Before you read this, you should be sure you've seen Nightmare night 3: [link]
and part 1 of the Day after Nightmare Night: [link]
This was done mostly in PaintTool SAI, except the text boxes, which I used paint.
The yellow text boxes are Cheerilee talking from her spot in the corner where she is laying down.
EDIT: Fixed some spelling mistakes to improve readability
MLP:FIM is (C) Lauren Faust and Hasbro