Why market's overshoot--

Those traders that have been following my trading and my philosophies on trading know that my style and methodology revolves around the theory that all markets overshoot and over-extend themselves, and that the highest probabilities for any trade is to play the market's reaction that comes after the market has exhausted itself to the upside and downside.

Based on what I know about all tradeable markets, I've identified the two factors that cause all markets to over-shoot. The other beautiful thing, those two factors that cause all markets to exhaust themselves also cause them to run the other direction once the exhaustion reaches the point of no return...