hehehe mukondo u must not be following the earnings report AH.

financials are overbought besides the writedown by merill, and earnings misses by msft, goog.
all financials are trading down in aftermarket trading.

dennis gartman has been buying financials last few days/week.. his entry point is much lower than right now though. however gartman is no guru.

i think if u must go for quality names wfc, bac. otherwise only buy small quantities at a time to protect against downside.