Some days, you have to love the market. Like today. Yes, I'm one of those people who, perversely enough, has a big appetite for red. That's because I love getting shares on sale, and I think there might be a few good bargains appearing today. Despite good-looking sales results, a lot of fine retailers are taking their lumps.

Case in point: American Eagle Outfitters (NASDAQ:AEOS). It has dropped like a rock over the past few days, including this morning, apparently owing to Street dissatisfaction with July sales and earnings guidance.

What's bunching the schizoids' undies today? Horrors! It's same-store sales growth of 17% and overall sales growth above 25%. Oh, and charge them with the further crime of lifting earnings guidance into the range analysts were expecting. You'll excuse me if I laugh openly at the people running screaming for the exits, especially given the trajectory of American Eagle's margins, free cash flow, and dividend. (Hint: The direction is up.)

But beleaguered Eagle fans need not feel alone. Solid sales performances from Guess? (NYSE:GES), Abercrombie & Fitch (NYSE:ANF), and Urban Outfitters (NASDAQ:URBN) have been greeted with the same lack of enthusiasm shown Aeropostale's (NYSE:ARO) crummy report -- a result that deserves a share of what Homer Simpson would call spankerin', in my opinion. (And I hold the stock.)

So rejoice, cheapskates. Mr. Market is giving you a bargain. He may even offer further discounts. He did the same thing on several strong companies late last summer, and by the early holiday season, some of them had offered amazing returns.

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Seth Jayson has been hoping for something like this for quite a while. Bring on the red! At the time of publication, he had shares of American Eagle, Aeropostale, and Guess?. View his stock holdings and Fool profile here. Fool rules are here.