Like the S&P back in 2009, top trader Joe Terranova says this is a once in a lifetime opportunity to buy Apple.

I bought it at $240. I think Apple is experiencing a March 2009 moment; what that means is it’s a generational buy.

I am all in on Apple.

It think what’s driving it lower here is margin calls, short term thinking… Longer term, this is the buy. – Joe Terranova

Watch the video here.