id	sid	tid	token	lemma	pos
fsr-3399	1	1	perspectives	perspective	NOUN
fsr-3399	1	2	on	on	ADP
fsr-3399	1	3	“	"	PUNCT
fsr-3399	1	4	sell	sell	VERB
fsr-3399	1	5	in	in	ADP
fsr-3399	1	6	may	may	PRON
fsr-3399	1	7	and	and	CCONJ
fsr-3399	1	8	go	go	VERB
fsr-3399	1	9	away	away	ADV
fsr-3399	1	10	”	"	PUNCT
fsr-3399	1	11	:	:	PUNCT
fsr-3399	1	12	a	a	DET
fsr-3399	1	13	look	look	NOUN
fsr-3399	1	14	at	at	ADP
fsr-3399	1	15	recent	recent	ADJ
fsr-3399	1	16	evidence	evidence	NOUN
fsr-3399	1	17	and	and	CCONJ
fsr-3399	1	18	implications	implication	NOUN
fsr-3399	1	19	anthony	anthony	PROPN
fsr-3399	1	20	lovisceka	lovisceka	PROPN
fsr-3399	1	21	,	,	PUNCT
fsr-3399	1	22	*	*	PROPN
fsr-3399	1	23	,	,	PUNCT
fsr-3399	1	24	adam	adam	PROPN
fsr-3399	1	25	brodera	brodera	PROPN
fsr-3399	1	26	adepartment	adepartment	NOUN
fsr-3399	1	27	of	of	ADP
fsr-3399	1	28	finance	finance	NOUN
fsr-3399	1	29	,	,	PUNCT
fsr-3399	1	30	seton	seton	PROPN
fsr-3399	1	31	hall	hall	PROPN
fsr-3399	1	32	university	university	PROPN
fsr-3399	1	33	,	,	PUNCT
fsr-3399	1	34	400	400	NUM
fsr-3399	1	35	south	south	PROPN
fsr-3399	1	36	orange	orange	PROPN
fsr-3399	1	37	avenue	avenue	PROPN
fsr-3399	1	38	,	,	PUNCT
fsr-3399	1	39	south	south	NOUN
fsr-3399	1	40	orange	orange	PROPN
fsr-3399	1	41	,	,	PUNCT
fsr-3399	1	42	nj	nj	PROPN
fsr-3399	1	43	07079	07079	NUM
fsr-3399	1	44	,	,	PUNCT
fsr-3399	1	45	usa	usa	PROPN
fsr-3399	1	46	abstract	abstract	PROPN
fsr-3399	1	47	this	this	DET
fsr-3399	1	48	study	study	NOUN
fsr-3399	1	49	offers	offer	VERB
fsr-3399	1	50	three	three	NUM
fsr-3399	1	51	perspectives	perspective	NOUN
fsr-3399	1	52	on	on	ADP
fsr-3399	1	53	the	the	DET
fsr-3399	1	54	quote	quote	NOUN
fsr-3399	1	55	“	"	PUNCT
fsr-3399	1	56	sell	sell	VERB
fsr-3399	1	57	in	in	ADP
fsr-3399	1	58	may	may	PROPN
fsr-3399	1	59	and	and	CCONJ
fsr-3399	1	60	go	go	VERB
fsr-3399	1	61	away	away	ADV
fsr-3399	1	62	.	.	PUNCT
fsr-3399	1	63	”	"	PUNCT
fsr-3399	2	1	first	first	ADV
fsr-3399	2	2	,	,	PUNCT
fsr-3399	2	3	it	it	PRON
fsr-3399	2	4	tests	test	VERB
fsr-3399	2	5	the	the	DET
fsr-3399	2	6	annual	annual	ADJ
fsr-3399	2	7	performance	performance	NOUN
fsr-3399	2	8	of	of	ADP
fsr-3399	2	9	switching	switch	VERB
fsr-3399	2	10	from	from	ADP
fsr-3399	2	11	four	four	NUM
fsr-3399	2	12	equity	equity	NOUN
fsr-3399	2	13	mutual	mutual	ADJ
fsr-3399	2	14	funds	fund	NOUN
fsr-3399	2	15	to	to	ADP
fsr-3399	2	16	u.s	u.s	PROPN
fsr-3399	2	17	.	.	PROPN
fsr-3399	2	18	treasury	treasury	PROPN
fsr-3399	2	19	bills	bill	NOUN
fsr-3399	2	20	during	during	ADP
fsr-3399	2	21	the	the	DET
fsr-3399	2	22	historically	historically	ADV
fsr-3399	2	23	low	low	ADJ
fsr-3399	2	24	-	-	PUNCT
fsr-3399	2	25	return	return	NOUN
fsr-3399	2	26	period	period	NOUN
fsr-3399	2	27	of	of	ADP
fsr-3399	2	28	may	may	PROPN
fsr-3399	2	29	1	1	NUM
fsr-3399	2	30	to	to	ADP
fsr-3399	2	31	october	october	PROPN
fsr-3399	2	32	31	31	NUM
fsr-3399	2	33	against	against	ADP
fsr-3399	2	34	that	that	PRON
fsr-3399	2	35	of	of	ADP
fsr-3399	2	36	the	the	DET
fsr-3399	2	37	buy	buy	VERB
fsr-3399	2	38	-	-	PUNCT
fsr-3399	2	39	and	and	CCONJ
fsr-3399	2	40	-	-	PUNCT
fsr-3399	2	41	hold	hold	VERB
fsr-3399	2	42	strategy	strategy	NOUN
fsr-3399	2	43	from	from	ADP
fsr-3399	2	44	november	november	PROPN
fsr-3399	2	45	1	1	NUM
fsr-3399	2	46	to	to	ADP
fsr-3399	2	47	october	october	PROPN
fsr-3399	2	48	31	31	NUM
fsr-3399	2	49	.	.	PUNCT
fsr-3399	3	1	second	second	ADJ
fsr-3399	3	2	,	,	PUNCT
fsr-3399	3	3	it	it	PRON
fsr-3399	3	4	examines	examine	VERB
fsr-3399	3	5	the	the	DET
fsr-3399	3	6	switching	switch	VERB
fsr-3399	3	7	strategy	strategy	NOUN
fsr-3399	3	8	during	during	ADP
fsr-3399	3	9	the	the	DET
fsr-3399	3	10	two	two	NUM
fsr-3399	3	11	bear	bear	NOUN
fsr-3399	3	12	and	and	CCONJ
fsr-3399	3	13	two	two	NUM
fsr-3399	3	14	bull	bull	NOUN
fsr-3399	3	15	markets	market	NOUN
fsr-3399	3	16	occurring	occur	VERB
fsr-3399	3	17	from	from	ADP
fsr-3399	3	18	2000	2000	NUM
fsr-3399	3	19	to	to	ADP
fsr-3399	3	20	2016	2016	NUM
fsr-3399	3	21	.	.	PUNCT
fsr-3399	4	1	third	third	ADJ
fsr-3399	4	2	,	,	PUNCT
fsr-3399	4	3	it	it	PRON
fsr-3399	4	4	tests	test	VERB
fsr-3399	4	5	the	the	DET
fsr-3399	4	6	impact	impact	NOUN
fsr-3399	4	7	of	of	ADP
fsr-3399	4	8	taxes	taxis	NOUN
fsr-3399	4	9	on	on	ADP
fsr-3399	4	10	the	the	DET
fsr-3399	4	11	switching	switch	VERB
fsr-3399	4	12	strategy	strategy	NOUN
fsr-3399	4	13	.	.	PUNCT
fsr-3399	5	1	although	although	SCONJ
fsr-3399	5	2	there	there	PRON
fsr-3399	5	3	are	be	VERB
fsr-3399	5	4	signs	sign	NOUN
fsr-3399	5	5	of	of	ADP
fsr-3399	5	6	switching	switch	VERB
fsr-3399	5	7	strategy	strategy	NOUN
fsr-3399	5	8	effectiveness	effectiveness	NOUN
fsr-3399	5	9	,	,	PUNCT
fsr-3399	5	10	especially	especially	ADV
fsr-3399	5	11	during	during	ADP
fsr-3399	5	12	the	the	DET
fsr-3399	5	13	bear	bear	NOUN
fsr-3399	5	14	markets	market	NOUN
fsr-3399	5	15	,	,	PUNCT
fsr-3399	5	16	the	the	DET
fsr-3399	5	17	results	result	NOUN
fsr-3399	5	18	lack	lack	VERB
fsr-3399	5	19	the	the	DET
fsr-3399	5	20	statistical	statistical	ADJ
fsr-3399	5	21	significance	significance	NOUN
fsr-3399	5	22	to	to	PART
fsr-3399	5	23	conclude	conclude	VERB
fsr-3399	5	24	that	that	SCONJ
fsr-3399	5	25	it	it	PRON
fsr-3399	5	26	is	be	AUX
fsr-3399	5	27	superior	superior	ADJ
fsr-3399	5	28	to	to	ADP
fsr-3399	5	29	the	the	DET
fsr-3399	5	30	buy	buy	VERB
fsr-3399	5	31	-	-	PUNCT
fsr-3399	5	32	and	and	CCONJ
fsr-3399	5	33	-	-	PUNCT
fsr-3399	5	34	hold	hold	VERB
fsr-3399	5	35	strategy	strategy	NOUN
fsr-3399	5	36	.	.	PUNCT
fsr-3399	6	1	©	©	PROPN
fsr-3399	6	2	2018	2018	NUM
fsr-3399	6	3	academy	academy	NOUN
fsr-3399	6	4	of	of	ADP
fsr-3399	6	5	financial	financial	ADJ
fsr-3399	6	6	services	service	NOUN
fsr-3399	6	7	.	.	PUNCT
fsr-3399	7	1	all	all	DET
fsr-3399	7	2	rights	right	NOUN
fsr-3399	7	3	reserved	reserve	VERB
fsr-3399	7	4	.	.	PUNCT
fsr-3399	8	1	jel	jel	PROPN
fsr-3399	8	2	classification	classification	NOUN
fsr-3399	8	3	:	:	PUNCT
fsr-3399	8	4	g11	g11	PROPN
fsr-3399	8	5	keywords	keyword	NOUN
fsr-3399	8	6	:	:	PUNCT
fsr-3399	8	7	switching	switch	VERB
fsr-3399	8	8	strategy	strategy	NOUN
fsr-3399	8	9	;	;	PUNCT
fsr-3399	8	10	large	large	ADJ
fsr-3399	8	11	-	-	PUNCT
fsr-3399	8	12	cap	cap	NOUN
fsr-3399	8	13	fund	fund	NOUN
fsr-3399	8	14	;	;	PUNCT
fsr-3399	8	15	small	small	ADJ
fsr-3399	8	16	-	-	PUNCT
fsr-3399	8	17	cap	cap	NOUN
fsr-3399	8	18	fund	fund	NOUN
fsr-3399	8	19	;	;	PUNCT
fsr-3399	8	20	mid	mid	ADJ
fsr-3399	8	21	-	-	ADJ
fsr-3399	8	22	cap	cap	NOUN
fsr-3399	8	23	fund	fund	NOUN
fsr-3399	8	24	;	;	PUNCT
fsr-3399	8	25	balanced	balanced	ADJ
fsr-3399	8	26	fund	fund	NOUN
fsr-3399	8	27	1	1	NUM
fsr-3399	8	28	.	.	PUNCT
fsr-3399	9	1	introduction	introduction	NOUN
fsr-3399	9	2	here	here	ADV
fsr-3399	9	3	are	be	AUX
fsr-3399	9	4	some	some	DET
fsr-3399	9	5	memorable	memorable	ADJ
fsr-3399	9	6	wall	wall	PROPN
fsr-3399	9	7	street	street	PROPN
fsr-3399	9	8	quotes	quote	VERB
fsr-3399	9	9	:	:	PUNCT
fsr-3399	9	10	“	"	PUNCT
fsr-3399	9	11	you	you	PRON
fsr-3399	9	12	ca	can	AUX
fsr-3399	9	13	n’t	not	PART
fsr-3399	9	14	fight	fight	VERB
fsr-3399	9	15	the	the	DET
fsr-3399	9	16	tape	tape	NOUN
fsr-3399	9	17	”	"	PUNCT
fsr-3399	9	18	(	(	PUNCT
fsr-3399	9	19	hooke	hooke	NOUN
fsr-3399	9	20	,	,	PUNCT
fsr-3399	9	21	2010	2010	NUM
fsr-3399	9	22	)	)	PUNCT
fsr-3399	9	23	;	;	PUNCT
fsr-3399	9	24	“	"	PUNCT
fsr-3399	9	25	the	the	DET
fsr-3399	9	26	market	market	NOUN
fsr-3399	9	27	can	can	AUX
fsr-3399	9	28	stay	stay	VERB
fsr-3399	9	29	irrational	irrational	ADJ
fsr-3399	9	30	longer	long	ADV
fsr-3399	9	31	than	than	SCONJ
fsr-3399	9	32	you	you	PRON
fsr-3399	9	33	can	can	AUX
fsr-3399	9	34	stay	stay	VERB
fsr-3399	9	35	solvent	solvent	NOUN
fsr-3399	9	36	”	"	PUNCT
fsr-3399	9	37	(	(	PUNCT
fsr-3399	9	38	shilling	shilling	NOUN
fsr-3399	9	39	,	,	PUNCT
fsr-3399	9	40	1993	1993	NUM
fsr-3399	9	41	,	,	PUNCT
fsr-3399	9	42	from	from	ADP
fsr-3399	9	43	j.	j.	PROPN
fsr-3399	9	44	m.	m.	PROPN
fsr-3399	9	45	keynes	keynes	PROPN
fsr-3399	9	46	,	,	PUNCT
fsr-3399	9	47	1920	1920	NUM
fsr-3399	9	48	)	)	PUNCT
fsr-3399	9	49	;	;	PUNCT
fsr-3399	9	50	“	"	PUNCT
fsr-3399	9	51	the	the	DET
fsr-3399	9	52	trend	trend	NOUN
fsr-3399	9	53	is	be	AUX
fsr-3399	9	54	your	your	PRON
fsr-3399	9	55	friend	friend	NOUN
fsr-3399	9	56	”	"	PUNCT
fsr-3399	9	57	(	(	PUNCT
fsr-3399	9	58	taylor	taylor	PROPN
fsr-3399	9	59	,	,	PUNCT
fsr-3399	9	60	1988	1988	NUM
fsr-3399	9	61	)	)	PUNCT
fsr-3399	9	62	;	;	PUNCT
fsr-3399	9	63	and	and	CCONJ
fsr-3399	9	64	“	"	PUNCT
fsr-3399	9	65	be	be	AUX
fsr-3399	9	66	fearful	fearful	ADJ
fsr-3399	9	67	when	when	SCONJ
fsr-3399	9	68	others	other	NOUN
fsr-3399	9	69	are	be	AUX
fsr-3399	9	70	greedy	greedy	ADJ
fsr-3399	9	71	and	and	CCONJ
fsr-3399	9	72	greedy	greedy	ADJ
fsr-3399	9	73	when	when	SCONJ
fsr-3399	9	74	others	other	NOUN
fsr-3399	9	75	are	be	AUX
fsr-3399	9	76	fearful	fearful	ADJ
fsr-3399	9	77	”	"	PUNCT
fsr-3399	9	78	(	(	PUNCT
fsr-3399	9	79	buffet	buffet	NOUN
fsr-3399	9	80	,	,	PUNCT
fsr-3399	9	81	2008	2008	NUM
fsr-3399	9	82	)	)	PUNCT
fsr-3399	10	1	*	*	PUNCT
fsr-3399	10	2	corresponding	correspond	VERB
fsr-3399	10	3	author	author	NOUN
fsr-3399	10	4	.	.	PUNCT
fsr-3399	11	1	tel	tel	PROPN
fsr-3399	11	2	.	.	PUNCT
fsr-3399	11	3	:	:	PUNCT
fsr-3399	12	1	�	�	PROPN
fsr-3399	12	2	1	1	NUM
fsr-3399	12	3	-	-	PUNCT
fsr-3399	12	4	973	973	NUM
fsr-3399	12	5	-	-	PUNCT
fsr-3399	12	6	761	761	NUM
fsr-3399	12	7	-	-	SYM
fsr-3399	12	8	9207	9207	NUM
fsr-3399	12	9	;	;	PUNCT
fsr-3399	12	10	fax	fax	NOUN
fsr-3399	12	11	:	:	PUNCT
fsr-3399	12	12	�	�	PROPN
fsr-3399	12	13	1	1	NUM
fsr-3399	12	14	-	-	PUNCT
fsr-3399	12	15	973	973	NUM
fsr-3399	12	16	-	-	PUNCT
fsr-3399	12	17	761	761	NUM
fsr-3399	12	18	-	-	SYM
fsr-3399	12	19	9217	9217	NUM
fsr-3399	12	20	.	.	PUNCT
fsr-3399	13	1	e	e	X
fsr-3399	13	2	-	-	NOUN
fsr-3399	13	3	mail	mail	NOUN
fsr-3399	13	4	address	address	NOUN
fsr-3399	13	5	:	:	PUNCT
fsr-3399	13	6	anthony.loviscek@shu.edu	anthony.loviscek@shu.edu	PROPN
fsr-3399	13	7	financial	financial	ADJ
fsr-3399	13	8	services	service	NOUN
fsr-3399	13	9	review	review	VERB
fsr-3399	13	10	27	27	NUM
fsr-3399	13	11	(	(	PUNCT
fsr-3399	13	12	2018	2018	NUM
fsr-3399	13	13	)	)	PUNCT
fsr-3399	13	14	303	303	NUM
fsr-3399	13	15	-	-	SYM
fsr-3399	13	16	322	322	NUM
fsr-3399	13	17	1057	1057	NUM
fsr-3399	13	18	-	-	SYM
fsr-3399	13	19	0810/18/$	0810/18/$	NUM
fsr-3399	13	20	–	–	PUNCT
fsr-3399	13	21	see	see	VERB
fsr-3399	13	22	front	front	ADJ
fsr-3399	13	23	matter	matter	NOUN
fsr-3399	13	24	©	©	PROPN
fsr-3399	13	25	2018	2018	NUM
