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To: Gary Burton who wrote (43787)5/3/1999 5:09:00 PM
From: Crimson Ghost  Respond to of 95453
 
Gary:

Thought you might be interested in the trading philosophy of the most successful investor I know.

Very simple. Buy a group in a strong uptrend and don't try to trade the short swings. Stay with it as long as you see higher highs and higher lows on the major fluctuations. Sell when the pattern breaks.

This way you will never get out at the exact high, but you most probably will get the vast bulk of the move.

Regarding the OSX, its ability to shrug off a bunch of downgrades is very bullish. My guess is it will peak around 85, but who really knows. Could go to 100 or even 120 on this move. Perhaps the best way to play is simply to stick with it until the pattern of higher highs and higher lows is broken.