TITLE

TO HOLD OR HOLD NOT

AUTHOR(S)
Dare, William H.
PUB. DATE
July 1995
SOURCE
Journal of Financial Planning;Jul95, Vol. 8 Issue 3, p123
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Recent evidence indicates that market timing using moving average trading strategies may enhance investment returns. To examine this possibility, the investment returns of a 200-day moving average strategy are simulated for the S&P 500 Stock Index over long investment horizons. The results indicate that investors who have long investment horizons, pay low commission costs, and receive nominal returns when invested in cash can beat a buy-and-hold investment strategy--while simultaneously reducing market risk.
ACCESSION #
5556211

 

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