id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3720	Rich, Steven P.; Reiekenstein , William	Market Timing for the Individual Investor: Using the Predictability of Long-Horizon Stock Returns to Enhance Portfolio Performance	1993	15	.pdf	application/pdf	5444	320	64	This type of strategy would allow an individual to increase equity exposure when the rewards to bearing stock market risk appear above average and to lower exposure when the rewards appear below average. Since RP is the only candidate to show a consistent in-sample relation to S&P stock returns, we determine whether it can enhance large (i.e., S&P) stock returns in out-of-sample tests.	cache/fsr-3720.pdf	txt/fsr-3720.txt