Updated from 6:58 a.m. EDT

The traders of CNBC's "Fast Money" continue to be amazed and shocked by the volatility and selling pressure in the stock market. The gang has been telling viewers for weeks that high volatility, irrational selling and institutional liquidations of stocks are creating some once-in-a-lifetime opportunities.

The crew knows that the crazy moves in the market have forced some of the best hedge funds and traders to the sidelines in cash. This is the precise time the gang thinks that average investors should begin to search for investment opportunities.

Don't let the falling stock market scare you off. Tune in to the traders of "Fast Money" and begin to create your watch list of potential stock plays. At a time like this, you need to hear what the experienced pros on Wall Street are saying.

The gang recently highlighted trading ideas that play off potential bank takeovers, such as National City ( NCC); stock picks for a market bottom, including Chesapeake ( CHK); and alternative energy stocks, such as JA Solar ( JASO). Here are some highlights from over the past week as aggregated from the show.

To read more about what the crew's been talking about lately, visit Stockpickr.com.
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 Stockpickr LLC, a wholly owned subsidiary of TheStreet.com 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 and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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