Satellite strat is quite peculiar and specific. Are you playing events with a large field size and a fairly high number of tickets/seats being paid?
Generally speaking in those, you can reach a "safe" stacksize/position where it no longer benefits you to play
any hands. If the field is smaller, with only a small number of tickets/seats, then you can't "fold to the money", and you often have to take a few risks. Usually, the players with medium stacks have the least incentive to get involved. They should be the most risk-averse, which means you can steal their blinds. Big stacks can do a lot of strealing, but also need to be careful about playing against other big stacks that could cripple them. The shorties that
can't safely fold every hand have to look for spots where they can open jam to try and steal the blinds/antes.
FWIW, in big field satties I used to do what I called "bubble math". It goes like this:
If 50 people will get paid, and there are 60 people still alive, then you're normally safe if you're 60-50 = 10 places above the bubble position. i.e. if you're in 40th or higher, you're basically safe and can fold every hand, as you only need 10 people to go broke, and it's highly unlikely that all 10 that are currently outside the money will double up and put you in danger. If you're sitting outside the bubble position, you need to make a move, because you won't be able to ladder up 10 places. If you're right on the bubble position, it's gonna be really tense and you just have to keep your wits about you, not going crazy, but you should also look for spots to chip up and get "safer".
In microstakes satties, there are often many people that have no ****ing clue about correct satty strategy (they treat it like a normal tourney), so sometimes you
can ladder up by folding while they make ICM suicide attempts, so it pays to pay attention to who are the crazy players. Don't jam on the guys with huge stacks if you want to stay alive.
These articles by satty guru Dara O' Kearney should help you too:
http://www.bluffeurope.com/PokerMaga...attle_238.aspx
http://www.pokerplayer365.com/poker-...of-satellites/