Why I've sold all my BRN... and all my other Stocks, page-229

All those people who looks up to Chartists to predict the SP have a look what someone called Warren BUFFET said about charts. with chartists predictions on charts its similar to that broken clock analogy. Do your DD and pay attention to how company progress and relevant facts and wait up till they deliver if you think it has a future is always the winning strategy.


"But Buffett discovered one small problem. Technical analysis didn't work. He explained, "I realized that technical analysis didn't work when I turned the chart upside down and didn't get a different answer."
After eight years of trying, he concluded that it was the wrong way to invest. Then he focused on the teachings of Ben Graham, which stressed business fundamentals, finding a strategy that both made sense and, more importantly, worked."