can you give some pointers on selling? You mention on page 69 to "sell stocks you own if they fall below a long term moving average of say 30 weeks", would you also use the 13 day and 63 day moving average mentioned above if the 13 day drops below the 63 moving average?

Sell criteria are pretty much the opposite of buy criteria. The 13 day ma dropping below the 63 day ma is a good intermediate-term sell criteria while the stock falling below its 30 week ma is more of a long-term sell criteria.

I note with interest, for example, that Knight Capital's 13 day ma fell below its 63 day ma in mid-May, when KCG was still above 12, and the stock fell below its 30 week ma in mid-June, when the stock was 11.80. Amazing how these things work, isn't it...

Walter Deemer