What is the recommended technique for recovering from a rear-wheel skid (oversteer) on a slippery road?

1. Steer smoothly into the direction of the skid (the direction the rear end is sliding) and avoid hard braking.
2. Slam the brake pedal down firmly and steer sharply in the opposite direction.
3. Pull the handbrake to lock all four wheels.
4. Accelerate hard to straighten the vehicle.