| 1. | Size effect and momentum effect is the hot debate issue of china stock market
规模效应和动量效应一直是中国股票市场上争论的热点。 |
| 2. | There is not short - term overreaction in chinese security market . the return manifests distinct momentum effect
中国证券市场在短期内不存在过度反应现象，收益在10天的时间窗口内表现出显著的惯性效应。 |
| 3. | The momentum effect has also suffered some sharp switchbacks ( including an 80 % decline in 1975 ) that may have wiped out those traders who tried to follow it
惯性效应在股市快速下跌时（包括1975年80 %的跌幅）也受到伤害，那些试图跟随惯性的投资人可能已经出局。 |
| 4. | The research found that , the winner portfolio in the bull market has a positive momentum effect , while the loser portfolio in the bear market has a negative momentum effect
研究发现，赢家组合在牛市中存在着正的动量效应，输家组合在熊市中存在着负的动量效应。 |
| 5. | The momentum effect has also suffered some sharp switchbacks ( including an 80 % decline in 1975 ) that may have wiped out those traders who tried to follow it
趋势效果也不是四平八稳的（其中1975年的市值缩水80 ） ，这种不稳定可能使一些坚持此效果作用的投资者改弦易辙。 |
| 6. | The main manifest is positive feedback trading which have the property of self - fulfillment , the property of noise trade risk madding and the property of momentum effect
正反馈交易，是股市交易层面上反馈机制的主流和代表。换言之，从交易的角度看，股市中的反馈主要表现为正反馈交易。 |
| 7. | Momentum trading strategy is started from the return continuation research of intermediate horizon . it illustrate that stock price of intermediate horizon have momentum effect that maybe continuable move to a same direction
而动量交易策略源于对市场中期收益延续性的研究，表明中期股价具有向某一方向连续运动的动量效应。 |
| 8. | Based on the established methodology , we test the momentum effect in bull market ( from june , 1997 to june , 2001 ) and in bear market ( from june , 2001 to june , 2005 ) respectively on weekly basis in the article
摘要在参考国外研究方法的基础上，以周作为检验周期，将1997年6月至2001年6月的股市作为牛市， 2001年6月至2005年6月的股市作为熊市，然后分别检验股市在这两个不同时期的动量效应。 |
