2026-06-27T16:21:19Zhttps://docta.ucm.es/rest/oai/requestoai:docta.ucm.es:20.500.14352/414802023-11-14T07:17:17Zcom_20.500.14352_14col_20.500.14352_17
Docta Complutense
author
McAleer, Michael
author
Suen, John
author
Wong, Wing-Keung
2023-06-19T23:53:02Z
2023-06-19T23:53:02Z
2013-06
https://hdl.handle.net/20.500.14352/41480
https://www.ucm.es/icae
This paper explores the characteristics associated with the formation of bubbles that occurred in the Hong Kong stock market in 1997 and 2007, as well as the 2000 dot-com bubble of Nasdaq. It examines the profitability of Technical Analysis (TA) strategies generating buy and sell signals with knowing and without trading rules. The empirical results show that by applying long and short strategies during the bubble formation and short strategies after the bubble burst, it not only produces returns that are significantly greater than buy and hold strategies, but also produces greater wealth compared with TA strategies without trading rules. We conclude these bubble detection signals help investors generate greater wealth from applying appropriate long and short Moving Average (MA) strategies.
eng
Atribución-NoComercial 3.0 España
Profiteering from the Dot-com Bubble, Sub-Prime Crisis and Asian Financial Crisis
technical report
URL
https://docta.ucm.es/bitstreams/4b8d8eed-3b83-4af9-95c1-563c68faefe6/download
File
MD5
457a4a0625912856568ba9fa190e6d01
497568
application/pdf
1318.pdf
URL
https://docta.ucm.es/bitstreams/426dc58d-f1e7-4e1f-9346-a7af81d25be8/download
File
MD5
3ddc6c2af4925a2f55fb3de74e7bab56
69827
text/plain
1318.pdf.txt