OK, now for the fun part of market bottoms, picking the low-hanging fruit that has the makings of five- and 10-baggers.

As the year comes to close, fund managers will be removing all the losers they were praying would recover by year-end from their portfolios. As reality sets in that they are wearing well-known stocks down 70%-80%, they will panic and liquidate these positions by Dec. 31 so they don't have to show them on the books.

This is where opportunity lies. With every major correction -- the ones that come alone every 10 years or so -- some great companies in leading industries get blown out because they are leveraged to a vital global economy. It makes perfect sense then that several Fortune 500 companies, doing billions in revenues, now trading under $5 would be worth accumulating in order to sell these same names at $15-$20 when the market turns back up next year.

This is how the smart money makes big money. Buy big positions in well-known leaders in their sectors and NYSE-listed names where the stocks are down by 70%-90% from their pre-Beijing Olympics highs. But let me tell you, as a professional trader with more than 24 years experience, time and time again I've kicked myself for not taking many more big positions in sub-$5 names.

After screening literally hundreds of stocks, I wanted to circle the wagons around three stocks that I believe will have the best chance to provide you with a five-fold return during the next 18-24 months. That's about the length of time it takes for these kinds of multi-national companies to come back to life and light up the world. But this is where the legendary investors have all made their fortunes.

Trading Strategy:  Read on to find the three stocks I believe will return your money three- to five-times over in 12-18 months