After rolling out of bed this morning, I made the two-step trip to my laptop to see what happened in the world during my slumber.

Most of the stories I read before I went to bed were still making top headlines, with the exception of the Peruvian earthquake. Even the business news stories were the same, albeit with new headlines.

It was the same stuff I've been reading for over a week now. And, quite frankly, I'm sick of it.

• Investors seek refuge as global stock slide snowballs
• Home construction down in July
• U.S. stocks move toward further pullback
• World markets fall again on loan worries
• Futures stay sharply lower after housing data

These guys are just recycling news stories and changing the headlines. If I read about the housing market and sub-prime woe, sliding world markets, or a lack of liquidity one more time, I'm going to be sick.

I'm a Bull. And as such, I refuse to buy into this bearish gloom that has seemingly enveloped investors around the world.

The time has come to pull back the reins and say "whoa to the woe."

Correction or Recession?

I've heard stories of people thinking the market is done for a while. These are the same bearish buffoons hollering about buying the yen or loading up on gold. That's all hyperbole.

What we're seeing is a minor correction. A pothole. A molehill.

The Dow saw its all-time high of 14,121 on July 19. Since then, it's been creeping back down, hitting 12,517 this morning--an 11.35% skid. I'll just call it 11%.

So here's the long and short of it. The Dow rose rather quickly to over 14,000. About that time, massive news was beginning to break about sub-prime foreclosures and hedge fund shakiness. Remember Bear Sterns filing for bankruptcy protection?

After the initial chaos, foreign investors with heavy positions in U.S. funds began to reevaluate. That sparked warning sirens in nearly all world markets.

As a result of the panic, foreign investors even began to pull out of their own countries' funds. This is when we began to see the Asian and European markets slide.

After that, it was monkey see, monkey do. American buyers began to pull out and banks started reviewing their lending practices. Bad news has continued to spew from the housing market and investors have remained weary on looming credit concerns.

But there's an upside. There always is.

Red Light Special

There are too many problems in the world for the stock market not to turn around. In the U.S. alone, our infrastructure--water and electric, roads and bridges--is crumbling, we're facing water shortages, and there's a massive effort underway to wean ourselves off foreign oil.

Not to mention that the first two serious storms of the season are starting to come into play.

I suspect institutional and corporate investors will be looking for some good bargains before oil prices start to rise on Hurricane Dean's approach.

From what I've seen today--nothing but red--there are some pretty good deals out there.

There are solid companies that have lost 10% or more in the recent selloff. At their current levels, they are excellent buys.

And once big investors start scooping them up, the entire market will begin to turn around. It'll be monkey see, monkey do--only for the better.

We'll finally have put a "whoa to the woe."

And Green Chip's picks will be sure to lead the way. Today, even with all the red, a few of our stocks were reaching higher.

To gain access to the Green Chip portfolio, click here . We'll be sure to be the first ones taking profits once this thing turns itself around.

Until next time,

Nick