fsr-3399	13	26	academy	academy	NOUN
fsr-3399	13	27	of	of	ADP
fsr-3399	13	28	financial	financial	ADJ
fsr-3399	13	29	services	service	NOUN
fsr-3399	13	30	.	.	PUNCT
fsr-3399	14	1	all	all	DET
fsr-3399	14	2	rights	right	NOUN
fsr-3399	14	3	reserved	reserve	VERB
fsr-3399	14	4	.	.	PUNCT
fsr-3399	15	1	another	another	DET
fsr-3399	15	2	well	well	ADV
fsr-3399	15	3	-	-	PUNCT
fsr-3399	15	4	known	know	VERB
fsr-3399	15	5	and	and	CCONJ
fsr-3399	15	6	popular	popular	ADJ
fsr-3399	15	7	quote	quote	NOUN
fsr-3399	15	8	is	be	AUX
fsr-3399	15	9	“	"	PUNCT
fsr-3399	15	10	sell	sell	VERB
fsr-3399	15	11	in	in	ADP
fsr-3399	15	12	may	may	PRON
fsr-3399	15	13	and	and	CCONJ
fsr-3399	15	14	go	go	VERB
fsr-3399	15	15	away	away	ADV
fsr-3399	15	16	.	.	PUNCT
fsr-3399	15	17	”	"	PUNCT
fsr-3399	16	1	its	its	PRON
fsr-3399	16	2	origin	origin	NOUN
fsr-3399	16	3	is	be	AUX
fsr-3399	16	4	traced	trace	VERB
fsr-3399	16	5	to	to	ADP
fsr-3399	16	6	the	the	DET
fsr-3399	16	7	british	british	ADJ
fsr-3399	16	8	saying	say	VERB
fsr-3399	16	9	:	:	PUNCT
fsr-3399	16	10	“	"	PUNCT
fsr-3399	16	11	sell	sell	VERB
fsr-3399	16	12	in	in	ADP
fsr-3399	16	13	may	may	PRON
fsr-3399	16	14	and	and	CCONJ
fsr-3399	16	15	go	go	VERB
fsr-3399	16	16	away	away	ADV
fsr-3399	16	17	and	and	CCONJ
fsr-3399	16	18	come	come	VERB
fsr-3399	16	19	on	on	ADP
fsr-3399	16	20	back	back	ADV
fsr-3399	16	21	on	on	ADP
fsr-3399	16	22	st	st	PROPN
fsr-3399	16	23	.	.	PROPN
fsr-3399	16	24	leger	leger	PROPN
fsr-3399	16	25	’s	’s	PART
fsr-3399	16	26	day	day	NOUN
fsr-3399	16	27	,	,	PUNCT
fsr-3399	16	28	”	"	PUNCT
fsr-3399	16	29	(	(	PUNCT
fsr-3399	16	30	brecht	brecht	PROPN
fsr-3399	16	31	,	,	PUNCT
fsr-3399	16	32	2016	2016	NUM
fsr-3399	16	33	)	)	PUNCT
fsr-3399	16	34	,	,	PUNCT
fsr-3399	16	35	the	the	DET
fsr-3399	16	36	day	day	NOUN
fsr-3399	16	37	of	of	ADP
fsr-3399	16	38	the	the	DET
fsr-3399	16	39	final	final	ADJ
fsr-3399	16	40	race	race	NOUN
fsr-3399	16	41	in	in	ADP
fsr-3399	16	42	britain	britain	PROPN
fsr-3399	16	43	’s	’s	PART
fsr-3399	16	44	mid	mid	PROPN
fsr-3399	16	45	-	-	PROPN
fsr-3399	16	46	september	september	ADJ
fsr-3399	16	47	triple	triple	ADJ
fsr-3399	16	48	crown	crown	NOUN
fsr-3399	16	49	.	.	PUNCT
fsr-3399	17	1	the	the	DET
fsr-3399	17	2	event	event	NOUN
fsr-3399	17	3	marked	mark	VERB
fsr-3399	17	4	the	the	DET
fsr-3399	17	5	return	return	NOUN
fsr-3399	17	6	of	of	ADP
fsr-3399	17	7	high	high	ADJ
fsr-3399	17	8	-	-	PUNCT
fsr-3399	17	9	class	class	NOUN
fsr-3399	17	10	citizenry	citizenry	NOUN
fsr-3399	17	11	from	from	ADP
fsr-3399	17	12	their	their	PRON
fsr-3399	17	13	cooler	cooler	ADJ
fsr-3399	17	14	country	country	NOUN
fsr-3399	17	15	residences	residence	NOUN
fsr-3399	17	16	to	to	ADP
fsr-3399	17	17	the	the	DET
fsr-3399	17	18	cities	city	NOUN
fsr-3399	17	19	,	,	PUNCT
fsr-3399	17	20	and	and	CCONJ
fsr-3399	17	21	presumably	presumably	ADV
fsr-3399	17	22	to	to	ADP
fsr-3399	17	23	the	the	DET
fsr-3399	17	24	stock	stock	NOUN
fsr-3399	17	25	-	-	PUNCT
fsr-3399	17	26	selection	selection	NOUN
fsr-3399	17	27	hunt	hunt	NOUN
fsr-3399	17	28	.	.	PUNCT
fsr-3399	18	1	today	today	NOUN
fsr-3399	18	2	,	,	PUNCT
fsr-3399	18	3	according	accord	VERB
fsr-3399	18	4	to	to	ADP
fsr-3399	18	5	the	the	DET
fsr-3399	18	6	stock	stock	NOUN
fsr-3399	18	7	trader	trader	NOUN
fsr-3399	18	8	’s	’s	PART
fsr-3399	18	9	almanac	almanac	NOUN
fsr-3399	18	10	(	(	PUNCT
fsr-3399	18	11	hirsch	hirsch	PROPN
fsr-3399	18	12	,	,	PUNCT
fsr-3399	18	13	2016	2016	NUM
fsr-3399	18	14	)	)	PUNCT
fsr-3399	18	15	,	,	PUNCT
fsr-3399	18	16	the	the	DET
fsr-3399	18	17	quote	quote	NOUN
fsr-3399	18	18	refers	refer	VERB
fsr-3399	18	19	to	to	ADP
fsr-3399	18	20	the	the	DET
fsr-3399	18	21	observation	observation	NOUN
fsr-3399	18	22	that	that	SCONJ
fsr-3399	18	23	,	,	PUNCT
fsr-3399	18	24	since	since	SCONJ
fsr-3399	18	25	1950	1950	NUM
fsr-3399	18	26	,	,	PUNCT
fsr-3399	18	27	stock	stock	NOUN
fsr-3399	18	28	returns	return	NOUN
fsr-3399	18	29	,	,	PUNCT
fsr-3399	18	30	as	as	SCONJ
fsr-3399	18	31	measured	measure	VERB
fsr-3399	18	32	by	by	ADP
fsr-3399	18	33	the	the	DET
fsr-3399	18	34	dow	dow	PROPN
fsr-3399	18	35	jones	jones	PROPN
fsr-3399	18	36	industrial	industrial	PROPN
fsr-3399	18	37	average	average	PROPN
fsr-3399	18	38	,	,	PUNCT
fsr-3399	18	39	have	have	AUX
fsr-3399	18	40	advanced	advance	VERB
fsr-3399	18	41	by	by	ADP
fsr-3399	18	42	nearly	nearly	ADV
fsr-3399	18	43	7.5	7.5	NUM
fsr-3399	18	44	%	%	NOUN
fsr-3399	18	45	during	during	ADP
fsr-3399	18	46	the	the	DET
fsr-3399	18	47	months	month	NOUN
fsr-3399	18	48	from	from	ADP
fsr-3399	18	49	november	november	PROPN
fsr-3399	18	50	through	through	ADP
fsr-3399	18	51	april	april	PROPN
fsr-3399	18	52	but	but	CCONJ
fsr-3399	18	53	only	only	ADV
fsr-3399	18	54	0.30	0.30	NUM
fsr-3399	18	55	%	%	NOUN
fsr-3399	18	56	during	during	ADP
fsr-3399	18	57	the	the	DET
fsr-3399	18	58	months	month	NOUN
fsr-3399	18	59	from	from	ADP
fsr-3399	18	60	may	may	PROPN
fsr-3399	18	61	through	through	ADP
fsr-3399	18	62	october	october	PROPN
fsr-3399	18	63	.	.	PUNCT
fsr-3399	19	1	the	the	DET
fsr-3399	19	2	may	may	PROPN
fsr-3399	19	3	–	–	PUNCT
fsr-3399	19	4	october	october	NOUN
fsr-3399	19	5	period	period	NOUN
fsr-3399	19	6	,	,	PUNCT
fsr-3399	19	7	in	in	ADP
fsr-3399	19	8	particular	particular	ADJ
fsr-3399	19	9	,	,	PUNCT
fsr-3399	19	10	is	be	AUX
fsr-3399	19	11	highlighted	highlight	VERB
fsr-3399	19	12	by	by	ADP
fsr-3399	19	13	september	september	PROPN
fsr-3399	19	14	’s	’s	PART
fsr-3399	19	15	historically	historically	ADV
fsr-3399	19	16	negative	negative	ADJ
fsr-3399	19	17	monthly	monthly	ADJ
fsr-3399	19	18	return	return	NOUN
fsr-3399	19	19	of	of	ADP
fsr-3399	19	20	�	�	NOUN
fsr-3399	19	21	0.75	0.75	NUM
fsr-3399	19	22	%	%	NOUN
fsr-3399	19	23	,	,	PUNCT
fsr-3399	19	24	the	the	DET
fsr-3399	19	25	worst	bad	ADJ
fsr-3399	19	26	performing	performing	NOUN
fsr-3399	19	27	month	month	NOUN
fsr-3399	19	28	for	for	ADP
fsr-3399	19	29	equities	equity	NOUN
fsr-3399	19	30	.	.	PUNCT
fsr-3399	20	1	such	such	ADJ
fsr-3399	20	2	patterns	pattern	NOUN
fsr-3399	20	3	were	be	AUX
fsr-3399	20	4	first	first	ADV
fsr-3399	20	5	officially	officially	ADV
fsr-3399	20	6	published	publish	VERB
fsr-3399	20	7	in	in	ADP
fsr-3399	20	8	the	the	DET
fsr-3399	20	9	stock	stock	NOUN
fsr-3399	20	10	trader	trader	NOUN
fsr-3399	20	11	’s	’s	PART
fsr-3399	20	12	almanac	almanac	NOUN
fsr-3399	20	13	(	(	PUNCT
fsr-3399	20	14	hirsch	hirsch	PROPN
fsr-3399	20	15	,	,	PUNCT
fsr-3399	20	16	1986	1986	NUM
fsr-3399	20	17	)	)	PUNCT
fsr-3399	20	18	.	.	PUNCT
fsr-3399	21	1	not	not	PART
fsr-3399	21	2	surprisingly	surprisingly	ADV
fsr-3399	21	3	,	,	PUNCT
fsr-3399	21	4	given	give	VERB
fsr-3399	21	5	the	the	DET
fsr-3399	21	6	high	high	ADJ
fsr-3399	21	7	correlations	correlation	NOUN
fsr-3399	21	8	across	across	ADP
fsr-3399	21	9	equity	equity	NOUN
fsr-3399	21	10	market	market	NOUN
fsr-3399	21	11	measures	measure	NOUN
fsr-3399	21	12	,	,	PUNCT
fsr-3399	21	13	the	the	DET
fsr-3399	21	14	more	more	ADV
fsr-3399	21	15	-	-	PUNCT
fsr-3399	21	16	diversified	diversify	VERB
fsr-3399	21	17	s&p	s&p	PROPN
fsr-3399	21	18	500	500	NUM
fsr-3399	21	19	posts	post	NOUN
fsr-3399	21	20	an	an	DET
fsr-3399	21	21	average	average	NOUN
fsr-3399	21	22	of	of	ADP
fsr-3399	21	23	1.14	1.14	NUM
fsr-3399	21	24	%	%	NOUN
fsr-3399	21	25	from	from	ADP
fsr-3399	21	26	november	november	PROPN
fsr-3399	21	27	through	through	ADP
fsr-3399	21	28	april	april	PROPN
fsr-3399	21	29	compared	compare	VERB
fsr-3399	21	30	with	with	ADP
fsr-3399	21	31	0.25	0.25	NUM
fsr-3399	21	32	%	%	NOUN
fsr-3399	21	33	from	from	ADP
fsr-3399	21	34	may	may	PROPN
fsr-3399	21	35	through	through	ADP
fsr-3399	21	36	october	october	PROPN
fsr-3399	21	37	.	.	PUNCT
fsr-3399	22	1	this	this	DET
fsr-3399	22	2	study	study	NOUN
fsr-3399	22	3	does	do	AUX
fsr-3399	22	4	not	not	PART
fsr-3399	22	5	challenge	challenge	VERB
fsr-3399	22	6	these	these	DET
fsr-3399	22	7	patterns	pattern	NOUN
fsr-3399	22	8	;	;	PUNCT
fsr-3399	22	9	rather	rather	ADV
fsr-3399	22	10	,	,	PUNCT
fsr-3399	22	11	it	it	PRON
fsr-3399	22	12	points	point	VERB
fsr-3399	22	13	out	out	ADP
fsr-3399	22	14	three	three	NUM
fsr-3399	22	15	additional	additional	ADJ
fsr-3399	22	16	perspectives	perspective	NOUN
fsr-3399	22	17	centered	center	VERB
fsr-3399	22	18	on	on	ADP
fsr-3399	22	19	the	the	DET
fsr-3399	22	20	individual	individual	ADJ
fsr-3399	22	21	investor	investor	NOUN
fsr-3399	22	22	.	.	PUNCT
fsr-3399	23	1	first	first	ADV
fsr-3399	23	2	,	,	PUNCT
fsr-3399	23	3	unlike	unlike	ADP
fsr-3399	23	4	in	in	ADP
fsr-3399	23	5	some	some	DET
fsr-3399	23	6	previous	previous	ADJ
fsr-3399	23	7	studies	study	NOUN
fsr-3399	23	8	that	that	PRON
fsr-3399	23	9	use	use	VERB
fsr-3399	23	10	data	datum	NOUN
fsr-3399	23	11	before	before	ADP
fsr-3399	23	12	the	the	DET
fsr-3399	23	13	official	official	ADJ
fsr-3399	23	14	publication	publication	NOUN
fsr-3399	23	15	date	date	NOUN
fsr-3399	23	16	of	of	ADP
fsr-3399	23	17	the	the	DET
fsr-3399	23	18	pattern	pattern	NOUN
fsr-3399	23	19	(	(	PUNCT
fsr-3399	23	20	e.g.	e.g.	ADV
fsr-3399	23	21	,	,	PUNCT
fsr-3399	23	22	bouman	bouman	NOUN
fsr-3399	23	23	and	and	CCONJ
fsr-3399	23	24	jacobsen	jacobsen	PROPN
fsr-3399	23	25	,	,	PUNCT
fsr-3399	23	26	2002	2002	NUM
fsr-3399	23	27	;	;	PUNCT
fsr-3399	23	28	kochman	kochman	NOUN
fsr-3399	23	29	and	and	CCONJ
fsr-3399	23	30	badarinathi	badarinathi	NOUN
fsr-3399	23	31	,	,	PUNCT
fsr-3399	23	32	2008	2008	NUM
fsr-3399	23	33	;	;	PUNCT
fsr-3399	23	34	kochman	kochman	NOUN
fsr-3399	23	35	,	,	PUNCT
fsr-3399	23	36	badarinathi	badarinathi	NOUN
fsr-3399	23	37	,	,	PUNCT
fsr-3399	23	38	and	and	CCONJ
fsr-3399	23	39	bray	bray	NOUN
fsr-3399	23	40	,	,	PUNCT
fsr-3399	23	41	2014	2014	NUM
fsr-3399	23	42	;	;	PUNCT
fsr-3399	23	43	lucey	lucey	PROPN
fsr-3399	23	44	and	and	CCONJ
fsr-3399	23	45	zhao	zhao	PROPN
fsr-3399	23	46	,	,	PUNCT
fsr-3399	23	47	2008	2008	NUM
fsr-3399	23	48	;	;	PUNCT
fsr-3399	23	49	maberly	maberly	ADV
fsr-3399	23	50	and	and	CCONJ
fsr-3399	23	51	pierce	pierce	PROPN
fsr-3399	23	52	,	,	PUNCT
fsr-3399	23	53	2004	2004	NUM
fsr-3399	23	54	)	)	PUNCT
fsr-3399	23	55	,	,	PUNCT
fsr-3399	23	56	or	or	CCONJ
fsr-3399	23	57	studies	study	NOUN
fsr-3399	23	58	that	that	PRON
fsr-3399	23	59	test	test	VERB
fsr-3399	23	60	for	for	ADP
fsr-3399	23	61	the	the	DET
fsr-3399	23	62	“	"	PUNCT
fsr-3399	23	63	sell	sell	NOUN
fsr-3399	23	64	in	in	ADP
fsr-3399	23	65	may	may	PROPN
fsr-3399	23	66	”	"	PUNCT
fsr-3399	23	67	effect	effect	NOUN
fsr-3399	23	68	by	by	ADP
