Multiple Choice
Batten and Ellis (1996) examine the performance of various technical trading rules in Australia and find:
A) all the rules outperform a simple buy and hold position after considering transaction costs
B) rules of technical analysis are rather arbitrary in nature
C) technical analysis rules are best left to statisticians
D) none of the rules outperform a simple buy and hold position after considering transaction costs
Correct Answer:
Verified
Correct Answer:
Verified
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