Have a look at some banks - they were pretty much all whacked across the board today after the Fed minutes were released. Definitely an overreaction and easy money to be made from both the standpoint of having good dividends (and Fed said they will keep interest rates at zero for foreseeable future) and growing earnings along with the dividends. Check PFS - down about 15% in just the past couple weeks and now below BV - equivalent of a slam dunk in the banking arena.
A few weeks ago I sold our entire holdings of STI that we've been accumulating in our DRIP for the past 5 years since the crash as it touched $40/share (we were buying as low as something around $16). Today it closed below $37 - if it drops to $35 it is the deal of the century...current price target is $45.
This bank action is really all ok - generally they are weak during the first few months of the year and then they go up the remainder.
If we have another down day tomorrow, maybe I'll be able to get my SMTP shares back.