fsr-3399	23	69	using	use	VERB
fsr-3399	23	70	selected	select	VERB
fsr-3399	23	71	data	datum	NOUN
fsr-3399	23	72	after	after	ADP
fsr-3399	23	73	the	the	DET
fsr-3399	23	74	official	official	ADJ
fsr-3399	23	75	publication	publication	NOUN
fsr-3399	23	76	date	date	NOUN
fsr-3399	23	77	(	(	PUNCT
fsr-3399	23	78	e.g.	e.g.	ADV
fsr-3399	23	79	,	,	PUNCT
fsr-3399	23	80	andrade	andrade	PROPN
fsr-3399	23	81	,	,	PUNCT
fsr-3399	23	82	chhaochharia	chhaochharia	PROPN
fsr-3399	23	83	,	,	PUNCT
fsr-3399	23	84	and	and	CCONJ
fsr-3399	23	85	fuerst	fuerst	PROPN
fsr-3399	23	86	,	,	PUNCT
fsr-3399	23	87	2013	2013	NUM
fsr-3399	23	88	;	;	PUNCT
fsr-3399	23	89	jones	jones	PROPN
fsr-3399	23	90	and	and	CCONJ
fsr-3399	23	91	lundstrum	lundstrum	NOUN
fsr-3399	23	92	,	,	PUNCT
fsr-3399	23	93	2009	2009	NUM
fsr-3399	23	94	)	)	PUNCT
fsr-3399	23	95	,	,	PUNCT
fsr-3399	23	96	the	the	DET
fsr-3399	23	97	results	result	NOUN
fsr-3399	23	98	in	in	ADP
fsr-3399	23	99	this	this	DET
fsr-3399	23	100	study	study	NOUN
fsr-3399	23	101	begin	begin	VERB
fsr-3399	23	102	in	in	ADP
fsr-3399	23	103	1986	1986	NUM
fsr-3399	23	104	,	,	PUNCT
fsr-3399	23	105	the	the	DET
fsr-3399	23	106	year	year	NOUN
fsr-3399	23	107	that	that	SCONJ
fsr-3399	23	108	the	the	DET
fsr-3399	23	109	pattern	pattern	NOUN
fsr-3399	23	110	was	be	AUX
fsr-3399	23	111	first	first	ADV
fsr-3399	23	112	published	publish	VERB
fsr-3399	23	113	.	.	PUNCT
fsr-3399	24	1	thus	thus	ADV
fsr-3399	24	2	,	,	PUNCT
fsr-3399	24	3	the	the	DET
fsr-3399	24	4	results	result	NOUN
fsr-3399	24	5	go	go	VERB
fsr-3399	24	6	a	a	DET
fsr-3399	24	7	long	long	ADJ
fsr-3399	24	8	way	way	NOUN
fsr-3399	24	9	to	to	PART
fsr-3399	24	10	avoid	avoid	VERB
fsr-3399	24	11	possible	possible	ADJ
fsr-3399	24	12	data	datum	NOUN
fsr-3399	24	13	mining	mining	NOUN
fsr-3399	24	14	and	and	CCONJ
fsr-3399	24	15	data	data	NOUN
fsr-3399	24	16	-	-	PUNCT
fsr-3399	24	17	snooping	snoop	VERB
fsr-3399	24	18	biases	bias	NOUN
fsr-3399	24	19	that	that	PRON
fsr-3399	24	20	could	could	AUX
fsr-3399	24	21	significantly	significantly	ADV
fsr-3399	24	22	affect	affect	VERB
fsr-3399	24	23	the	the	DET
fsr-3399	24	24	findings	finding	NOUN
fsr-3399	24	25	in	in	ADP
fsr-3399	24	26	previous	previous	ADJ
fsr-3399	24	27	studies	study	NOUN
fsr-3399	24	28	,	,	PUNCT
fsr-3399	24	29	as	as	SCONJ
fsr-3399	24	30	compellingly	compellingly	ADV
fsr-3399	24	31	pointed	point	VERB
fsr-3399	24	32	out	out	ADP
fsr-3399	24	33	by	by	ADP
fsr-3399	24	34	sullivan	sullivan	PROPN
fsr-3399	24	35	,	,	PUNCT
fsr-3399	24	36	timmermann	timmermann	VERB
fsr-3399	24	37	,	,	PUNCT
fsr-3399	24	38	and	and	CCONJ
fsr-3399	24	39	white	white	ADJ
fsr-3399	24	40	(	(	PUNCT
fsr-3399	24	41	2001	2001	NUM
fsr-3399	24	42	)	)	PUNCT
fsr-3399	24	43	and	and	CCONJ
fsr-3399	24	44	by	by	ADP
fsr-3399	24	45	irwin	irwin	PROPN
fsr-3399	24	46	and	and	CCONJ
fsr-3399	24	47	park	park	NOUN
fsr-3399	24	48	(	(	PUNCT
fsr-3399	24	49	2007	2007	NUM
fsr-3399	24	50	)	)	PUNCT
fsr-3399	24	51	regarding	regard	VERB
fsr-3399	24	52	calendar	calendar	NOUN
fsr-3399	24	53	year	year	NOUN
fsr-3399	24	54	effects	effect	NOUN
fsr-3399	24	55	in	in	ADP
fsr-3399	24	56	stock	stock	NOUN
fsr-3399	24	57	prices	price	NOUN
fsr-3399	24	58	.	.	PUNCT
fsr-3399	25	1	second	second	ADV
fsr-3399	25	2	,	,	PUNCT
fsr-3399	25	3	the	the	DET
fsr-3399	25	4	first	first	ADJ
fsr-3399	25	5	two	two	NUM
fsr-3399	25	6	decades	decade	NOUN
fsr-3399	25	7	of	of	ADP
fsr-3399	25	8	the	the	DET
fsr-3399	25	9	new	new	ADJ
fsr-3399	25	10	century	century	NOUN
fsr-3399	25	11	have	have	AUX
fsr-3399	25	12	witnessed	witness	VERB
fsr-3399	25	13	,	,	PUNCT
fsr-3399	25	14	two	two	NUM
fsr-3399	25	15	bear	bear	NOUN
fsr-3399	25	16	markets	market	NOUN
fsr-3399	25	17	,	,	PUNCT
fsr-3399	25	18	from	from	ADP
fsr-3399	25	19	2000	2000	NUM
fsr-3399	25	20	to	to	ADP
fsr-3399	25	21	2002	2002	NUM
fsr-3399	25	22	and	and	CCONJ
fsr-3399	25	23	from	from	ADP
fsr-3399	25	24	2007	2007	NUM
fsr-3399	25	25	to	to	ADP
fsr-3399	25	26	2009	2009	NUM
fsr-3399	25	27	,	,	PUNCT
fsr-3399	25	28	and	and	CCONJ
fsr-3399	25	29	two	two	NUM
fsr-3399	25	30	bull	bull	NOUN
fsr-3399	25	31	markets	market	NOUN
fsr-3399	25	32	,	,	PUNCT
fsr-3399	25	33	from	from	ADP
fsr-3399	25	34	2002	2002	NUM
fsr-3399	25	35	to	to	ADP
fsr-3399	25	36	2007	2007	NUM
fsr-3399	25	37	and	and	CCONJ
fsr-3399	25	38	from	from	ADP
fsr-3399	25	39	2009	2009	NUM
fsr-3399	25	40	to	to	PART
fsr-3399	25	41	deep	deep	ADV
fsr-3399	25	42	into	into	ADP
fsr-3399	25	43	the	the	DET
fsr-3399	25	44	next	next	ADJ
fsr-3399	25	45	decade	decade	NOUN
fsr-3399	25	46	.	.	PUNCT
fsr-3399	26	1	how	how	SCONJ
fsr-3399	26	2	well	well	ADV
fsr-3399	26	3	the	the	DET
fsr-3399	26	4	switching	switch	VERB
fsr-3399	26	5	strategy	strategy	NOUN
fsr-3399	26	6	has	have	AUX
fsr-3399	26	7	held	hold	VERB
fsr-3399	26	8	-	-	PUNCT
fsr-3399	26	9	up	up	NOUN
fsr-3399	26	10	during	during	ADP
fsr-3399	26	11	these	these	DET
fsr-3399	26	12	times	time	NOUN
fsr-3399	26	13	is	be	AUX
fsr-3399	26	14	an	an	DET
fsr-3399	26	15	issue	issue	NOUN
fsr-3399	26	16	that	that	PRON
fsr-3399	26	17	is	be	AUX
fsr-3399	26	18	unexplored	unexplored	ADJ
fsr-3399	26	19	in	in	ADP
fsr-3399	26	20	the	the	DET
fsr-3399	26	21	literature	literature	NOUN
fsr-3399	26	22	.	.	PUNCT
fsr-3399	27	1	as	as	ADP
fsr-3399	27	2	part	part	NOUN
fsr-3399	27	3	of	of	ADP
fsr-3399	27	4	this	this	DET
fsr-3399	27	5	test	test	NOUN
fsr-3399	27	6	,	,	PUNCT
fsr-3399	27	7	there	there	PRON
fsr-3399	27	8	is	be	VERB
fsr-3399	27	9	the	the	DET
fsr-3399	27	10	opportunity	opportunity	NOUN
fsr-3399	27	11	to	to	PART
fsr-3399	27	12	assess	assess	VERB
fsr-3399	27	13	the	the	DET
fsr-3399	27	14	impact	impact	NOUN
fsr-3399	27	15	of	of	ADP
fsr-3399	27	16	the	the	DET
fsr-3399	27	17	global	global	ADJ
fsr-3399	27	18	financial	financial	ADJ
fsr-3399	27	19	crisis	crisis	NOUN
fsr-3399	27	20	of	of	ADP
fsr-3399	27	21	2008–2009	2008–2009	NUM
fsr-3399	27	22	on	on	ADP
fsr-3399	27	23	the	the	DET
fsr-3399	27	24	switching	switch	VERB
fsr-3399	27	25	strategy	strategy	NOUN
fsr-3399	27	26	.	.	PUNCT
fsr-3399	28	1	third	third	ADJ
fsr-3399	28	2	,	,	PUNCT
fsr-3399	28	3	a	a	DET
fsr-3399	28	4	recognized	recognize	VERB
fsr-3399	28	5	but	but	CCONJ
fsr-3399	28	6	underemphasized	underemphasized	ADJ
fsr-3399	28	7	issue	issue	NOUN
fsr-3399	28	8	is	be	AUX
fsr-3399	28	9	one	one	NUM
fsr-3399	28	10	of	of	ADP
fsr-3399	28	11	taxation	taxation	NOUN
fsr-3399	28	12	.	.	PUNCT
fsr-3399	29	1	the	the	DET
fsr-3399	29	2	switching	switch	VERB
fsr-3399	29	3	strategy	strategy	NOUN
fsr-3399	29	4	is	be	AUX
fsr-3399	29	5	short	short	ADJ
fsr-3399	29	6	-	-	PUNCT
fsr-3399	29	7	term	term	NOUN
fsr-3399	29	8	,	,	PUNCT
fsr-3399	29	9	implying	imply	VERB
fsr-3399	29	10	that	that	SCONJ
fsr-3399	29	11	the	the	DET
fsr-3399	29	12	gains	gain	NOUN
fsr-3399	29	13	will	will	AUX
fsr-3399	29	14	be	be	AUX
fsr-3399	29	15	taxed	tax	VERB
fsr-3399	29	16	at	at	ADP
fsr-3399	29	17	ordinary	ordinary	ADJ
fsr-3399	29	18	rates	rate	NOUN
fsr-3399	29	19	under	under	ADP
fsr-3399	29	20	the	the	DET
fsr-3399	29	21	u.s	u.s	PROPN
fsr-3399	29	22	.	.	PROPN
fsr-3399	29	23	tax	tax	PROPN
fsr-3399	29	24	code	code	NOUN
fsr-3399	29	25	unless	unless	SCONJ
fsr-3399	29	26	they	they	PRON
fsr-3399	29	27	are	be	AUX
fsr-3399	29	28	sheltered	shelter	VERB
fsr-3399	29	29	.	.	PUNCT
fsr-3399	30	1	the	the	DET
fsr-3399	30	2	buy	buy	VERB
fsr-3399	30	3	-	-	PUNCT
fsr-3399	30	4	and	and	CCONJ
fsr-3399	30	5	-	-	PUNCT
fsr-3399	30	6	hold	hold	VERB
fsr-3399	30	7	strategy	strategy	NOUN
fsr-3399	30	8	is	be	AUX
fsr-3399	30	9	long	long	ADJ
fsr-3399	30	10	-	-	PUNCT
fsr-3399	30	11	term	term	NOUN
fsr-3399	30	12	and	and	CCONJ
fsr-3399	30	13	,	,	PUNCT
fsr-3399	30	14	therefore	therefore	ADV
fsr-3399	30	15	,	,	PUNCT
fsr-3399	30	16	receives	receive	VERB
fsr-3399	30	17	favorable	favorable	ADJ
fsr-3399	30	18	tax	tax	NOUN
fsr-3399	30	19	treatment	treatment	NOUN
fsr-3399	30	20	under	under	ADP
fsr-3399	30	21	the	the	DET
fsr-3399	30	22	u.s	u.s	PROPN
fsr-3399	30	23	.	.	PROPN
fsr-3399	30	24	tax	tax	PROPN
fsr-3399	30	25	code	code	NOUN
fsr-3399	30	26	when	when	SCONJ
fsr-3399	30	27	gains	gain	NOUN
fsr-3399	30	28	are	be	AUX
fsr-3399	30	29	realized	realize	VERB
fsr-3399	30	30	after	after	ADP
fsr-3399	30	31	one	one	NUM
fsr-3399	30	32	year	year	NOUN
fsr-3399	30	33	(	(	PUNCT
fsr-3399	30	34	with	with	ADP
fsr-3399	30	35	unrealized	unrealized	ADJ
fsr-3399	30	36	gains	gain	NOUN
fsr-3399	30	37	theoretically	theoretically	ADV
fsr-3399	30	38	being	be	AUX
fsr-3399	30	39	held	hold	VERB
fsr-3399	30	40	“	"	PUNCT
fsr-3399	30	41	forever	forever	ADV
fsr-3399	30	42	”	"	PUNCT
fsr-3399	30	43	)	)	PUNCT
fsr-3399	30	44	.	.	PUNCT
fsr-3399	31	1	thus	thus	ADV
fsr-3399	31	2	,	,	PUNCT
fsr-3399	31	3	the	the	DET
fsr-3399	31	4	after	after	ADP
fsr-3399	31	5	-	-	PUNCT
fsr-3399	31	6	tax	tax	NOUN
fsr-3399	31	7	rate	rate	NOUN
fsr-3399	31	8	of	of	ADP
fsr-3399	31	9	return	return	NOUN
fsr-3399	31	10	should	should	AUX
fsr-3399	31	11	be	be	AUX
fsr-3399	31	12	in	in	ADP
fsr-3399	31	13	focus	focus	NOUN
fsr-3399	31	14	for	for	ADP
fsr-3399	31	15	portfolios	portfolio	NOUN
fsr-3399	31	16	that	that	PRON
fsr-3399	31	17	are	be	AUX
fsr-3399	31	18	not	not	PART
fsr-3399	31	19	tax	tax	NOUN
fsr-3399	31	20	-	-	PUNCT
fsr-3399	31	21	sheltered	shelter	VERB
fsr-3399	31	22	,	,	PUNCT
fsr-3399	31	23	another	another	DET
fsr-3399	31	24	perspective	perspective	NOUN
fsr-3399	31	25	that	that	PRON
fsr-3399	31	26	we	we	PRON
fsr-3399	31	27	incorporate	incorporate	VERB
fsr-3399	31	28	.	.	PUNCT
fsr-3399	32	1	2	2	X
fsr-3399	32	2	.	.	X
fsr-3399	32	3	a	a	DET
fsr-3399	32	4	look	look	NOUN
fsr-3399	32	5	at	at	ADP
fsr-3399	32	6	the	the	DET
fsr-3399	32	7	literature	literature	NOUN
fsr-3399	32	8	the	the	DET
fsr-3399	32	9	observation	observation	NOUN
fsr-3399	32	10	“	"	PUNCT
fsr-3399	32	11	sell	sell	VERB
fsr-3399	32	12	in	in	ADP
fsr-3399	32	13	may	may	PROPN
fsr-3399	32	14	”	"	PUNCT
fsr-3399	32	15	was	be	AUX
fsr-3399	32	16	first	first	ADV
fsr-3399	32	17	officially	officially	ADV
fsr-3399	32	18	recognized	recognize	VERB
fsr-3399	32	19	and	and	CCONJ
fsr-3399	32	20	published	publish	VERB
fsr-3399	32	21	in	in	ADP
fsr-3399	32	22	1986	1986	NUM
fsr-3399	32	23	in	in	ADP
fsr-3399	32	24	the	the	DET
fsr-3399	32	25	stock	stock	NOUN
fsr-3399	32	26	trader	trader	NOUN
fsr-3399	32	27	’s	’s	PART
fsr-3399	32	28	almanac	almanac	NOUN
fsr-3399	32	29	.	.	PUNCT
fsr-3399	33	1	published	publish	VERB
fsr-3399	33	2	annually	annually	ADV
fsr-3399	33	3	since	since	SCONJ
