Simple Technical Trading Rules and the S
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Brock W., Lakonishok J., LeBaron B.
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Library
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1992
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English
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This paper tests two of the simplest and most popular trading rules-moving average and trading range break-by utilizing the Dow Jones Index from 1897 to 1986. Standard statistical analysis is extended through the use of bootstrap techniques. Overall, our results provide strong support for the techni