FYI: In 2007, The Journal of Wealth Management published a paper by Mebane Faber of Cambria Investment Management, “A Quantitative Approach to Tactical Asset Allocation.” The paper reviewed the results of a simple market-timing strategy using a 10-month version of the popular 200-day moving average technical indicator (in other words, a time-series momentum strategy). It went on to become the most downloaded paper on SSRN’s website, with more than 200,000 downloads.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-why-financial-trends-persist?nopaging=1