fsr-3399	33	4	1968	1968	NUM
fsr-3399	33	5	,	,	PUNCT
fsr-3399	33	6	it	it	PRON
fsr-3399	33	7	reveals	reveal	VERB
fsr-3399	33	8	a	a	DET
fsr-3399	33	9	rich	rich	ADJ
fsr-3399	33	10	array	array	NOUN
fsr-3399	33	11	of	of	ADP
fsr-3399	33	12	detailed	detailed	ADJ
fsr-3399	33	13	technical	technical	ADJ
fsr-3399	33	14	trading	trading	NOUN
fsr-3399	33	15	tactics	tactic	NOUN
fsr-3399	33	16	and	and	CCONJ
fsr-3399	33	17	strategies	strategy	NOUN
fsr-3399	33	18	,	,	PUNCT
fsr-3399	33	19	including	include	VERB
fsr-3399	33	20	the	the	DET
fsr-3399	33	21	best	good	ADJ
fsr-3399	33	22	and	and	CCONJ
fsr-3399	33	23	worst	bad	ADJ
fsr-3399	33	24	days	day	NOUN
fsr-3399	33	25	to	to	PART
fsr-3399	33	26	trade	trade	VERB
fsr-3399	33	27	stocks	stock	NOUN
fsr-3399	33	28	304	304	NUM
fsr-3399	33	29	a.	a.	NOUN
fsr-3399	33	30	loviscek	loviscek	NOUN
fsr-3399	33	31	,	,	PUNCT
fsr-3399	33	32	a.	a.	NOUN
fsr-3399	33	33	broder	broder	PROPN
fsr-3399	33	34	/	/	SYM
fsr-3399	33	35	financial	financial	ADJ
fsr-3399	33	36	services	service	NOUN
fsr-3399	33	37	review	review	VERB
fsr-3399	33	38	27	27	NUM
fsr-3399	33	39	(	(	PUNCT
fsr-3399	33	40	2018	2018	NUM
fsr-3399	33	41	)	)	PUNCT
fsr-3399	33	42	303	303	NUM
fsr-3399	33	43	-	-	SYM
fsr-3399	33	44	322	322	NUM
fsr-3399	33	45	daily	daily	ADJ
fsr-3399	33	46	,	,	PUNCT
fsr-3399	33	47	weekly	weekly	ADJ
fsr-3399	33	48	,	,	PUNCT
fsr-3399	33	49	and	and	CCONJ
fsr-3399	33	50	monthly	monthly	ADV
fsr-3399	33	51	,	,	PUNCT
fsr-3399	33	52	as	as	ADV
fsr-3399	33	53	well	well	ADV
fsr-3399	33	54	as	as	ADP
fsr-3399	33	55	contrarian	contrarian	ADJ
fsr-3399	33	56	and	and	CCONJ
fsr-3399	33	57	inside	inside	ADP
fsr-3399	33	58	trading	trading	NOUN
fsr-3399	33	59	approaches	approach	NOUN
fsr-3399	33	60	.	.	PUNCT
fsr-3399	34	1	to	to	PART
fsr-3399	34	2	assess	assess	VERB
fsr-3399	34	3	the	the	DET
fsr-3399	34	4	efficacy	efficacy	NOUN
fsr-3399	34	5	of	of	ADP
fsr-3399	34	6	these	these	DET
fsr-3399	34	7	approaches	approach	NOUN
fsr-3399	34	8	,	,	PUNCT
fsr-3399	34	9	however	however	ADV
fsr-3399	34	10	,	,	PUNCT
fsr-3399	34	11	two	two	NUM
fsr-3399	34	12	salient	salient	ADJ
fsr-3399	34	13	points	point	NOUN
fsr-3399	34	14	should	should	AUX
fsr-3399	34	15	be	be	AUX
fsr-3399	34	16	kept	keep	VERB
fsr-3399	34	17	in	in	ADP
fsr-3399	34	18	mind	mind	NOUN
fsr-3399	34	19	.	.	PUNCT
fsr-3399	35	1	first	first	ADV
fsr-3399	35	2	,	,	PUNCT
fsr-3399	35	3	as	as	ADP
fsr-3399	35	4	the	the	DET
fsr-3399	35	5	almanac	almanac	NOUN
fsr-3399	35	6	’s	’s	PART
fsr-3399	35	7	author	author	NOUN
fsr-3399	35	8	,	,	PUNCT
fsr-3399	35	9	hirsch	hirsch	PROPN
fsr-3399	35	10	may	may	AUX
fsr-3399	35	11	not	not	PART
fsr-3399	35	12	be	be	AUX
fsr-3399	35	13	an	an	DET
fsr-3399	35	14	unbiased	unbiased	ADJ
fsr-3399	35	15	reference	reference	NOUN
fsr-3399	35	16	.	.	PUNCT
fsr-3399	36	1	second	second	ADJ
fsr-3399	36	2	,	,	PUNCT
fsr-3399	36	3	technical	technical	ADJ
fsr-3399	36	4	trading	trading	NOUN
fsr-3399	36	5	strategies	strategy	NOUN
fsr-3399	36	6	do	do	AUX
fsr-3399	36	7	not	not	PART
fsr-3399	36	8	align	align	VERB
fsr-3399	36	9	with	with	ADP
fsr-3399	36	10	the	the	DET
fsr-3399	36	11	large	large	ADJ
fsr-3399	36	12	body	body	NOUN
fsr-3399	36	13	of	of	ADP
fsr-3399	36	14	evidence	evidence	NOUN
fsr-3399	36	15	supporting	support	VERB
fsr-3399	36	16	the	the	DET
fsr-3399	36	17	weak	weak	ADJ
fsr-3399	36	18	form	form	NOUN
fsr-3399	36	19	of	of	ADP
fsr-3399	36	20	the	the	DET
fsr-3399	36	21	efficient	efficient	ADJ
fsr-3399	36	22	markets	market	NOUN
fsr-3399	36	23	hypothesis	hypothesis	NOUN
fsr-3399	36	24	.	.	PUNCT
fsr-3399	37	1	beginning	begin	VERB
fsr-3399	37	2	with	with	ADP
fsr-3399	37	3	his	his	PRON
fsr-3399	37	4	seminal	seminal	ADJ
fsr-3399	37	5	work	work	NOUN
fsr-3399	37	6	on	on	ADP
fsr-3399	37	7	the	the	DET
fsr-3399	37	8	subject	subject	NOUN
fsr-3399	37	9	,	,	PUNCT
fsr-3399	37	10	fama	fama	PROPN
fsr-3399	37	11	(	(	PUNCT
fsr-3399	37	12	1970	1970	NUM
fsr-3399	37	13	)	)	PUNCT
fsr-3399	37	14	has	have	AUX
fsr-3399	37	15	long	long	ADV
fsr-3399	37	16	asserted	assert	VERB
fsr-3399	37	17	that	that	SCONJ
fsr-3399	37	18	evidence	evidence	NOUN
fsr-3399	37	19	of	of	ADP
fsr-3399	37	20	the	the	DET
fsr-3399	37	21	efficacy	efficacy	NOUN
fsr-3399	37	22	of	of	ADP
fsr-3399	37	23	technical	technical	ADJ
fsr-3399	37	24	trading	trading	NOUN
fsr-3399	37	25	strategies	strategy	NOUN
fsr-3399	37	26	is	be	AUX
fsr-3399	37	27	sparse	sparse	ADJ
fsr-3399	37	28	,	,	PUNCT
fsr-3399	37	29	a	a	DET
fsr-3399	37	30	view	view	NOUN
fsr-3399	37	31	supported	support	VERB
fsr-3399	37	32	in	in	ADP
fsr-3399	37	33	other	other	ADJ
fsr-3399	37	34	efficient	efficient	ADJ
fsr-3399	37	35	markets	market	NOUN
fsr-3399	37	36	studies	study	NOUN
fsr-3399	37	37	and	and	CCONJ
fsr-3399	37	38	by	by	ADP
fsr-3399	37	39	efficient	efficient	ADJ
fsr-3399	37	40	markets	market	NOUN
fsr-3399	37	41	advocates	advocate	NOUN
fsr-3399	37	42	(	(	PUNCT
fsr-3399	37	43	e.g.	e.g.	ADV
fsr-3399	37	44	,	,	PUNCT
fsr-3399	37	45	bessembinder	bessembinder	NOUN
fsr-3399	37	46	and	and	CCONJ
fsr-3399	37	47	chan	chan	PROPN
fsr-3399	37	48	,	,	PUNCT
fsr-3399	37	49	1998	1998	NUM
fsr-3399	37	50	;	;	PUNCT
fsr-3399	37	51	chang	chang	PROPN
fsr-3399	37	52	and	and	CCONJ
fsr-3399	37	53	lewellen	lewellen	PROPN
fsr-3399	37	54	,	,	PUNCT
fsr-3399	37	55	1984	1984	NUM
fsr-3399	37	56	;	;	PUNCT
fsr-3399	37	57	malkiel	malkiel	PROPN
fsr-3399	37	58	,	,	PUNCT
fsr-3399	37	59	1995	1995	NUM
fsr-3399	37	60	;	;	PUNCT
fsr-3399	37	61	2015	2015	NUM
fsr-3399	37	62	;	;	PUNCT
fsr-3399	37	63	poterba	poterba	NOUN
fsr-3399	37	64	and	and	CCONJ
fsr-3399	37	65	summers	summer	NOUN
fsr-3399	37	66	,	,	PUNCT
fsr-3399	37	67	1987	1987	NUM
fsr-3399	37	68	;	;	PUNCT
fsr-3399	37	69	sewell	sewell	NOUN
fsr-3399	37	70	,	,	PUNCT
fsr-3399	37	71	2012	2012	NUM
fsr-3399	37	72	)	)	PUNCT
fsr-3399	37	73	.	.	PUNCT
fsr-3399	38	1	although	although	SCONJ
fsr-3399	38	2	exceptions	exception	NOUN
fsr-3399	38	3	to	to	ADP
fsr-3399	38	4	it	it	PRON
fsr-3399	38	5	have	have	AUX
fsr-3399	38	6	been	be	AUX
fsr-3399	38	7	documented	document	VERB
fsr-3399	38	8	(	(	PUNCT
fsr-3399	38	9	e.g.	e.g.	ADV
fsr-3399	38	10	,	,	PUNCT
fsr-3399	38	11	anderson	anderson	PROPN
fsr-3399	38	12	and	and	CCONJ
fsr-3399	38	13	smith	smith	PROPN
fsr-3399	38	14	,	,	PUNCT
fsr-3399	38	15	2006	2006	NUM
fsr-3399	38	16	;	;	PUNCT
fsr-3399	38	17	lo	lo	PROPN
fsr-3399	38	18	,	,	PUNCT
fsr-3399	38	19	2017	2017	NUM
fsr-3399	38	20	;	;	PUNCT
fsr-3399	38	21	prentis	prentis	PROPN
fsr-3399	38	22	,	,	PUNCT
fsr-3399	38	23	2011	2011	NUM
fsr-3399	38	24	;	;	PUNCT
fsr-3399	38	25	schleifer	schleifer	VERB
fsr-3399	38	26	and	and	CCONJ
fsr-3399	38	27	vishnay	vishnay	NOUN
fsr-3399	38	28	,	,	PUNCT
fsr-3399	38	29	1997	1997	NUM
fsr-3399	38	30	;	;	PUNCT
fsr-3399	38	31	smith	smith	PROPN
fsr-3399	38	32	,	,	PUNCT
fsr-3399	38	33	2016	2016	NUM
fsr-3399	38	34	)	)	PUNCT
fsr-3399	38	35	,	,	PUNCT
fsr-3399	38	36	sullivan	sullivan	PROPN
fsr-3399	38	37	et	et	PROPN
fsr-3399	38	38	al	al	PROPN
fsr-3399	38	39	.	.	PROPN
fsr-3399	39	1	(	(	PUNCT
fsr-3399	39	2	2001	2001	NUM
fsr-3399	39	3	)	)	PUNCT
fsr-3399	39	4	point	point	VERB
fsr-3399	39	5	out	out	ADP
fsr-3399	39	6	the	the	DET
fsr-3399	39	7	flaws	flaw	NOUN
fsr-3399	39	8	in	in	ADP
fsr-3399	39	9	studies	study	NOUN
fsr-3399	39	10	of	of	ADP
fsr-3399	39	11	seasonal	seasonal	ADJ
fsr-3399	39	12	stock	stock	NOUN
fsr-3399	39	13	price	price	NOUN
fsr-3399	39	14	movements	movement	NOUN
fsr-3399	39	15	if	if	SCONJ
fsr-3399	39	16	the	the	DET
fsr-3399	39	17	data	datum	NOUN
fsr-3399	39	18	are	be	AUX
fsr-3399	39	19	mined	mine	VERB
fsr-3399	39	20	.	.	PUNCT
fsr-3399	40	1	similarly	similarly	ADV
fsr-3399	40	2	,	,	PUNCT
fsr-3399	40	3	irwin	irwin	PROPN
fsr-3399	40	4	and	and	CCONJ
fsr-3399	40	5	park	park	NOUN
fsr-3399	40	6	(	(	PUNCT
fsr-3399	40	7	2007	2007	NUM
fsr-3399	40	8	)	)	PUNCT
fsr-3399	40	9	show	show	VERB
fsr-3399	40	10	that	that	SCONJ
fsr-3399	40	11	,	,	PUNCT
fsr-3399	40	12	while	while	SCONJ
fsr-3399	40	13	technical	technical	ADJ
fsr-3399	40	14	trading	trading	NOUN
fsr-3399	40	15	strategies	strategy	NOUN
fsr-3399	40	16	can	can	AUX
fsr-3399	40	17	be	be	AUX
fsr-3399	40	18	profitable	profitable	ADJ
fsr-3399	40	19	,	,	PUNCT
fsr-3399	40	20	as	as	SCONJ
fsr-3399	40	21	indicated	indicate	VERB
fsr-3399	40	22	in	in	ADP
fsr-3399	40	23	56	56	NUM
fsr-3399	40	24	of	of	ADP
fsr-3399	40	25	95	95	NUM
fsr-3399	40	26	studies	study	NOUN
fsr-3399	40	27	they	they	PRON
fsr-3399	40	28	examine	examine	VERB
fsr-3399	40	29	,	,	PUNCT
fsr-3399	40	30	most	most	ADJ
fsr-3399	40	31	of	of	ADP
fsr-3399	40	32	the	the	DET
fsr-3399	40	33	evidence	evidence	NOUN
fsr-3399	40	34	is	be	AUX
fsr-3399	40	35	subject	subject	ADJ
fsr-3399	40	36	to	to	ADP
fsr-3399	40	37	data	datum	NOUN
fsr-3399	40	38	snooping	snooping	NOUN
fsr-3399	40	39	biases	bias	NOUN
fsr-3399	40	40	,	,	PUNCT
fsr-3399	40	41	questionable	questionable	ADJ
fsr-3399	40	42	ex	ex	ADJ
fsr-3399	40	43	-	-	ADJ
fsr-3399	40	44	post	post	ADJ
fsr-3399	40	45	trading	trading	NOUN
fsr-3399	40	46	rules	rule	NOUN
fsr-3399	40	47	,	,	PUNCT
fsr-3399	40	48	and	and	CCONJ
fsr-3399	40	49	inaccurate	inaccurate	ADJ
fsr-3399	40	50	risk	risk	NOUN
fsr-3399	40	51	adjustments	adjustment	NOUN
fsr-3399	40	52	.	.	PUNCT
fsr-3399	41	1	for	for	ADP
fsr-3399	41	2	the	the	DET
fsr-3399	41	3	evidence	evidence	NOUN
fsr-3399	41	4	to	to	PART
fsr-3399	41	5	be	be	AUX
fsr-3399	41	6	compelling	compelling	ADJ
fsr-3399	41	7	,	,	PUNCT
fsr-3399	41	8	future	future	ADJ
fsr-3399	41	9	research	research	NOUN
fsr-3399	41	10	must	must	AUX
fsr-3399	41	11	adjust	adjust	VERB
fsr-3399	41	12	for	for	ADP
fsr-3399	41	13	these	these	DET
fsr-3399	41	14	issues	issue	NOUN
fsr-3399	41	15	,	,	PUNCT
fsr-3399	41	16	as	as	SCONJ
fsr-3399	41	17	this	this	DET
fsr-3399	41	18	study	study	NOUN
fsr-3399	41	19	attempts	attempt	VERB
fsr-3399	41	20	to	to	PART
fsr-3399	41	21	do	do	VERB
fsr-3399	41	22	.	.	PUNCT
fsr-3399	42	1	at	at	ADP
fsr-3399	42	2	the	the	DET
fsr-3399	42	3	outset	outset	NOUN
fsr-3399	42	4	,	,	PUNCT
fsr-3399	42	5	the	the	DET
fsr-3399	42	6	strategy	strategy	NOUN
fsr-3399	42	7	“	"	PUNCT
fsr-3399	42	8	sell	sell	VERB
fsr-3399	42	9	in	in	ADP
fsr-3399	42	10	may	may	PROPN
fsr-3399	42	11	and	and	CCONJ
fsr-3399	42	12	go	go	VERB
fsr-3399	42	13	away	away	ADV
fsr-3399	42	14	”	"	PUNCT
fsr-3399	42	15	refers	refer	VERB
fsr-3399	42	16	to	to	ADP
fsr-3399	42	17	the	the	DET
fsr-3399	42	18	seasonal	seasonal	ADJ
fsr-3399	42	19	observation	observation	NOUN
