Out riding with a couple of guys today. We come up to a righthander. The turn's marked 15mph.. I would say it favors a 90 degree turn. So I make my approach; choose my line; look thru the turn....got my lean on....I go to bang the throttle to get thru turn there was a wet spot which I didn't see because I was looking thru to my exit . As soon as hit the throttle on the wet spot the back tire spins out....the front end starts ocillating back & fourth. The bike is now in highside mode & I have no control of the bike whatsoever. It happened so fast I didn't have time to think.I reacted instinctively,but I didn't panick because I knew no matter what happens I was in full gear...leather jacket-armor elbows-etc; icon field armor leg guards under my jeans, and sidi riding boots.So I wasn't in fear of getting hurt. I held on to the bars and was thankfully able to ride it out. I Held my arms up in the air triumphantly! and continued on my way. We all know that being able to think thru a situation is half of the battle, so even though everything turned out well I still don't know what I shoud & shoulnot do in this situation. Could someone please shed some light on the subject....thanx..sorry about the long winded thread.