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I would say don't start building links and throwing up content just yet. Let things settle out.
I've seen so many people fall in rank, then start building links and adding keyword rich content only to see further drops. So what do they do? Add MORE links and MORE text only to get further down.
Your link building technique may be flawed here and doing more of the same may hurt you worse. So let things settle down, see if you stabilize or even bounce back a bit before making any huge changes.
I've had blogs go from 7K google uniques a day to about 350 for a week only to return back to normal.
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