fsr-3399	42	20	that	that	SCONJ
fsr-3399	42	21	the	the	DET
fsr-3399	42	22	additional	additional	ADJ
fsr-3399	42	23	reward	reward	NOUN
fsr-3399	42	24	for	for	ADP
fsr-3399	42	25	bearing	bear	VERB
fsr-3399	42	26	more	more	ADJ
fsr-3399	42	27	risk	risk	NOUN
fsr-3399	42	28	is	be	AUX
fsr-3399	42	29	greater	great	ADJ
fsr-3399	42	30	from	from	ADP
fsr-3399	42	31	november	november	PROPN
fsr-3399	42	32	1	1	NUM
fsr-3399	42	33	to	to	ADP
fsr-3399	42	34	april	april	PROPN
fsr-3399	42	35	30	30	NUM
fsr-3399	42	36	than	than	SCONJ
fsr-3399	42	37	it	it	PRON
fsr-3399	42	38	is	be	AUX
fsr-3399	42	39	from	from	ADP
fsr-3399	42	40	may	may	PROPN
fsr-3399	42	41	1	1	NUM
fsr-3399	42	42	to	to	ADP
fsr-3399	42	43	october	october	PROPN
fsr-3399	42	44	31	31	NUM
fsr-3399	42	45	.	.	PUNCT
fsr-3399	43	1	as	as	ADP
fsr-3399	43	2	a	a	DET
fsr-3399	43	3	result	result	NOUN
fsr-3399	43	4	,	,	PUNCT
fsr-3399	43	5	a	a	DET
fsr-3399	43	6	“	"	PUNCT
fsr-3399	43	7	pure	pure	ADJ
fsr-3399	43	8	”	"	PUNCT
fsr-3399	43	9	test	test	NOUN
fsr-3399	43	10	of	of	ADP
fsr-3399	43	11	the	the	DET
fsr-3399	43	12	strategy	strategy	NOUN
fsr-3399	43	13	should	should	AUX
fsr-3399	43	14	be	be	AUX
fsr-3399	43	15	one	one	NUM
fsr-3399	43	16	of	of	ADP
fsr-3399	43	17	maintaining	maintain	VERB
fsr-3399	43	18	the	the	DET
fsr-3399	43	19	same	same	ADJ
fsr-3399	43	20	degree	degree	NOUN
fsr-3399	43	21	of	of	ADP
fsr-3399	43	22	risk	risk	NOUN
fsr-3399	43	23	as	as	ADP
fsr-3399	43	24	the	the	DET
fsr-3399	43	25	buy	buy	VERB
fsr-3399	43	26	-	-	PUNCT
fsr-3399	43	27	and	and	CCONJ
fsr-3399	43	28	-	-	PUNCT
fsr-3399	43	29	hold	hold	VERB
fsr-3399	43	30	approach	approach	NOUN
fsr-3399	43	31	.	.	PUNCT
fsr-3399	44	1	this	this	PRON
fsr-3399	44	2	means	mean	VERB
fsr-3399	44	3	that	that	SCONJ
fsr-3399	44	4	individual	individual	ADJ
fsr-3399	44	5	investors	investor	NOUN
fsr-3399	44	6	should	should	AUX
fsr-3399	44	7	increase	increase	VERB
fsr-3399	44	8	their	their	PRON
fsr-3399	44	9	equity	equity	NOUN
fsr-3399	44	10	investments	investment	NOUN
fsr-3399	44	11	while	while	SCONJ
fsr-3399	44	12	the	the	DET
fsr-3399	44	13	risk	risk	NOUN
fsr-3399	44	14	premium	premium	NOUN
fsr-3399	44	15	is	be	AUX
fsr-3399	44	16	higher	high	ADJ
fsr-3399	44	17	,	,	PUNCT
fsr-3399	44	18	such	such	ADJ
fsr-3399	44	19	as	as	ADP
fsr-3399	44	20	borrowing	borrow	VERB
fsr-3399	44	21	through	through	ADP
fsr-3399	44	22	margin	margin	NOUN
fsr-3399	44	23	accounts	account	NOUN
fsr-3399	44	24	.	.	PUNCT
fsr-3399	45	1	for	for	ADP
fsr-3399	45	2	practical	practical	ADJ
fsr-3399	45	3	purposes	purpose	NOUN
fsr-3399	45	4	,	,	PUNCT
fsr-3399	45	5	we	we	PRON
fsr-3399	45	6	take	take	VERB
fsr-3399	45	7	the	the	DET
fsr-3399	45	8	position	position	NOUN
fsr-3399	45	9	that	that	SCONJ
fsr-3399	45	10	individual	individual	ADJ
fsr-3399	45	11	investors	investor	NOUN
fsr-3399	45	12	are	be	AUX
fsr-3399	45	13	more	more	ADV
fsr-3399	45	14	likely	likely	ADJ
fsr-3399	45	15	to	to	PART
fsr-3399	45	16	avoid	avoid	VERB
fsr-3399	45	17	leveraging	leverage	VERB
fsr-3399	45	18	as	as	ADP
fsr-3399	45	19	part	part	NOUN
fsr-3399	45	20	of	of	ADP
fsr-3399	45	21	a	a	DET
fsr-3399	45	22	plan	plan	NOUN
fsr-3399	45	23	to	to	PART
fsr-3399	45	24	move	move	VERB
fsr-3399	45	25	to	to	ADP
fsr-3399	45	26	lower	low	ADJ
fsr-3399	45	27	-	-	PUNCT
fsr-3399	45	28	volatile	volatile	ADJ
fsr-3399	45	29	fixed	fix	VERB
fsr-3399	45	30	-	-	PUNCT
fsr-3399	45	31	income	income	NOUN
fsr-3399	45	32	securities	security	NOUN
fsr-3399	45	33	,	,	PUNCT
fsr-3399	45	34	such	such	ADJ
fsr-3399	45	35	as	as	ADP
fsr-3399	45	36	u.s	u.s	PROPN
fsr-3399	45	37	.	.	PROPN
fsr-3399	45	38	treasury	treasury	PROPN
fsr-3399	45	39	bills	bill	NOUN
fsr-3399	45	40	.	.	PUNCT
fsr-3399	46	1	with	with	ADP
fsr-3399	46	2	respect	respect	NOUN
fsr-3399	46	3	to	to	ADP
fsr-3399	46	4	the	the	DET
fsr-3399	46	5	literature	literature	NOUN
fsr-3399	46	6	,	,	PUNCT
fsr-3399	46	7	however	however	ADV
fsr-3399	46	8	,	,	PUNCT
fsr-3399	46	9	the	the	DET
fsr-3399	46	10	switch	switch	NOUN
fsr-3399	46	11	is	be	AUX
fsr-3399	46	12	only	only	ADV
fsr-3399	46	13	a	a	DET
fsr-3399	46	14	way	way	NOUN
fsr-3399	46	15	to	to	PART
fsr-3399	46	16	test	test	VERB
fsr-3399	46	17	the	the	DET
fsr-3399	46	18	effectiveness	effectiveness	NOUN
fsr-3399	46	19	of	of	ADP
fsr-3399	46	20	the	the	DET
fsr-3399	46	21	observation	observation	NOUN
fsr-3399	46	22	,	,	PUNCT
fsr-3399	46	23	which	which	PRON
fsr-3399	46	24	does	do	AUX
fsr-3399	46	25	not	not	PART
fsr-3399	46	26	explicitly	explicitly	ADV
fsr-3399	46	27	call	call	VERB
fsr-3399	46	28	for	for	ADP
fsr-3399	46	29	it.1	it.1	PROPN
fsr-3399	46	30	as	as	ADP
fsr-3399	46	31	evidence	evidence	NOUN
fsr-3399	46	32	favoring	favor	VERB
fsr-3399	46	33	the	the	DET
fsr-3399	46	34	“	"	PUNCT
fsr-3399	46	35	sell	sell	NOUN
fsr-3399	46	36	in	in	ADP
fsr-3399	46	37	may	may	PROPN
fsr-3399	46	38	”	"	PUNCT
fsr-3399	46	39	strategy	strategy	NOUN
fsr-3399	46	40	,	,	PUNCT
fsr-3399	46	41	bouman	bouman	NOUN
fsr-3399	46	42	and	and	CCONJ
fsr-3399	46	43	jacobsen	jacobsen	PROPN
fsr-3399	46	44	(	(	PUNCT
fsr-3399	46	45	2002	2002	NUM
fsr-3399	46	46	)	)	PUNCT
fsr-3399	46	47	document	document	NOUN
fsr-3399	46	48	the	the	DET
fsr-3399	46	49	seasonal	seasonal	ADJ
fsr-3399	46	50	effect	effect	NOUN
fsr-3399	46	51	,	,	PUNCT
fsr-3399	46	52	also	also	ADV
fsr-3399	46	53	known	know	VERB
fsr-3399	46	54	as	as	ADP
fsr-3399	46	55	the	the	DET
fsr-3399	46	56	halloween	halloween	NOUN
fsr-3399	46	57	indicator	indicator	NOUN
fsr-3399	46	58	,	,	PUNCT
fsr-3399	46	59	because	because	SCONJ
fsr-3399	46	60	it	it	PRON
fsr-3399	46	61	marks	mark	VERB
fsr-3399	46	62	the	the	DET
fsr-3399	46	63	end	end	NOUN
fsr-3399	46	64	of	of	ADP
fsr-3399	46	65	a	a	DET
fsr-3399	46	66	volatile	volatile	ADJ
fsr-3399	46	67	and	and	CCONJ
fsr-3399	46	68	unsettling	unsettling	ADJ
fsr-3399	46	69	period	period	NOUN
fsr-3399	46	70	—	—	PUNCT
fsr-3399	46	71	from	from	ADP
fsr-3399	46	72	may	may	PROPN
fsr-3399	46	73	through	through	ADP
fsr-3399	46	74	october	october	PROPN
fsr-3399	46	75	—	—	PUNCT
fsr-3399	46	76	for	for	ADP
fsr-3399	46	77	stock	stock	NOUN
fsr-3399	46	78	investors	investor	NOUN
fsr-3399	46	79	.	.	PUNCT
fsr-3399	47	1	they	they	PRON
fsr-3399	47	2	find	find	VERB
fsr-3399	47	3	that	that	SCONJ
fsr-3399	47	4	the	the	DET
fsr-3399	47	5	effect	effect	NOUN
fsr-3399	47	6	significantly	significantly	ADV
fsr-3399	47	7	holds	hold	VERB
fsr-3399	47	8	up	up	ADP
fsr-3399	47	9	between	between	ADP
fsr-3399	47	10	1970	1970	NUM
fsr-3399	47	11	and	and	CCONJ
fsr-3399	47	12	1998	1998	NUM
fsr-3399	47	13	in	in	ADP
fsr-3399	47	14	36	36	NUM
fsr-3399	47	15	of	of	ADP
fsr-3399	47	16	the	the	DET
fsr-3399	47	17	37	37	NUM
fsr-3399	47	18	developed	developed	ADJ
fsr-3399	47	19	and	and	CCONJ
fsr-3399	47	20	emerging	emerge	VERB
fsr-3399	47	21	markets	market	NOUN
fsr-3399	47	22	,	,	PUNCT
fsr-3399	47	23	with	with	ADP
fsr-3399	47	24	particularly	particularly	ADV
fsr-3399	47	25	strong	strong	ADJ
fsr-3399	47	26	effects	effect	NOUN
fsr-3399	47	27	in	in	ADP
fsr-3399	47	28	europe	europe	PROPN
fsr-3399	47	29	.	.	PUNCT
fsr-3399	48	1	in	in	ADP
fsr-3399	48	2	fact	fact	NOUN
fsr-3399	48	3	,	,	PUNCT
fsr-3399	48	4	they	they	PRON
fsr-3399	48	5	find	find	VERB
fsr-3399	48	6	british	british	ADJ
fsr-3399	48	7	evidence	evidence	NOUN
fsr-3399	48	8	of	of	ADP
fsr-3399	48	9	it	it	PRON
fsr-3399	48	10	dating	date	VERB
fsr-3399	48	11	back	back	ADV
fsr-3399	48	12	to	to	ADP
fsr-3399	48	13	1694	1694	NUM
fsr-3399	48	14	.	.	PUNCT
fsr-3399	49	1	they	they	PRON
fsr-3399	49	2	conclude	conclude	VERB
fsr-3399	49	3	that	that	SCONJ
fsr-3399	49	4	none	none	NOUN
fsr-3399	49	5	of	of	ADP
fsr-3399	49	6	the	the	DET
fsr-3399	49	7	conventional	conventional	ADJ
fsr-3399	49	8	explanations	explanation	NOUN
fsr-3399	49	9	can	can	AUX
fsr-3399	49	10	compellingly	compellingly	ADV
fsr-3399	49	11	explain	explain	VERB
fsr-3399	49	12	this	this	DET
fsr-3399	49	13	puzzle	puzzle	NOUN
fsr-3399	49	14	.	.	PUNCT
fsr-3399	50	1	responding	respond	VERB
fsr-3399	50	2	to	to	ADP
fsr-3399	50	3	the	the	DET
fsr-3399	50	4	patterns	pattern	NOUN
fsr-3399	50	5	published	publish	VERB
fsr-3399	50	6	in	in	ADP
fsr-3399	50	7	the	the	DET
fsr-3399	50	8	almanac	almanac	NOUN
fsr-3399	50	9	in	in	ADP
fsr-3399	50	10	1986	1986	NUM
fsr-3399	50	11	,	,	PUNCT
fsr-3399	50	12	aronson	aronson	PROPN
fsr-3399	50	13	and	and	CCONJ
fsr-3399	50	14	masters	master	NOUN
fsr-3399	50	15	(	(	PUNCT
fsr-3399	50	16	2006	2006	NUM
fsr-3399	50	17	)	)	PUNCT
fsr-3399	50	18	back	back	ADV
fsr-3399	50	19	-	-	PUNCT
fsr-3399	50	20	tested	test	VERB
fsr-3399	50	21	the	the	DET
fsr-3399	50	22	switching	switch	VERB
fsr-3399	50	23	strategy	strategy	NOUN
fsr-3399	50	24	from	from	ADP
fsr-3399	50	25	november	november	PROPN
fsr-3399	50	26	1987	1987	NUM
fsr-3399	50	27	through	through	ADP
fsr-3399	50	28	april	april	PROPN
fsr-3399	50	29	2006	2006	NUM
fsr-3399	50	30	based	base	VERB
fsr-3399	50	31	on	on	ADP
fsr-3399	50	32	their	their	PRON
fsr-3399	50	33	own	own	ADJ
fsr-3399	50	34	scientific	scientific	ADJ
fsr-3399	50	35	technique	technique	NOUN
fsr-3399	50	36	.	.	PUNCT
fsr-3399	51	1	the	the	DET
fsr-3399	51	2	evidence	evidence	NOUN
fsr-3399	51	3	pointed	point	VERB
fsr-3399	51	4	to	to	ADP
fsr-3399	51	5	annualized	annualize	VERB
fsr-3399	51	6	returns	return	NOUN
fsr-3399	51	7	of	of	ADP
fsr-3399	51	8	16.3	16.3	NUM
fsr-3399	51	9	%	%	NOUN
fsr-3399	51	10	on	on	ADP
fsr-3399	51	11	the	the	DET
fsr-3399	51	12	s&p	s&p	PROPN
fsr-3399	51	13	500	500	NUM
fsr-3399	51	14	during	during	ADP
fsr-3399	51	15	the	the	DET
fsr-3399	51	16	high	high	ADJ
fsr-3399	51	17	-	-	PUNCT
fsr-3399	51	18	performance	performance	NOUN
fsr-3399	51	19	period	period	NOUN
fsr-3399	51	20	compared	compare	VERB
fsr-3399	51	21	with	with	ADP
fsr-3399	51	22	3.9	3.9	NUM
fsr-3399	51	23	%	%	NOUN
fsr-3399	51	24	for	for	ADP
fsr-3399	51	25	the	the	DET
fsr-3399	51	26	low	low	ADV
fsr-3399	51	27	-	-	PUNCT
fsr-3399	51	28	performing	perform	VERB
fsr-3399	51	29	months	month	NOUN
fsr-3399	51	30	.	.	PUNCT
fsr-3399	52	1	nonetheless	nonetheless	ADV
fsr-3399	52	2	,	,	PUNCT
fsr-3399	52	3	unless	unless	SCONJ
fsr-3399	52	4	investors	investor	NOUN
fsr-3399	52	5	believe	believe	VERB
fsr-3399	52	6	that	that	SCONJ
fsr-3399	52	7	“	"	PUNCT
fsr-3399	52	8	history	history	NOUN
fsr-3399	52	9	repeats	repeat	VERB
fsr-3399	52	10	itself”—a	itself”—a	NOUN
fsr-3399	52	11	characteristic	characteristic	ADJ
fsr-3399	52	12	associated	associate	VERB
fsr-3399	52	13	with	with	ADP
