Good luck with market timing. Very few manage it. The best advice I've seen on your question in general terms is in the pages of Investors Business Daily. You might want to take a look (just do your best to ignore their insane political biases).
Sorry for all the psychobabble, but your taking the brunt for 25 posters manic depressive state is a definite study point... what is even more revealing when people are depressed they don't use their brains to think... so obvious I don't get much research into the grittier details of this stock market.
Judging from all the thumbs down I'm seeing from an open ended question asking for intelligent responses I would have to assume this board still gathers more moths and very little wattage for light bulbs. Thanks for the response.. I do very well in timing the market, but it takes research of data both macro and micro specific research. There is a clinical module to identify herd behavior.