The brutal bear market that started in early 2008 has claimed many lives along the way. The S&P 500 dipped to its lowest levels since 1996 last week, proving once and for all that buy and hold is indeed a dead investment strategy.

While I am not advocating that retirees day-trade their 401(K)s, active portfolio management is an important tool during a bear market.

With this in mind, each week at Stockpickr, we compile the Rocket Stocks portfolio of stocks that could snap back in the coming days.

To read more, visit

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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 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. 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