fsr-3399	52	14	technical	technical	ADJ
fsr-3399	52	15	analysis	analysis	NOUN
fsr-3399	52	16	and	and	CCONJ
fsr-3399	52	17	charting	charting	NOUN
fsr-3399	52	18	—	—	PUNCT
fsr-3399	52	19	back	back	NOUN
fsr-3399	52	20	-	-	PUNCT
fsr-3399	52	21	testing	testing	NOUN
fsr-3399	52	22	can	can	AUX
fsr-3399	52	23	easily	easily	ADV
fsr-3399	52	24	overstate	overstate	VERB
fsr-3399	52	25	future	future	ADJ
fsr-3399	52	26	performance	performance	NOUN
fsr-3399	52	27	.	.	PUNCT
fsr-3399	53	1	that	that	PRON
fsr-3399	53	2	said	say	VERB
fsr-3399	53	3	,	,	PUNCT
fsr-3399	53	4	the	the	DET
fsr-3399	53	5	performance	performance	NOUN
fsr-3399	53	6	differences	difference	NOUN
fsr-3399	53	7	lead	lead	VERB
fsr-3399	53	8	the	the	DET
fsr-3399	53	9	authors	author	NOUN
fsr-3399	53	10	to	to	PART
fsr-3399	53	11	conclude	conclude	VERB
fsr-3399	53	12	that	that	SCONJ
fsr-3399	53	13	the	the	DET
fsr-3399	53	14	switching	switch	VERB
fsr-3399	53	15	strategy	strategy	NOUN
fsr-3399	53	16	offers	offer	VERB
fsr-3399	53	17	the	the	DET
fsr-3399	53	18	most	most	ADV
fsr-3399	53	19	effective	effective	ADJ
fsr-3399	53	20	way	way	NOUN
fsr-3399	53	21	to	to	PART
fsr-3399	53	22	earn	earn	VERB
fsr-3399	53	23	above	above	ADP
fsr-3399	53	24	-	-	PUNCT
fsr-3399	53	25	average	average	ADJ
fsr-3399	53	26	returns	return	NOUN
fsr-3399	53	27	among	among	ADP
fsr-3399	53	28	the	the	DET
fsr-3399	53	29	over	over	ADP
fsr-3399	53	30	6,000	6,000	NUM
fsr-3399	53	31	rules	rule	NOUN
fsr-3399	53	32	in	in	ADP
fsr-3399	53	33	the	the	DET
fsr-3399	53	34	almanac	almanac	NOUN
fsr-3399	53	35	.	.	PUNCT
fsr-3399	54	1	kochman	kochman	NOUN
fsr-3399	54	2	and	and	CCONJ
fsr-3399	54	3	badarinathi	badarinathi	PROPN
fsr-3399	54	4	(	(	PUNCT
fsr-3399	54	5	2008	2008	NUM
fsr-3399	54	6	)	)	PUNCT
fsr-3399	54	7	,	,	PUNCT
fsr-3399	54	8	using	use	VERB
fsr-3399	54	9	the	the	DET
fsr-3399	54	10	s&p	s&p	PROPN
fsr-3399	54	11	500	500	NUM
fsr-3399	54	12	between	between	ADP
fsr-3399	54	13	1926	1926	NUM
fsr-3399	54	14	and	and	CCONJ
fsr-3399	54	15	2004	2004	NUM
fsr-3399	54	16	,	,	PUNCT
fsr-3399	54	17	document	document	NOUN
fsr-3399	54	18	that	that	SCONJ
fsr-3399	54	19	the	the	DET
fsr-3399	54	20	annualized	annualize	VERB
fsr-3399	54	21	returns	return	NOUN
fsr-3399	54	22	for	for	ADP
fsr-3399	54	23	the	the	DET
fsr-3399	54	24	periods	period	NOUN
fsr-3399	54	25	november	november	PROPN
fsr-3399	54	26	through	through	ADP
fsr-3399	54	27	april	april	PROPN
fsr-3399	54	28	and	and	CCONJ
fsr-3399	54	29	may	may	AUX
fsr-3399	54	30	through	through	ADP
fsr-3399	54	31	october	october	PROPN
fsr-3399	54	32	305a	305a	PROPN
fsr-3399	54	33	.	.	PUNCT
fsr-3399	55	1	loviscek	loviscek	NOUN
fsr-3399	55	2	,	,	PUNCT
fsr-3399	55	3	a.	a.	NOUN
fsr-3399	55	4	broder	broder	PROPN
fsr-3399	55	5	/	/	SYM
fsr-3399	55	6	financial	financial	ADJ
fsr-3399	55	7	services	service	NOUN
fsr-3399	55	8	review	review	VERB
fsr-3399	55	9	27	27	NUM
fsr-3399	55	10	(	(	PUNCT
fsr-3399	55	11	2018	2018	NUM
fsr-3399	55	12	)	)	PUNCT
fsr-3399	55	13	303	303	NUM
fsr-3399	55	14	-	-	SYM
fsr-3399	55	15	322	322	NUM
fsr-3399	55	16	are	be	AUX
fsr-3399	55	17	15.6	15.6	NUM
fsr-3399	55	18	%	%	NOUN
fsr-3399	55	19	percent	percent	NOUN
fsr-3399	55	20	and	and	CCONJ
fsr-3399	55	21	9.1	9.1	NUM
fsr-3399	55	22	%	%	NOUN
fsr-3399	55	23	percent	percent	NOUN
fsr-3399	55	24	,	,	PUNCT
fsr-3399	55	25	respectively	respectively	ADV
fsr-3399	55	26	.	.	PUNCT
fsr-3399	56	1	they	they	PRON
fsr-3399	56	2	also	also	ADV
fsr-3399	56	3	find	find	VERB
fsr-3399	56	4	that	that	SCONJ
fsr-3399	56	5	november	november	PROPN
fsr-3399	56	6	–	–	PUNCT
fsr-3399	56	7	april	april	PROPN
fsr-3399	56	8	outperforms	outperform	NOUN
fsr-3399	56	9	may	may	AUX
fsr-3399	56	10	–	–	PUNCT
fsr-3399	56	11	october	october	PROPN
fsr-3399	56	12	by	by	ADP
fsr-3399	56	13	13.6	13.6	NUM
fsr-3399	56	14	%	%	NOUN
fsr-3399	56	15	,	,	PUNCT
fsr-3399	56	16	or	or	CCONJ
fsr-3399	56	17	19.5	19.5	NUM
fsr-3399	56	18	%	%	NOUN
fsr-3399	56	19	versus	versus	ADP
fsr-3399	56	20	5.9	5.9	NUM
fsr-3399	56	21	%	%	NOUN
fsr-3399	56	22	.	.	PUNCT
fsr-3399	57	1	however	however	ADV
fsr-3399	57	2	,	,	PUNCT
fsr-3399	57	3	they	they	PRON
fsr-3399	57	4	recommend	recommend	VERB
fsr-3399	57	5	investors	investor	NOUN
fsr-3399	57	6	stay	stay	VERB
fsr-3399	57	7	fully	fully	ADV
fsr-3399	57	8	invested	invest	VERB
fsr-3399	57	9	and	and	CCONJ
fsr-3399	57	10	switch	switch	VERB
fsr-3399	57	11	from	from	ADP
fsr-3399	57	12	high	high	ADJ
fsr-3399	57	13	-	-	PUNCT
fsr-3399	57	14	beta	beta	NOUN
fsr-3399	57	15	stocks	stock	NOUN
fsr-3399	57	16	to	to	ADP
fsr-3399	57	17	low	low	ADJ
fsr-3399	57	18	-	-	PUNCT
fsr-3399	57	19	beta	beta	NOUN
fsr-3399	57	20	stocks	stock	NOUN
fsr-3399	57	21	as	as	ADV
fsr-3399	57	22	well	well	ADV
fsr-3399	57	23	as	as	ADP
fsr-3399	57	24	sell	sell	VERB
fsr-3399	57	25	call	call	NOUN
fsr-3399	57	26	options	option	NOUN
fsr-3399	57	27	.	.	PUNCT
fsr-3399	58	1	in	in	ADP
fsr-3399	58	2	a	a	DET
fsr-3399	58	3	follow	follow	VERB
fsr-3399	58	4	-	-	PUNCT
fsr-3399	58	5	up	up	ADP
fsr-3399	58	6	study	study	NOUN
fsr-3399	58	7	,	,	PUNCT
fsr-3399	58	8	based	base	VERB
fsr-3399	58	9	on	on	ADP
fsr-3399	58	10	eight	eight	NUM
fsr-3399	58	11	years	year	NOUN
fsr-3399	58	12	of	of	ADP
fsr-3399	58	13	data	datum	NOUN
fsr-3399	58	14	covering	cover	VERB
fsr-3399	58	15	november	november	PROPN
fsr-3399	58	16	2004	2004	NUM
fsr-3399	58	17	through	through	ADP
fsr-3399	58	18	october	october	PROPN
fsr-3399	58	19	2012	2012	NUM
fsr-3399	58	20	,	,	PUNCT
fsr-3399	58	21	kochman	kochman	NOUN
fsr-3399	58	22	et	et	PROPN
fsr-3399	58	23	al	al	PROPN
fsr-3399	58	24	.	.	PROPN
fsr-3399	59	1	(	(	PUNCT
fsr-3399	59	2	2014	2014	NUM
fsr-3399	59	3	)	)	PUNCT
fsr-3399	59	4	show	show	VERB
fsr-3399	59	5	that	that	SCONJ
fsr-3399	59	6	per	per	ADP
fsr-3399	59	7	annum	annum	X
fsr-3399	59	8	returns	return	NOUN
fsr-3399	59	9	for	for	ADP
fsr-3399	59	10	november	november	PROPN
fsr-3399	59	11	through	through	ADP
fsr-3399	59	12	april	april	PROPN
fsr-3399	59	13	are	be	AUX
fsr-3399	59	14	10.1	10.1	NUM
fsr-3399	59	15	%	%	NOUN
fsr-3399	59	16	,	,	PUNCT
fsr-3399	59	17	which	which	PRON
fsr-3399	59	18	significantly	significantly	ADV
fsr-3399	59	19	offset	offset	VERB
fsr-3399	59	20	the	the	DET
fsr-3399	59	21	negative	negative	ADJ
fsr-3399	59	22	annualized	annualize	VERB
fsr-3399	59	23	loss	loss	NOUN
fsr-3399	59	24	of	of	ADP
fsr-3399	59	25	nearly	nearly	ADV
fsr-3399	59	26	1.2	1.2	NUM
fsr-3399	59	27	%	%	NOUN
fsr-3399	59	28	for	for	ADP
fsr-3399	59	29	may	may	PROPN
fsr-3399	59	30	through	through	ADP
fsr-3399	59	31	october	october	PROPN
fsr-3399	59	32	.	.	PUNCT
fsr-3399	60	1	they	they	PRON
fsr-3399	60	2	conclude	conclude	VERB
fsr-3399	60	3	that	that	SCONJ
fsr-3399	60	4	investors	investor	NOUN
fsr-3399	60	5	should	should	AUX
fsr-3399	60	6	adjust	adjust	VERB
fsr-3399	60	7	accordingly	accordingly	ADV
fsr-3399	60	8	to	to	ADP
fsr-3399	60	9	the	the	DET
fsr-3399	60	10	“	"	PUNCT
fsr-3399	60	11	sell	sell	NOUN
fsr-3399	60	12	in	in	ADP
fsr-3399	60	13	may	may	PROPN
fsr-3399	60	14	”	"	PUNCT
fsr-3399	60	15	strategy	strategy	NOUN
fsr-3399	60	16	.	.	PUNCT
fsr-3399	61	1	in	in	ADP
fsr-3399	61	2	a	a	DET
fsr-3399	61	3	comprehensive	comprehensive	ADJ
fsr-3399	61	4	study	study	NOUN
fsr-3399	61	5	,	,	PUNCT
fsr-3399	61	6	andrade	andrade	PROPN
fsr-3399	61	7	et	et	PROPN
fsr-3399	61	8	al	al	PROPN
fsr-3399	61	9	.	.	PROPN
fsr-3399	61	10	(	(	PUNCT
fsr-3399	61	11	2013	2013	NUM
fsr-3399	61	12	)	)	PUNCT
fsr-3399	61	13	present	present	ADJ
fsr-3399	61	14	evidence	evidence	NOUN
fsr-3399	61	15	consistent	consistent	ADJ
fsr-3399	61	16	with	with	ADP
fsr-3399	61	17	the	the	DET
fsr-3399	61	18	“	"	PUNCT
fsr-3399	61	19	sell	sell	NOUN
fsr-3399	61	20	in	in	ADP
fsr-3399	61	21	may	may	PROPN
fsr-3399	61	22	”	"	PUNCT
fsr-3399	61	23	strategy	strategy	NOUN
fsr-3399	61	24	.	.	PUNCT
fsr-3399	62	1	using	use	VERB
fsr-3399	62	2	msci	msci	PROPN
fsr-3399	62	3	data	datum	NOUN
fsr-3399	62	4	in	in	ADP
fsr-3399	62	5	local	local	ADJ
fsr-3399	62	6	currencies	currency	NOUN
fsr-3399	62	7	and	and	CCONJ
fsr-3399	62	8	guided	guide	VERB
fsr-3399	62	9	by	by	ADP
fsr-3399	62	10	bouman	bouman	NOUN
fsr-3399	62	11	and	and	CCONJ
fsr-3399	62	12	jacobsen	jacobsen	PROPN
fsr-3399	62	13	(	(	PUNCT
fsr-3399	62	14	2002	2002	NUM
fsr-3399	62	15	)	)	PUNCT
fsr-3399	62	16	,	,	PUNCT
fsr-3399	62	17	they	they	PRON
fsr-3399	62	18	show	show	VERB
fsr-3399	62	19	that	that	SCONJ
fsr-3399	62	20	it	it	PRON
fsr-3399	62	21	is	be	AUX
fsr-3399	62	22	pervasive	pervasive	ADJ
fsr-3399	62	23	in	in	ADP
fsr-3399	62	24	financial	financial	ADJ
fsr-3399	62	25	markets	market	NOUN
fsr-3399	62	26	across	across	ADP
fsr-3399	62	27	37	37	NUM
fsr-3399	62	28	countries	country	NOUN
fsr-3399	62	29	,	,	PUNCT
fsr-3399	62	30	registering	register	VERB
fsr-3399	62	31	a	a	DET
fsr-3399	62	32	mean	mean	ADJ
fsr-3399	62	33	return	return	NOUN
fsr-3399	62	34	that	that	PRON
fsr-3399	62	35	exceeds	exceed	VERB
fsr-3399	62	36	the	the	DET
fsr-3399	62	37	underperforming	underperforming	ADJ
fsr-3399	62	38	months	month	NOUN
fsr-3399	62	39	in	in	ADP
fsr-3399	62	40	all	all	DET
fsr-3399	62	41	37	37	NUM
fsr-3399	62	42	countries	country	NOUN
fsr-3399	62	43	.	.	PUNCT
fsr-3399	63	1	more	more	ADV
fsr-3399	63	2	important	important	ADJ
fsr-3399	63	3	,	,	PUNCT
fsr-3399	63	4	the	the	DET
fsr-3399	63	5	results	result	NOUN
fsr-3399	63	6	are	be	AUX
fsr-3399	63	7	not	not	PART
fsr-3399	63	8	only	only	ADV
fsr-3399	63	9	out	out	ADV
fsr-3399	63	10	-	-	PUNCT
fsr-3399	63	11	of	of	ADP
fsr-3399	63	12	-	-	PUNCT
fsr-3399	63	13	sample	sample	NOUN
fsr-3399	63	14	but	but	CCONJ
fsr-3399	63	15	also	also	ADV
fsr-3399	63	16	are	be	AUX
fsr-3399	63	17	persistent	persistent	ADJ
fsr-3399	63	18	.	.	PUNCT
fsr-3399	64	1	their	their	PRON
fsr-3399	64	2	results	result	NOUN
fsr-3399	64	3	support	support	VERB
fsr-3399	64	4	the	the	DET
fsr-3399	64	5	findings	finding	NOUN
fsr-3399	64	6	of	of	ADP
fsr-3399	64	7	bouman	bouman	NOUN
fsr-3399	64	8	and	and	CCONJ
fsr-3399	64	9	jacobsen	jacobsen	PROPN
fsr-3399	64	10	(	(	PUNCT
fsr-3399	64	11	2002	2002	NUM
fsr-3399	64	12	)	)	PUNCT
fsr-3399	64	13	.	.	PUNCT
fsr-3399	65	1	the	the	DET
fsr-3399	65	2	effect	effect	NOUN
fsr-3399	65	3	found	find	VERB
fsr-3399	65	4	is	be	AUX
fsr-3399	65	5	not	not	PART
fsr-3399	65	6	only	only	ADV
fsr-3399	65	7	statistically	statistically	ADV
fsr-3399	65	8	significant	significant	ADJ
fsr-3399	65	9	but	but	CCONJ
fsr-3399	65	10	is	be	AUX
fsr-3399	65	11	also	also	ADV
