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Updated from 6:59 a.m. EDT

Some $15 trillion to $20 trillion dollars in equity from real estate, bonds and stocks worldwide have been wiped off the face of the earth. For the most part, these assets will climb higher in the long term. But, where these asset classes go in the short-term (the next day to week) is anyone's guess. Heck, in bear markets, the best strategy is to find volatile stocks and trade them accordingly.

One thing for certain is that some stocks have been beaten down way too much. These stocks have the potential to rocket higher on any positive catalyst.

This week's Rocket Stocks portfolio includes

James River Coal







(HUM) - Get Humana Inc. Report



( HLYS).

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A note from James Altucher:Every weekend I send an email to Jim Cramer and several hedge fund managers about the most interesting portfolios posted on Stockpickr that week. Usually those portfolios not only list stocks according to atheme but also offer significant analysis as to why the stocks are cheap.Here are some examples: Here's the challenge: Build a portfolio at with greatanalysis, and send me the link. Each great portfolio (with analysis)will get posted on with your byline (as a "StockpickrGuest Columnist") and will be included in my email I send to Jim and the otherhedge fund managers on my list.

At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of


LLC, a wholly owned subsidiary of and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the

Financial Times

and the author of

Trade Like a Hedge Fund


Trade Like Warren Buffett



. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

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to send him an email. has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from