Is this all you have??????
O:2/2 and 2/4 will always be on, never change, your timer will count down and reset itself countdown and reset itself etc. etc.
Write down what your trying to do, this output on for so long change to this output, etc etc. Add some comments or labels so you can identify what your seeing and everyone else for that matter.
Try doing a search on this site for traffic lights you'll get about 64 treads to read.
Try it and try to put comments in your ladder!!