The huge downward pressure on stocks is over for now, says Paul Moore. But though investors be thinking about getting back into the market, they must exercise extreme caution. The coming earnings season could reveal some more ugly numbers, while light volume over Christmas can increase market volatility.

Electronics retailer Best Buy (NYSE:BBY) slashed its full-year outlook today, saying it was “the most difficult climate we’ve ever seen.” But Paul Moore says Best Buy isn’t likely to head the same way as mismanaged Circuit City (NYSE:CC). In fact, BBY should even get a lift from the bankruptcy of its main rival just before the holiday season.

Many investors are turning to high dividend stocks to provide a steady income during this bear market. But Paul Moore says you have to be selective to make this strategy work. Companies that are short of cash could be forced to cut dividend payments. That’s why cash flow is the most important figure on the balance sheet for value investors.

The Nasdaq dropped 2% yesterday as widespread panic pulled down equities across the board. However, Paul Moore says tech stocks offer good long-term opportunities. He says the best way to hedge risk on individual company shares is with put options. Alternatively, tech-sector ETFs or a market index such as PowerShares QQQ Trust (NASDAQ:QQQQ) will diversify risk across the industry.

This year has been miserable for investors. For many, stocks are simply toxic right now. But Paul Moore in The Smart Profits Report says a year-end rally is likely in tech stocks. He says you could outperform the market by 15% by being invested in the sector over the final four months of the year, rather than throughout the entire year…

If you are looking for a company with rocket-like potential, Smart Profits Report tech investing expert Paul Moore says small-cap Immersion (Nasdaq: IMMR) could fit the bill.

Immersion develops haptic technologies that allow people to use touch to operate digital devices. Think the type of fancy touch-screen technology used by the much-hyped iPhone.

Paul says Immersion remains loaded with potential but remains still somewhat on the launchpad. But with three major set to toss the firm new business, Paul is bullish…

Paul Moore is a new tech investing expert with The Smart Profits Report. He says the best way to beat the bear is to follow the money. In a bear market cash is king. It allows companies a number of options that support their share price…