You really need to classes instead of putting the code in the page. For example, you can create a new class in skin.css, let's call it test1:
.test1 {FONT-SIZE: 8pt; COLOR: #000080; FONT-FAMILY: Verdana;}
Then, in the page itself, you just call that class:
<p class="test1">code you want formatted</p>
Cuts down on the file size of your pages significantly. Also, <strong> is the W3C compliant tag now, not <b>
Moving to Template Editing