I think it's selective recognition Party.
I am guilty also.
"We" notice batches of winners or losers, we don't tend to notice anything out of the ordinary.
I was of the same opinion as yourself, it seemed that a bad run was followed by a good run and vice versa, however, when I went back and looked at the data for a whole year, it only happened a few times.
An example of a noticed run was one day I lost 22 units backing favourites, the very next day I won exactly 22 units!
I noticed this because it was kind of eerie.
I never notice anything that doesn't stand out.
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