Starting from Scratch

Holdings minimal. Prospects minimal. Undefinable trend. How do you play this market? Do you hold and hope for better days? Do you sit it out? I have found little that has worked for me. I have numerous stocks with strong fundamentals I would like to buy but I can't, they are going lower. I am going to switch gears now, and instead of trying to buy stocks that have good long term prospects, I am going to focus on mean reversion. I am going to execute most of my plays with slightly out of the money short term options with limited capital (as a percentage of my portfolio). I think the market has been a bit over-reactionary lately and I aim to take advantage of it. I am shifting to very short term trading these days because anything long term with erode in value before going higher and I just don't have the patience for that sort of activity. Lets see how this works out...