fsr-3399	65	12	economically	economically	ADV
fsr-3399	65	13	large	large	ADJ
fsr-3399	65	14	,	,	PUNCT
fsr-3399	65	15	and	and	CCONJ
fsr-3399	65	16	holds	hold	VERB
fsr-3399	65	17	across	across	ADP
fsr-3399	65	18	foreign	foreign	ADJ
fsr-3399	65	19	exchange	exchange	NOUN
fsr-3399	65	20	,	,	PUNCT
fsr-3399	65	21	carry	carry	VERB
fsr-3399	65	22	trade	trade	NOUN
fsr-3399	65	23	,	,	PUNCT
fsr-3399	65	24	and	and	CCONJ
fsr-3399	65	25	risk	risk	NOUN
fsr-3399	65	26	premiums	premium	NOUN
fsr-3399	65	27	.	.	PUNCT
fsr-3399	66	1	in	in	ADP
fsr-3399	66	2	another	another	DET
fsr-3399	66	3	international	international	ADJ
fsr-3399	66	4	study	study	NOUN
fsr-3399	66	5	,	,	PUNCT
fsr-3399	66	6	borowski	borowski	PROPN
fsr-3399	66	7	(	(	PUNCT
fsr-3399	66	8	2015	2015	NUM
fsr-3399	66	9	)	)	PUNCT
fsr-3399	66	10	examines	examine	VERB
fsr-3399	66	11	the	the	DET
fsr-3399	66	12	“	"	PUNCT
fsr-3399	66	13	sell	sell	VERB
fsr-3399	66	14	-	-	PUNCT
fsr-3399	66	15	in	in	ADP
fsr-3399	66	16	-	-	PUNCT
fsr-3399	66	17	may	may	NOUN
fsr-3399	66	18	”	"	PUNCT
fsr-3399	66	19	effect	effect	NOUN
fsr-3399	66	20	on	on	ADP
fsr-3399	66	21	122	122	NUM
fsr-3399	66	22	equity	equity	NOUN
fsr-3399	66	23	indices	index	NOUN
fsr-3399	66	24	and	and	CCONJ
fsr-3399	66	25	39	39	NUM
fsr-3399	66	26	commodities	commodity	NOUN
fsr-3399	66	27	and	and	CCONJ
fsr-3399	66	28	across	across	ADP
fsr-3399	66	29	several	several	ADJ
fsr-3399	66	30	different	different	ADJ
fsr-3399	66	31	periods	period	NOUN
fsr-3399	66	32	.	.	PUNCT
fsr-3399	67	1	he	he	PRON
fsr-3399	67	2	finds	find	VERB
fsr-3399	67	3	,	,	PUNCT
fsr-3399	67	4	as	as	SCONJ
fsr-3399	67	5	does	do	VERB
fsr-3399	67	6	andrade	andrade	PROPN
fsr-3399	67	7	et	et	PROPN
fsr-3399	67	8	al	al	PROPN
fsr-3399	67	9	.	.	PROPN
fsr-3399	68	1	(	(	PUNCT
fsr-3399	68	2	2013	2013	NUM
fsr-3399	68	3	)	)	PUNCT
fsr-3399	68	4	,	,	PUNCT
fsr-3399	68	5	that	that	SCONJ
fsr-3399	68	6	the	the	DET
fsr-3399	68	7	effect	effect	NOUN
fsr-3399	68	8	holds	hold	VERB
fsr-3399	68	9	for	for	ADP
fsr-3399	68	10	november	november	PROPN
fsr-3399	68	11	through	through	ADP
fsr-3399	68	12	april	april	PROPN
fsr-3399	68	13	.	.	PUNCT
fsr-3399	69	1	as	as	ADV
fsr-3399	69	2	well	well	ADV
fsr-3399	69	3	,	,	PUNCT
fsr-3399	69	4	he	he	PRON
fsr-3399	69	5	discovers	discover	VERB
fsr-3399	69	6	that	that	SCONJ
fsr-3399	69	7	it	it	PRON
fsr-3399	69	8	applies	apply	VERB
fsr-3399	69	9	to	to	ADP
fsr-3399	69	10	the	the	DET
fsr-3399	69	11	following	following	ADJ
fsr-3399	69	12	periods	period	NOUN
fsr-3399	69	13	:	:	PUNCT
fsr-3399	69	14	from	from	ADP
fsr-3399	69	15	october	october	PROPN
fsr-3399	69	16	15	15	NUM
fsr-3399	69	17	through	through	ADP
fsr-3399	69	18	may	may	PROPN
fsr-3399	69	19	,	,	PUNCT
fsr-3399	69	20	from	from	ADP
fsr-3399	69	21	november	november	PROPN
fsr-3399	69	22	15	15	NUM
fsr-3399	69	23	through	through	ADP
fsr-3399	69	24	may	may	PROPN
fsr-3399	69	25	,	,	PUNCT
fsr-3399	69	26	from	from	ADP
fsr-3399	69	27	october	october	PROPN
fsr-3399	69	28	1	1	NUM
fsr-3399	69	29	through	through	ADP
fsr-3399	69	30	may	may	PROPN
fsr-3399	69	31	and	and	CCONJ
fsr-3399	69	32	from	from	ADP
fsr-3399	69	33	november	november	PROPN
fsr-3399	69	34	1	1	NUM
fsr-3399	69	35	through	through	ADP
fsr-3399	69	36	may	may	PROPN
fsr-3399	69	37	.	.	PUNCT
fsr-3399	70	1	he	he	PRON
fsr-3399	70	2	also	also	ADV
fsr-3399	70	3	shows	show	VERB
fsr-3399	70	4	that	that	SCONJ
fsr-3399	70	5	it	it	PRON
fsr-3399	70	6	holds	hold	VERB
fsr-3399	70	7	across	across	ADP
fsr-3399	70	8	various	various	ADJ
fsr-3399	70	9	return	return	NOUN
fsr-3399	70	10	calculations	calculation	NOUN
fsr-3399	70	11	,	,	PUNCT
fsr-3399	70	12	including	include	VERB
fsr-3399	70	13	daily	daily	ADJ
fsr-3399	70	14	mean	mean	ADJ
fsr-3399	70	15	returns	return	NOUN
fsr-3399	70	16	.	.	PUNCT
fsr-3399	71	1	the	the	DET
fsr-3399	71	2	evidence	evidence	NOUN
fsr-3399	71	3	suggests	suggest	VERB
fsr-3399	71	4	that	that	SCONJ
fsr-3399	71	5	markets	market	NOUN
fsr-3399	71	6	are	be	AUX
fsr-3399	71	7	not	not	PART
fsr-3399	71	8	as	as	ADV
fsr-3399	71	9	efficient	efficient	ADJ
fsr-3399	71	10	as	as	SCONJ
fsr-3399	71	11	many	many	ADJ
fsr-3399	71	12	researchers	researcher	NOUN
fsr-3399	71	13	have	have	AUX
fsr-3399	71	14	concluded	conclude	VERB
fsr-3399	71	15	.	.	PUNCT
fsr-3399	72	1	on	on	ADP
fsr-3399	72	2	the	the	DET
fsr-3399	72	3	other	other	ADJ
fsr-3399	72	4	hand	hand	NOUN
fsr-3399	72	5	,	,	PUNCT
fsr-3399	72	6	maberly	maberly	ADV
fsr-3399	72	7	and	and	CCONJ
fsr-3399	72	8	pierce	pierce	PROPN
fsr-3399	72	9	(	(	PUNCT
fsr-3399	72	10	2004	2004	NUM
fsr-3399	72	11	)	)	PUNCT
fsr-3399	72	12	counter	counter	NOUN
fsr-3399	72	13	these	these	DET
fsr-3399	72	14	results	result	NOUN
fsr-3399	72	15	,	,	PUNCT
fsr-3399	72	16	at	at	ADP
fsr-3399	72	17	least	least	ADJ
fsr-3399	72	18	for	for	ADP
fsr-3399	72	19	u.s	u.s	PROPN
fsr-3399	72	20	.	.	PROPN
fsr-3399	72	21	equities	equity	NOUN
fsr-3399	72	22	,	,	PUNCT
fsr-3399	72	23	by	by	ADP
fsr-3399	72	24	adjusting	adjust	VERB
fsr-3399	72	25	for	for	ADP
fsr-3399	72	26	two	two	NUM
fsr-3399	72	27	major	major	ADJ
fsr-3399	72	28	outliers	outlier	NOUN
fsr-3399	72	29	that	that	SCONJ
fsr-3399	72	30	they	they	PRON
fsr-3399	72	31	assert	assert	VERB
fsr-3399	72	32	significantly	significantly	ADV
fsr-3399	72	33	drive	drive	VERB
fsr-3399	72	34	the	the	DET
fsr-3399	72	35	results	result	NOUN
fsr-3399	72	36	of	of	ADP
fsr-3399	72	37	bouman	bouman	NOUN
fsr-3399	72	38	and	and	CCONJ
fsr-3399	72	39	jacobsen	jacobsen	PROPN
fsr-3399	72	40	:	:	PUNCT
fsr-3399	72	41	the	the	DET
fsr-3399	72	42	stock	stock	NOUN
fsr-3399	72	43	market	market	NOUN
fsr-3399	72	44	crash	crash	NOUN
fsr-3399	72	45	of	of	ADP
fsr-3399	72	46	1987	1987	NUM
fsr-3399	72	47	and	and	CCONJ
fsr-3399	72	48	the	the	DET
fsr-3399	72	49	failure	failure	NOUN
fsr-3399	72	50	of	of	ADP
fsr-3399	72	51	the	the	DET
fsr-3399	72	52	hedge	hedge	NOUN
fsr-3399	72	53	fund	fund	NOUN
fsr-3399	72	54	long	long	ADJ
fsr-3399	72	55	-	-	PUNCT
fsr-3399	72	56	term	term	NOUN
fsr-3399	72	57	capital	capital	NOUN
fsr-3399	72	58	management	management	NOUN
fsr-3399	72	59	in	in	ADP
fsr-3399	72	60	1998	1998	NUM
fsr-3399	72	61	.	.	PUNCT
fsr-3399	73	1	they	they	PRON
fsr-3399	73	2	extend	extend	VERB
fsr-3399	73	3	their	their	PRON
fsr-3399	73	4	analysis	analysis	NOUN
fsr-3399	73	5	to	to	ADP
fsr-3399	73	6	u.s	u.s	PROPN
fsr-3399	73	7	.	.	PROPN
fsr-3399	73	8	futures	future	NOUN
fsr-3399	73	9	markets	market	NOUN
fsr-3399	73	10	and	and	CCONJ
fsr-3399	73	11	do	do	AUX
fsr-3399	73	12	not	not	PART
fsr-3399	73	13	find	find	VERB
fsr-3399	73	14	evidence	evidence	NOUN
fsr-3399	73	15	of	of	ADP
fsr-3399	73	16	market	market	NOUN
fsr-3399	73	17	inefficiency	inefficiency	NOUN
fsr-3399	73	18	from	from	ADP
fsr-3399	73	19	1970	1970	NUM
fsr-3399	73	20	to	to	ADP
fsr-3399	73	21	2003	2003	NUM
fsr-3399	73	22	.	.	PUNCT
fsr-3399	74	1	lucey	lucey	PROPN
fsr-3399	74	2	and	and	CCONJ
fsr-3399	74	3	zhao	zhao	PROPN
fsr-3399	74	4	(	(	PUNCT
fsr-3399	74	5	2008	2008	NUM
fsr-3399	74	6	)	)	PUNCT
fsr-3399	74	7	,	,	PUNCT
fsr-3399	74	8	recognizing	recognize	VERB
fsr-3399	74	9	the	the	DET
fsr-3399	74	10	possibility	possibility	NOUN
fsr-3399	74	11	of	of	ADP
fsr-3399	74	12	an	an	DET
fsr-3399	74	13	exploitable	exploitable	ADJ
fsr-3399	74	14	november	november	PROPN
fsr-3399	74	15	–	–	PUNCT
fsr-3399	74	16	april	april	PROPN
fsr-3399	74	17	effect	effect	NOUN
fsr-3399	74	18	,	,	PUNCT
fsr-3399	74	19	search	search	NOUN
fsr-3399	74	20	for	for	ADP
fsr-3399	74	21	evidence	evidence	NOUN
fsr-3399	74	22	of	of	ADP
fsr-3399	74	23	it	it	PRON
fsr-3399	74	24	from	from	ADP
fsr-3399	74	25	1926	1926	NUM
fsr-3399	74	26	through	through	ADP
fsr-3399	74	27	2002	2002	NUM
fsr-3399	74	28	,	,	PUNCT
fsr-3399	74	29	but	but	CCONJ
fsr-3399	74	30	find	find	VERB
fsr-3399	74	31	nothing	nothing	PRON
fsr-3399	74	32	significant	significant	ADJ
fsr-3399	74	33	.	.	PUNCT
fsr-3399	75	1	they	they	PRON
fsr-3399	75	2	suggest	suggest	VERB
fsr-3399	75	3	that	that	SCONJ
fsr-3399	75	4	the	the	DET
fsr-3399	75	5	positive	positive	ADJ
fsr-3399	75	6	results	result	NOUN
fsr-3399	75	7	found	find	VERB
fsr-3399	75	8	in	in	ADP
fsr-3399	75	9	previous	previous	ADJ
fsr-3399	75	10	studies	study	NOUN
fsr-3399	75	11	reflect	reflect	VERB
fsr-3399	75	12	,	,	PUNCT
fsr-3399	75	13	at	at	ADP
fsr-3399	75	14	least	least	ADJ
fsr-3399	75	15	in	in	ADP
fsr-3399	75	16	part	part	NOUN
fsr-3399	75	17	,	,	PUNCT
fsr-3399	75	18	the	the	DET
fsr-3399	75	19	january	january	PROPN
fsr-3399	75	20	effect	effect	NOUN
fsr-3399	75	21	.	.	PUNCT
fsr-3399	76	1	all	all	DET
fsr-3399	76	2	things	thing	NOUN
fsr-3399	76	3	considered	consider	VERB
fsr-3399	76	4	,	,	PUNCT
fsr-3399	76	5	the	the	DET
fsr-3399	76	6	evidence	evidence	NOUN
fsr-3399	76	7	is	be	AUX
fsr-3399	76	8	not	not	PART
fsr-3399	76	9	strong	strong	ADJ
fsr-3399	76	10	enough	enough	ADV
fsr-3399	76	11	to	to	PART
fsr-3399	76	12	conclude	conclude	VERB
fsr-3399	76	13	that	that	SCONJ
fsr-3399	76	14	markets	market	NOUN
fsr-3399	76	15	are	be	AUX
fsr-3399	76	16	inefficient	inefficient	ADJ
fsr-3399	76	17	.	.	PUNCT
fsr-3399	77	1	jones	jones	PROPN
fsr-3399	77	2	and	and	CCONJ
fsr-3399	77	3	lundstrum	lundstrum	PROPN
fsr-3399	77	4	(	(	PUNCT
fsr-3399	77	5	2009	2009	NUM
fsr-3399	77	6	)	)	PUNCT
fsr-3399	77	7	reach	reach	VERB
fsr-3399	77	8	a	a	DET
fsr-3399	77	9	similar	similar	ADJ
fsr-3399	77	10	conclusion	conclusion	NOUN
fsr-3399	77	11	.	.	PUNCT
fsr-3399	78	1	they	they	PRON
fsr-3399	78	2	rely	rely	VERB
fsr-3399	78	3	on	on	ADP
fsr-3399	78	4	two	two	NUM
fsr-3399	78	5	periods	period	NOUN
fsr-3399	78	6	,	,	PUNCT
fsr-3399	78	7	1976	1976	NUM
fsr-3399	78	8	to	to	ADP
fsr-3399	78	9	1998	1998	NUM
fsr-3399	78	10	,	,	PUNCT
fsr-3399	78	11	as	as	SCONJ
fsr-3399	78	12	did	do	AUX
fsr-3399	78	13	bouman	bouman	VERB
fsr-3399	78	14	and	and	CCONJ
fsr-3399	78	15	jacobsen	jacobsen	PROPN
fsr-3399	78	16	(	(	PUNCT
fsr-3399	78	17	2002	2002	NUM
fsr-3399	78	18	)	)	PUNCT
fsr-3399	78	19	,	,	PUNCT
fsr-3399	78	20	and	and	CCONJ
fsr-3399	78	21	1991	1991	NUM
fsr-3399	78	22	to	to	ADP
fsr-3399	78	23	2006	2006	NUM
fsr-3399	78	24	.	.	PUNCT
fsr-3399	79	1	they	they	PRON
fsr-3399	79	2	use	use	VERB
fsr-3399	79	3	s&p	s&p	PROPN
fsr-3399	79	4	500	500	NUM
fsr-3399	79	5	data	datum	NOUN
fsr-3399	79	6	and	and	CCONJ
fsr-3399	79	7	a	a	DET
fsr-3399	79	8	full	full	ADJ
fsr-3399	79	9	-	-	PUNCT
fsr-3399	79	10	year	year	NOUN
fsr-3399	79	11	asset	asset	NOUN
fsr-3399	79	12	allocation	allocation	NOUN
fsr-3399	79	13	strategy	strategy	NOUN
