Title

Implementation and validation of an opportunistic stock market timing heuristic: One-day share volume spike as buy signal

Authors

Authors

W. Leigh;R. Purvis

Comments

Authors: contact us about adding a copy of your work at STARS@ucf.edu

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. (C) 2007 Elsevier Ltd. All rights reserved.

Journal Title

Expert Systems with Applications

Volume

35

Issue/Number

4

Publication Date

1-1-2008

Document Type

Article

First Page

1628

Last Page

1637

WOS Identifier

WOS:000259432600014

ISSN

0957-4174

Share

COinS