Wetsand the clear only, and after it has had time to cure. You can start with 600 then, 1000 then, 2000 and finish with compound, swirl remover, then wax. Keep in mind, all this is necessary only if you want the ultimate in shine/gloss. If you only want semi-gloss you can just leave it alone otherwise, dry the area your sanding occasionally and check that all the shiny spots are gone.
The steps you have taken so far are spot on except for "150, 100, 220" typo?
don't forget to wipe down with a cleaner and tack cloth before painting!
Last edited by DriftR; May 10, 2009 at 09:45 PM.