If I had to take a guess at this week's action, I'm going to guess that people are already going to get tired of hearing "we only lost 5 billion instead of 10 billion, pop the corks!".  The sell off in (good) financials was overdone most likely and last week was a pop back.  The better companies (C, JPM) popped back harder than the ones that could find themselves in serious trouble before this thing is over with.  However, I think we'll be giving back a little of those gains this week.  The only thing throwing a wrench into my theory on a quiet, down week is earnings.  There are some serious earnings reports this week, including my newest fund pick AXSYS on Tuesday.  I still think a lot of volatiliy this week as the reports are processed, but all in all, probably slightly down.

I hope I'm wrong.