Stocks plunged Wednesday, with the Dow Jones industrial average closing down more than 290 points, but several market experts said they weren't worried.
In fact, they were using the opportunity to scoop up undervalued names.
"This bull market, we all know it's eventually going to end, but it's not going to end today," said Matthew Tuttle, chief investment officer of Tuttle Tactical Management.
Since the Federal Reserve has made it clear that interest rate hikes will be data dependent, bad economic news and a falling dollar are good for the market, he said in an interview with "Power Lunch."
"This morning there was bad economic news, the dollar is dropping, so to us this is a buying opportunity."
That said, the bull market must come to an end at some point. Tuttle predicts that will happen sometime around the end of 2016, but noted that "bull markets die very slowly." He anticipates the beginning of the end will happen once the Federal Reserve starts exiting the market.