I"ve been investing and trading in stocks for many years. During this time I have made and lost quite a bit of money. Due to some above-average pattern-matching skills and a competitive spirit I have learned a great deal and made what I believe are some interesting discoveries. "PuddleMarket Theory" is a term based on "Puddleglum", a name I use on a stock market discussion blog. It refers to my beliefs and observations about what the stock market is likely to do and what discernible characteristics one must examine or consider in order to determine whether to take any action (buy, sell, hold).
B. Definitions