Platitude. Stocks bottom in unisom but top one by one. Pareto principle: 80% of the price move comes in the last 20% of the time. Volatility is quiet preceding moves and expands as they exhaust. Volatility is more predictable than price. It won't be fertile until the # of NYSE 52 week lows hits 50. It'll get there eventually. When I write speed, I'm not referring to amphetamines. I'm still net long but have a couple lovely shorts. Monsanto and SRS (in effect long on REITS) with a recent reverse split. I like the taste of them.
Rumor has it Keynes used to trade currencies from his bed. I don't know about that but Keysian economics has created many of the holes mentioned. Spending our way to prosperity. Wait 'til you get your tax bill next year. What "we" need is a catalyst. Iceland wasn't it. Greece isn't it. Spain won't be it. But, the United Kingdom................Hmmm.
In 1987, James Baker gave a speech. In Germany. On an autumn weekend. Should have been a non-event. Specialist(S) had a alibi to gap down just about everything material. I think there's a clue there somewhere.
You've mistranslated. It means only seek battle when victory is assured. As nearly all market outcomes are decided in advance of the event, the correct translation would be to only trade when the market has shown you a very high probability of moving in the direction you anticipate.