Quote Originally Posted by Pascal View Post
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I will now start working on these industry group MF models.
Pascal
Pascal, how do you explain the (admittedly anecdotal) observation that test results of models that use 20DMF invariably show 2010/2011 performance to be lower (typically much lower) than 2008/2009 performance? Is there a reason to suspect the market is becoming more "efficient" in arbitraging away the edge attributed to money flow rotation?

Trader D