Wong, Wing-Keung; Du, Jun; Chong, Terence Tai-Leung - East Asian Bureau of Economic Research (EABER) - 2005
generated, which outperform the buy-and-hold strategy. The cumulative wealth obtained also surpasses that of the buy-and-hold … strategy regardless of transaction costs. In addition, we study the performance of the MA family before and after the 1997 …