Of all the stock pick strategies out there, this has got to be one of the easiest to follow. I don't buy into the rebalancing part of it, and have my own views, but the selection criteria make a lot of sense. My june watchlist of the top 10 MF candidates, shows EOH, EXX, KIO, PNC, MTA all in excess of 20% growth, with Vod having been there but pulled back again. Only one MF candidate for June has taken a hit - Raubex of 12%. A couple are sitting in 3 or 4% loss, which is neither here nor there, so all in all, this strategy has a lot of common sense in it - take the best performing and cheapest stocks out there and buy them. So simple, so elegant. Of course, you need to exercise a bit of thought in the timing. My current strategy - is wait for the ALSI pullback - look for the MF candidates showing relative strength, and start buying selectively. Also, watch out for any stocks that make the list out of the blue for no explainable reason - like RLO, who suddenly have a massive jump in ROCE.