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Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
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Oct.20
6:49 PM ET

Like fingerprints and snowflakes - no two bull markets are alike.

In the 1980s we had leg warmers and low interest rates. In the 90s we had 90210 and the emergence of the Internet. And in the new millennium we had easy mortgages and Miley Cyrus.

But that was then. Now we’re 12 months and 40 percent into a decline with investors wondering when this angry bear will back down.

Maybe sooner maybe later, but eventually all bears go into hibernation and the next bull will start running. Of course, this next one will likely be green.

You can see its beginnings in the wind farms, photovoltaic cells, nuclear power plants and hybrid cars sprouting up across the nation. Already, solar energy demand is up more than 50 percent since last year and an estimated 5 million green collar jobs are expected over the next decade.

To be sure, lower oil prices have made the green drive seem less urgent and the credit crunch has smaller wind companies unable to secure financing but both presidential candidates plan to make alternative energy a major priority the next four years.

So the next bull you've been waiting for may be an all-natural, tofu-eating Taurus.

How can you trade the trend? Zach Karabell recommends nuclear energy which he thinks is starting to shrug off its negative image. He suggests playing it with, The Shaw Group [SGR  Loading...      ()   ], Exelon [EXC  Loading...      ()   ], or Entergy [ETR  Loading...      ()   ] .

Karabell also thinks solar is attractive despite the recent sell-off and his favorite names in the space are JA Solar [JASO  Loading...      ()   ] , LDK Solar [LDK  Loading...      ()   ] , and SunTech [STP  Loading...      ()   ] .

Pete Najarian agrees with the thesis but he recommends waiting until the companies “show you something.”

Karen Finerman has a completely different perspective. ”I think the easiest way to play green is long oil [US@CL.1  Loading...      ()   ],” she says, “because the urgency we had 6 months ago to find alternatives energy is starting to fade.” In other words when oil gets expensive again, there will be a renewed call for alternatives.

There’s an ETF that I like, add Joe Terranova. Look at Market Vectors Glbl Alter. Engy ETF Trst [GEX  Loading...      ()   ].

And be careful of ethanol, Karabell tells us. Regulatory issues on horizon make corn-based ethanol names dicey at best.


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Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to .

Trader disclosure: On Oct.20, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money trader; Finerman Owns (GS), (MRK), (JNJ); Finerman's Firm Owns (MSFT); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (USO), (BBT), (COF), (IWM); Finerman's Firm Owns (OIH) Puts; Finerman's Firm Owns (NKE) Calls; Seymour Owns (AAPL); Seymour Owns (CCJ); Seymour Owns (MER); Seygem Asset Management Owns (FXI), (VIP); Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (ADM) And (ADM) Call Spread; Najarian Owns (EMC) And Is Short (EMC) Calls; Najarian Owns (FCX) And Is Short (FCX) Calls; Najarian Owns (MS) And Is Short (MS) Calls; Najarian Owns (MSFT) Calls And Is Short (MSFT) Puts; Najarian Owns (SNDK) And Is Short (SNDK) Calls; Najarian Owns (BNI); Najarian Owns  (TSO) Calls And Is Short (TSO) Puts; Terranova Owns (AAPL), (EXM), (FCX), (FTO), (MA), (NOV), (POT), (X), (VLO); Terranova Owns Dec. Crude Oil; Terranova Owns Dec. Gold;

Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV;

Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (BIG), (CNW), (OFC), (DLM), (DRH), (DLR), (EPR), (EXR), (FL), (SLB), (LNET), (MAC), (DBC), (DBV), (SKT), (UA), (BLV), (VV), (CLB), (GWX), (IGE), (FSMXX); Virtus Investment Partners Owns Seagate Tax Refund Rights; Virtus Investment Partners Owns Seagate Technology Tax Refund Rights; Virtus Investment Partners Owns More Than 1% Of Shares Of Incitec Pivot Ltd.; Virtus Investment Partners Owns More Than 1% Of Shares Of Essex Property Trust Inc.

CNBC.com with wires

© 2009 CNBC.com

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