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How to Play a Shaky Market: NYSE Trader Breaks it Down

A NYSE trader takes a deep dive into the market.

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Kenny Polcari, director at O'Neil Securities, talked about the ways to prepare in a market meltdown.  

"The market needs to find a way" to rally, Polcari says.

On Tuesday, Oct. 24, the Dow dropped 548 points at the session low. 

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Many investors may be feeling the anxiety as the Dow and S&P 500 fall in trading on Wednesday morning. 

Polcari gives investors advice on how to handle a volatile market and he even comments on his pumpkin risotto--the recipe to which can be found in his newsletter. 

Polcari tells TheStreet "the market has been rally and find a level of comfort."

On Tuesday, Jim Cramer said that he believes that the current market is a "buyers market." When asked, Polcari says that he agreed with that. He added that sellers are feeling anxious. 

Cramer has previously warned about selling during a dip.