over trading?

Steve,

I have followed your market calls recently. It seems that given market volatility you have been chopped over the last few months. If you are looking for a big break to the upside would waiting for SPX to break 1350's? I realize we are looking with hindsight knowledge, however after reading Reminiscences of a Stock Operator it discusses waiting on the side lines for a big move. As well as buying trends not reversals as you did yesterday? I am new to trading and would like to get a better understanding on your thoughts?

Thanks

David