![Eugene Fama](https://www.trendfollowing.com/wp-content/uploads/2017/11/eugene_fama.jpg)
Question: Some researchers argue that a market timing strategy based on buy/sell signals generated by a 50- or 200-day moving average offers a more appealing combination of risk and return than a buy-and-hold approach. What is your view?
“An ancient tale with no empirical support.”
My response starts here and goes here.
!["An ancient tale with no empirical support."](https://www.trendfollowing.com/wp-content/uploads/2017/11/fama.jpg)