Technical analysis and the London Stock
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Terence C. Mills
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Article
📅
1997
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John Wiley and Sons
🌐
English
⚖ 181 KB
👁 3 views
This paper investigates the predictive ability of various simple technical trading rules by analysing daily data on the London Stock Exchange FT30 index for the period 1935± 1994. Assessing the statistical signi®cance of the rules via AR±ARCH models and bootstrap techniques, it is found that the tra