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evidence from 692 fund managers in five countries, the vast majority of whom rely on technical analysis. At a forecasting … psychological influences. Consequently, technicians apply trend-following behavior. -- fund managers ; technical analysis …
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of momentum traders in a sample of 692 fund managers. We find that momentum traders are 'defined' by their short … managers with respect to sophistication. This is consistent with the interpretation that momentum returns may compensate for …
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