At about 1245 eastern time, a Beech BE-55 was substantially damaged in a hard landing at Stroudsburg-Pocono Airport. The pilot was not injured. According to the pilot, the airplane ballooned during the landing flare. The pilot applied a nose down correction and subsequently landed hard on the nose landing gear, which collapsed. When asked what could have been done to prevent the accident, the pilot stated that he should have performed a go-around.