i use square root #s to indicate which hour or day, wk, mo, will be a top or bottom, plus looking at the vibration of each stock. by that i mean how many cycles repeat themselves. sometimes the market will do nothing , but when you find repetative moves it will be stronger. i will be surprised tues. if its not up (citi) and i'm out. but it looks like a middle wave -3 to the downside , thats what got me to cover after hrs. bgp
i'll buy a bank when the bankers stop jumping out of windows... If I'm officed in a bank tower and I look out an see the CEO wizz by... I'll put in a limit order.....