I looked at yesterday's selloff a number of different ways last night. The overriding theme suggested this selloff is already getting overdone. Below is one example of a study I ran.
Instances are low, but with 100% winners on days 2, 7, 8, and 9 as well as very strong average trade results over the period I felt it was worth considering.
Links:
[1] http://1.bp.blogspot.com/_931wANibTqw/S2wfUbLt0QI/AAAAAAAABgs/8elxK16UtEQ/s1600-h/2010-2-5 png.png