Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
388862 | Expert Systems with Applications | 2008 | 10 Pages |
Abstract
This paper presents the results of simulated trading on long time series price and share volume data for the Dow Jones Industrial Average and Standard and Poor’s 500 Index. Robust and systematic results demonstrate strong support for the effectiveness of the market trading heuristic of buying when one-day share trading volume spikes. Implementation of the methods is straightforward and may be readily accomplished with spreadsheet technology for decision support applications.
Related Topics
Physical Sciences and Engineering
Computer Science
Artificial Intelligence
Authors
William Leigh, Russell Purvis,