thus continue to move sideways (possibly with a downward bias) in the coming weeks.

 So, what's your strategy for this market?

1) Buy the dips since you believe that the long-term direction is still up

2) Use options/ leveraged ETFs for short-term hedging/trading

3) Buy defensive and low-volatility stocks or ETFs to limit downside risk

4) Stay away from the market until there is better visibility

Please share your thoughts.

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