I usually go funds as well. However, if there are individual stocks that are getting hammered not because they're doing poorly but because the overall market sentiment is pushing people to sell, I'll grab those too. I.E. The Apple Bounce from a couple years ago where people would see off right before a major product announcement from Apple and artificially suppress the price. Buy it on the push down and when everyone buys back in because they think $NEW_PRODUCT_IS_AWESOME, you get the delta gain.

I tend to look for things that are strong on fundamentals and get murdered because of market sentiment and not because of business performance.