I become a buyer as soon as a stock makes a new high on it's movements after having had a normal reaction. Never average losses. The human side of every person is the greatest enemy of the average investor or speculator. It is not well to be too curious about the reasons behind price movements. Wishful thinking must be banished.
Big movements take time to develop.
It is much easier to watch a few than many. If you cannot make money out of the leading active issues, you are not going to make money out of the market as a whole. The leaders of today may not be the leaders two years from now. Do not become completely bearish or bullish on the market because one stock in a particular group has plainly reversed it's course from the general market trend. Few people ever make money on tips.