Bebida Beverage Company (BBDA)

[georgewrasmussen]

No.

Why?

Because a lot of times fundamental information can be interpreted incorrectly. And, YES, so can charts if you are not good at reading them.

I happen to be great at chart reading and diagnosing the near future.

This is not to say there are not GREAT fundamentalists out there, because they do exist.

But it is much easier to read a chart then to decipher the multitude of dynamics that can affect a stock price.

All of the negative statements in the past year have been all the same while BBDA climbed 2300%.

And all of the negative statements in the past nine weeks did not effect BBDA's chart one bit...in fact just the opposite is happening. It looks extremely healthy...no matter...how much evidence/theory/crazy ideas goes against this logic.

So the point to my story is...go to the library and read all you can about charts and idicators.

They work.