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This paper examines the effectiveness of nine technical trading rules on the Samp;P 500 from January 1950 to March 2008 (14,646 daily observations). The annualized returns from each trading rule are compared to a naiuml;ve buy-and-hold strategy to determine profitability. Over the 59 year...
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Purpose – This paper seeks to analyze the use of metaphor in the 1997-2006 letters to shareholders (LTS) of Nortel Networks Corporation (Nortel). It aims to assess the prevalence of metaphor and changes in the use of metaphor as turnover in corporate leadership took place and as Nortel's...
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This article tests the profitability of Bollinger Bands (BB) technical indicators. It is found that, after adjusting for transaction costs, the BB are consistently unable to earn profits in excess of the buy-and-hold trading strategy. However, the profitability is improved using a contrarian's...
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