Question: Most technical trading rules claim to be able to beat the market don't include trading costs in their analysis. When costs are included, they are
Most technical trading rules claim to be able to beat the market don't include trading costs in their analysis. When costs are included, they are more likely to underperform the market rate of return than not. This means (choose one)
the weak form EMH is likely true.
the strong form EMH is likely true.
the semi-strong form EMH is likely true.
all three forms of EMH are likely true.
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