With companies like NOD STS and IDL trading on trailing PEs (with good prospects going forward) of less than 3 there are starting to be some good bargains out there combine that with a few oversold A-Reits (BEC RNY )and junior goldies like DRA and TRY and there are some good opportunities around far better than what one can see on the NYSE.
Still I wouldnt sell the farm on it and there is likely to be some more blood in the streets especially coming out of European financials
