1. Do not attempt to guess if the market has reached its peak. Moreover, even if the market has peaked, the stock you hold is still in the process of a catch-up increase, would you sell it? Let the moving average help us make the judgement (either 30 or 60 day averages are fine), and do the same with the stocks you hold. Sell when it falls below the moving average, and buy back when it rises above it.