14. Chou, P. H., and H. Chung, (1999), “Formulation versus holding horizons, time series predictability and the performance of contrarian strategies,” Journal of Financial Studies 7, 1 - 27.
2. Bacmann, J. F., M. Dubois, and D. Isakov, (2001), “Industries, business cycle and profitability of momentum strategies: An international perspectives,"EFMA 2001 Lugano Meetings.