the day of reckoning is here, page-104

"While the market is going up GO LONG until there is confirmation otherwise, use risk management and forget your emotions/ego"

"While the market is going down GO SHORT until there is confirmation otherwise, use risk management and forget your emotions/ego"

Fixed it a little but you are on the right track.

A couple of other rules I live by.

Trade your own idea's, because they are the ones you understand.

Never trade sleepy, drunk, guru's newsletter's, illiquid markets, tips, without stops/targets or without a plan.