What Happened?
October 7th, 2005 by BWV
Hard liquor stocks FO, STZ, BF have gotten wallopped recently.. BUD & TAP (budweiser & coors) are scrounging about their 52 week lows..
People stop drinking?
Doubt it. Maybe switching to wine..
Willamette Valley Vineyards (WVVI) broke out last week, and is now pulling back.. setting up nicely. I’d love to see it chop between $4.50 & $5 for about two weeks before I buy.
It’s only a $22 million market cap company (Kentucky Bank is worth about $100mm, as a reference point) that trades only a few thousand shares per day. So I’ll have to keep a somewhat small position size . Still, this chart looks appetizing. 
Nothing like a little Oregon Pinot Noir, just in time for the fall/winter season.. Despite the bearish market environment, I’ll likely be bidding for some vino soon.
