I think natural gas is still a good play, it's not going down in price as much as oil is and the heating season has yet to arrive. Many of the new homes that were just built use nat gas for heating, too. My pick is CHK.

In oil, I would watch for dips in oil service stocks, either those who specialize in repair, deep water drilling or else refineries. Don't buy on the recent highs, they tend to fluctuate quite a bit and there was a big run up, last week.