Followers of the random walk hypothesis believe that

		A) that traders can earn higher than normal returns by exploiting market anomalies such as the small-firm effect.
		B) the price movements of stocks are unpredictable, and therefore security analysis will not help to predict future market behavior.
		C) security analysis is the best tool to utilize when investing in the stock market.
		D) support levels and resistance lines, when combined with basic chart formations, yield both buy and sell signals.