Stock Selection
                        Stocks  all  go  through  four  major  phases  whichinclude the  following:    accumulation  (basing),  advancing,  distribution(topping), and declining.   Short-term traders  want to be involved  in  thedynamic advancing stage (Wave 3  for  you  Elliot  Wave  fans)  and  in  thedeclining phase for shorts.  During the advancing phase stocks will run  andthen consolidate for a short period or pull back 3, 5,  7,  8,13  days  thenexplode again to the upside (sells reversed).  I point out these  pull  backdays because they are most common but not a rule.                       All  moving  averages  will  be  rising  during  thisexplosive phase, and the stock will be above  its  20-,  50-  and  200-  dayEMA's.  If you did nothing else in stock selection  except  pick  stocks  inmomentum phases (advancing/declining) how bad can you do? However,  to  makeyour selection process more powerful, we want you to do a little more work.