good post: http://www.jonathangoldberg.com/2009/10/dont-panic-sell-beat-mr-market.html
Indeed: I was a net buyer today so far.
This is the time to focus on companies, not markets. I think NEP is a great example of a story that got better, but Mr. Market says it is worth less today than yesterday. Don't argue with Mr. Market -- take advantage.
Mr. Market will likely crush energy prices temporarily. The strong dollar ensures this. Energy stocks will suffer far more than their actual business.
Probably my next watch list buy is XIDE. Love to see it get hammered. If AONE can trade where it does, then XIDE should be worth 15.