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Did the Stock Market Hit Rock Bottom?

Market Meltdowns and Buying Opportunities

By Jeff Siegel
Tuesday, January 22nd, 2008

I got into the office this morning, knowing full well that today was not going to be good. Not that it would've taken a rocket scientist to figure that one out.

The proverbial poop hit the fan, and even with the Fed stepping in and the President determined to push through his stimulus package ASAP, rising unemployment, a falling dollar, and years of unaccountability in the mortgage sector (as well as an extraordinary lack of personal responsibility taken on by consumers), still led to a brutal market meltdown.

Of course the market did fight to maintain some control today, climbing back from a devastating drop in the morning. So did we hit the bottom?

Who knows for sure?

But at current levels, we are certainly seeing some incredible buying opportunities. Because while the market sell-off left few unscathed, the cream always rises to the top.

And this especially holds true in the alternative energy sector.

Solar, geothermal, energy efficiency-there are dozens of quality stocks that are guilty of nothing more than being caught up in the downward spiral. But these are fundamentally, quality stocks to own. And they're all in our Green Chip Stocks portfolio.

So if you're not already a member, sign-up here . Because buying opportunities like these don't happen everyday.

To a new way of life, and a new generation of wealth

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Jeff


Green Chip Review: A new way of life... a new generation of wealth
Jeff Siegel on CNBC
Green Chip Stocks Editor Jeff Siegel, featured guest on CNBC's Green Week

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