fsr-3399	79	14	between	between	ADP
fsr-3399	79	15	stocks	stock	NOUN
fsr-3399	79	16	and	and	CCONJ
fsr-3399	79	17	u.s	u.s	PROPN
fsr-3399	79	18	.	.	PROPN
fsr-3399	79	19	treasury	treasury	PROPN
fsr-3399	79	20	bills	bill	NOUN
fsr-3399	79	21	,	,	PUNCT
fsr-3399	79	22	and	and	CCONJ
fsr-3399	79	23	find	find	VERB
fsr-3399	79	24	that	that	SCONJ
fsr-3399	79	25	the	the	DET
fsr-3399	79	26	cumulative	cumulative	ADJ
fsr-3399	79	27	return	return	NOUN
fsr-3399	79	28	for	for	ADP
fsr-3399	79	29	a	a	DET
fsr-3399	79	30	buy	buy	VERB
fsr-3399	79	31	-	-	PUNCT
fsr-3399	79	32	and	and	CCONJ
fsr-3399	79	33	-	-	PUNCT
fsr-3399	79	34	hold	hold	VERB
fsr-3399	79	35	strategy	strategy	NOUN
fsr-3399	79	36	beats	beat	VERB
fsr-3399	79	37	the	the	DET
fsr-3399	79	38	november	november	PROPN
fsr-3399	79	39	–	–	PUNCT
fsr-3399	79	40	april	april	PROPN
fsr-3399	79	41	switching	switching	NOUN
fsr-3399	79	42	method	method	NOUN
fsr-3399	79	43	,	,	PUNCT
fsr-3399	79	44	registering	register	VERB
fsr-3399	79	45	a	a	DET
fsr-3399	79	46	return	return	NOUN
fsr-3399	79	47	of	of	ADP
fsr-3399	79	48	17.3	17.3	NUM
fsr-3399	79	49	%	%	NOUN
fsr-3399	79	50	versus	versus	ADP
fsr-3399	79	51	15.0	15.0	NUM
fsr-3399	79	52	%	%	NOUN
fsr-3399	79	53	for	for	ADP
fsr-3399	79	54	1991	1991	NUM
fsr-3399	79	55	through	through	ADP
fsr-3399	79	56	2006	2006	NUM
fsr-3399	79	57	.	.	PUNCT
fsr-3399	80	1	thus	thus	ADV
fsr-3399	80	2	,	,	PUNCT
fsr-3399	80	3	in	in	ADP
fsr-3399	80	4	contrast	contrast	NOUN
fsr-3399	80	5	to	to	ADP
fsr-3399	80	6	studies	study	NOUN
fsr-3399	80	7	uncovering	uncover	VERB
fsr-3399	80	8	profitable	profitable	ADJ
fsr-3399	80	9	opportunities	opportunity	NOUN
fsr-3399	80	10	for	for	ADP
fsr-3399	80	11	the	the	DET
fsr-3399	80	12	“	"	PUNCT
fsr-3399	80	13	sell	sell	NOUN
fsr-3399	80	14	in	in	ADP
fsr-3399	80	15	may	may	PROPN
fsr-3399	80	16	”	"	PUNCT
fsr-3399	80	17	thesis	thesis	NOUN
fsr-3399	80	18	,	,	PUNCT
fsr-3399	80	19	they	they	PRON
fsr-3399	80	20	find	find	VERB
fsr-3399	80	21	that	that	SCONJ
fsr-3399	80	22	it	it	PRON
fsr-3399	80	23	underperforms	underperform	VERB
fsr-3399	80	24	for	for	ADP
fsr-3399	80	25	this	this	DET
fsr-3399	80	26	period	period	NOUN
fsr-3399	80	27	.	.	PUNCT
fsr-3399	81	1	because	because	SCONJ
fsr-3399	81	2	this	this	DET
fsr-3399	81	3	period	period	NOUN
fsr-3399	81	4	overlaps	overlap	VERB
fsr-3399	81	5	with	with	ADP
fsr-3399	81	6	the	the	DET
fsr-3399	81	7	years	year	NOUN
fsr-3399	81	8	in	in	ADP
fsr-3399	81	9	the	the	DET
fsr-3399	81	10	study	study	NOUN
fsr-3399	81	11	by	by	ADP
fsr-3399	81	12	bouman	bouman	NOUN
fsr-3399	81	13	and	and	CCONJ
fsr-3399	81	14	jacobsen	jacobsen	PROPN
fsr-3399	81	15	(	(	PUNCT
fsr-3399	81	16	2002	2002	NUM
fsr-3399	81	17	)	)	PUNCT
fsr-3399	81	18	,	,	PUNCT
fsr-3399	81	19	jones	jones	PROPN
fsr-3399	81	20	and	and	CCONJ
fsr-3399	81	21	lundstrum	lundstrum	PROPN
fsr-3399	81	22	(	(	PUNCT
fsr-3399	81	23	2009	2009	NUM
fsr-3399	81	24	)	)	PUNCT
fsr-3399	81	25	can	can	AUX
fsr-3399	81	26	not	not	PART
fsr-3399	81	27	rule	rule	VERB
fsr-3399	81	28	out	out	ADP
fsr-3399	81	29	that	that	SCONJ
fsr-3399	81	30	the	the	DET
fsr-3399	81	31	findings	finding	NOUN
fsr-3399	81	32	of	of	ADP
fsr-3399	81	33	bouman	bouman	NOUN
fsr-3399	81	34	and	and	CCONJ
fsr-3399	81	35	jacobsen	jacobsen	PROPN
fsr-3399	81	36	(	(	PUNCT
fsr-3399	81	37	2002	2002	NUM
fsr-3399	81	38	)	)	PUNCT
fsr-3399	81	39	may	may	AUX
fsr-3399	81	40	be	be	AUX
fsr-3399	81	41	more	more	ADJ
fsr-3399	81	42	time	time	NOUN
fsr-3399	81	43	-	-	PUNCT
fsr-3399	81	44	specific	specific	ADJ
fsr-3399	81	45	than	than	SCONJ
fsr-3399	81	46	noted	note	VERB
fsr-3399	81	47	in	in	ADP
fsr-3399	81	48	the	the	DET
fsr-3399	81	49	literature	literature	NOUN
fsr-3399	81	50	.	.	PUNCT
fsr-3399	82	1	they	they	PRON
fsr-3399	82	2	point	point	VERB
fsr-3399	82	3	out	out	ADP
fsr-3399	82	4	that	that	SCONJ
fsr-3399	82	5	the	the	DET
fsr-3399	82	6	s&p	s&p	PROPN
fsr-3399	82	7	500	500	NUM
fsr-3399	82	8	return	return	NOUN
fsr-3399	82	9	was	be	AUX
fsr-3399	82	10	15.5	15.5	NUM
fsr-3399	82	11	%	%	NOUN
fsr-3399	82	12	during	during	ADP
fsr-3399	82	13	the	the	DET
fsr-3399	82	14	1980s	1980	NOUN
fsr-3399	82	15	and	and	CCONJ
fsr-3399	82	16	16.5	16.5	NUM
fsr-3399	82	17	%	%	NOUN
fsr-3399	82	18	during	during	ADP
fsr-3399	82	19	the	the	DET
fsr-3399	82	20	1990s	1990	NOUN
fsr-3399	82	21	(	(	PUNCT
fsr-3399	82	22	each	each	DET
fsr-3399	82	23	well	well	ADV
fsr-3399	82	24	above	above	ADP
fsr-3399	82	25	the	the	DET
fsr-3399	82	26	annual	annual	ADJ
fsr-3399	82	27	average	average	ADJ
fsr-3399	82	28	return	return	NOUN
fsr-3399	82	29	on	on	ADP
fsr-3399	82	30	equities	equity	NOUN
fsr-3399	82	31	of	of	ADP
fsr-3399	82	32	approximately	approximately	ADV
fsr-3399	82	33	10	10	NUM
fsr-3399	82	34	%	%	NOUN
fsr-3399	82	35	from	from	ADP
fsr-3399	82	36	1928	1928	NUM
fsr-3399	82	37	to	to	ADP
fsr-3399	82	38	306	306	NUM
fsr-3399	82	39	a.	a.	NOUN
fsr-3399	82	40	loviscek	loviscek	NOUN
fsr-3399	82	41	,	,	PUNCT
fsr-3399	82	42	a.	a.	NOUN
fsr-3399	82	43	broder	broder	PROPN
fsr-3399	82	44	/	/	SYM
fsr-3399	82	45	financial	financial	ADJ
fsr-3399	82	46	services	service	NOUN
fsr-3399	82	47	review	review	VERB
fsr-3399	82	48	27	27	NUM
fsr-3399	82	49	(	(	PUNCT
fsr-3399	82	50	2018	2018	NUM
fsr-3399	82	51	)	)	PUNCT
fsr-3399	82	52	303	303	NUM
fsr-3399	82	53	-	-	SYM
fsr-3399	82	54	322	322	NUM
fsr-3399	82	55	2017	2017	NUM
fsr-3399	82	56	)	)	PUNCT
fsr-3399	82	57	.	.	PUNCT
fsr-3399	83	1	therefore	therefore	ADV
fsr-3399	83	2	,	,	PUNCT
fsr-3399	83	3	it	it	PRON
fsr-3399	83	4	is	be	AUX
fsr-3399	83	5	not	not	PART
fsr-3399	83	6	clear	clear	ADJ
fsr-3399	83	7	to	to	ADP
fsr-3399	83	8	what	what	DET
fsr-3399	83	9	extent	extent	NOUN
fsr-3399	83	10	investors	investor	NOUN
fsr-3399	83	11	would	would	AUX
fsr-3399	83	12	have	have	AUX
fsr-3399	83	13	profited	profit	VERB
fsr-3399	83	14	from	from	ADP
fsr-3399	83	15	the	the	DET
fsr-3399	83	16	switching	switching	NOUN
fsr-3399	83	17	strategy	strategy	NOUN
fsr-3399	83	18	,	,	PUNCT
fsr-3399	83	19	especially	especially	ADV
fsr-3399	83	20	when	when	SCONJ
fsr-3399	83	21	considering	consider	VERB
fsr-3399	83	22	the	the	DET
fsr-3399	83	23	incentive	incentive	NOUN
fsr-3399	83	24	to	to	PART
fsr-3399	83	25	“	"	PUNCT
fsr-3399	83	26	buy	buy	VERB
fsr-3399	83	27	and	and	CCONJ
fsr-3399	83	28	hold	hold	VERB
fsr-3399	83	29	,	,	PUNCT
fsr-3399	83	30	”	"	PUNCT
fsr-3399	83	31	given	give	VERB
fsr-3399	83	32	the	the	DET
fsr-3399	83	33	bull	bull	NOUN
fsr-3399	83	34	market	market	NOUN
fsr-3399	83	35	conditions	condition	NOUN
fsr-3399	83	36	at	at	ADP
fsr-3399	83	37	those	those	DET
fsr-3399	83	38	times	time	NOUN
fsr-3399	83	39	.	.	PUNCT
fsr-3399	84	1	furthermore	furthermore	ADV
fsr-3399	84	2	,	,	PUNCT
fsr-3399	84	3	and	and	CCONJ
fsr-3399	84	4	because	because	SCONJ
fsr-3399	84	5	the	the	DET
fsr-3399	84	6	trading	trading	NOUN
fsr-3399	84	7	pattern	pattern	NOUN
fsr-3399	84	8	was	be	AUX
fsr-3399	84	9	not	not	PART
fsr-3399	84	10	revealed	reveal	VERB
fsr-3399	84	11	until	until	ADP
fsr-3399	84	12	1986	1986	NUM
fsr-3399	84	13	,	,	PUNCT
fsr-3399	84	14	u.s	u.s	PROPN
fsr-3399	84	15	.	.	PROPN
fsr-3399	84	16	investors	investor	NOUN
fsr-3399	84	17	could	could	AUX
fsr-3399	84	18	not	not	PART
fsr-3399	84	19	have	have	AUX
fsr-3399	84	20	fully	fully	ADV
fsr-3399	84	21	implemented	implement	VERB
fsr-3399	84	22	the	the	DET
fsr-3399	84	23	switching	switch	VERB
fsr-3399	84	24	strategy	strategy	NOUN
fsr-3399	84	25	from	from	ADP
fsr-3399	84	26	1976	1976	NUM
fsr-3399	84	27	to	to	ADP
fsr-3399	84	28	1998	1998	NUM
fsr-3399	84	29	,	,	PUNCT
fsr-3399	84	30	for	for	ADP
fsr-3399	84	31	example	example	NOUN
fsr-3399	84	32	,	,	PUNCT
fsr-3399	84	33	unless	unless	SCONJ
fsr-3399	84	34	they	they	PRON
fsr-3399	84	35	uncovered	uncover	VERB
fsr-3399	84	36	it	it	PRON
fsr-3399	84	37	themselves	themselves	PRON
fsr-3399	84	38	.	.	PUNCT
fsr-3399	85	1	similarly	similarly	ADV
fsr-3399	85	2	,	,	PUNCT
fsr-3399	85	3	dichtl	dichtl	NOUN
fsr-3399	85	4	and	and	CCONJ
fsr-3399	85	5	drobetz	drobetz	ADJ
fsr-3399	85	6	(	(	PUNCT
fsr-3399	85	7	2015	2015	NUM
fsr-3399	85	8	)	)	PUNCT
fsr-3399	85	9	revisit	revisit	VERB
fsr-3399	85	10	whether	whether	SCONJ
fsr-3399	85	11	the	the	DET
fsr-3399	85	12	strategy	strategy	NOUN
fsr-3399	85	13	can	can	AUX
fsr-3399	85	14	still	still	ADV
fsr-3399	85	15	produce	produce	VERB
fsr-3399	85	16	above	above	ADP
fsr-3399	85	17	-	-	PUNCT
fsr-3399	85	18	average	average	ADJ
fsr-3399	85	19	market	market	NOUN
fsr-3399	85	20	performance	performance	NOUN
fsr-3399	85	21	.	.	PUNCT
fsr-3399	86	1	in	in	ADP
fsr-3399	86	2	line	line	NOUN
fsr-3399	86	3	with	with	ADP
fsr-3399	86	4	the	the	DET
fsr-3399	86	5	work	work	NOUN
fsr-3399	86	6	of	of	ADP
fsr-3399	86	7	sullivan	sullivan	PROPN
fsr-3399	86	8	et	et	PROPN
fsr-3399	86	9	al	al	PROPN
fsr-3399	86	10	.	.	PROPN
fsr-3399	86	11	,	,	PUNCT
fsr-3399	86	12	(	(	PUNCT
fsr-3399	86	13	2001	2001	NUM
fsr-3399	86	14	)	)	PUNCT
fsr-3399	86	15	and	and	CCONJ
fsr-3399	86	16	lucey	lucey	PROPN
fsr-3399	86	17	and	and	CCONJ
fsr-3399	86	18	zhao	zhao	PROPN
fsr-3399	86	19	(	(	PUNCT
fsr-3399	86	20	2008	2008	NUM
fsr-3399	86	21	)	)	PUNCT
fsr-3399	86	22	,	,	PUNCT
fsr-3399	86	23	they	they	PRON
fsr-3399	86	24	consider	consider	VERB
fsr-3399	86	25	which	which	DET
fsr-3399	86	26	investment	investment	NOUN
fsr-3399	86	27	instruments	instrument	NOUN
fsr-3399	86	28	investors	investor	NOUN
fsr-3399	86	29	had	have	VERB
fsr-3399	86	30	at	at	ADP
fsr-3399	86	31	their	their	PRON
fsr-3399	86	32	disposal	disposal	NOUN
fsr-3399	86	33	,	,	PUNCT
fsr-3399	86	34	given	give	VERB
fsr-3399	86	35	limited	limited	ADJ
fsr-3399	86	36	data	datum	NOUN
fsr-3399	86	37	,	,	PUNCT
fsr-3399	86	38	in	in	ADP
fsr-3399	86	39	the	the	DET
fsr-3399	86	40	interest	interest	NOUN
fsr-3399	86	41	of	of	ADP
fsr-3399	86	42	mitigating	mitigate	VERB
fsr-3399	86	43	data	datum	NOUN
fsr-3399	86	44	mining	mining	NOUN
fsr-3399	86	45	and	and	CCONJ
fsr-3399	86	46	snooping	snooping	NOUN
fsr-3399	86	47	biases	bias	NOUN
fsr-3399	86	48	.	.	PUNCT
fsr-3399	87	1	using	use	VERB
fsr-3399	87	2	a	a	DET
fsr-3399	87	3	bootstrap	bootstrap	NOUN
fsr-3399	87	4	approach	approach	NOUN
fsr-3399	87	5	,	,	PUNCT
fsr-3399	87	6	they	they	PRON
fsr-3399	87	7	find	find	VERB
fsr-3399	87	8	the	the	DET
fsr-3399	87	9	“	"	PUNCT
fsr-3399	87	10	sell	sell	VERB
fsr-3399	87	11	in	in	ADP
fsr-3399	87	12	may	may	PROPN
fsr-3399	87	13	”	"	PUNCT
fsr-3399	87	14	strategy	strategy	NOUN
fsr-3399	87	15	is	be	AUX
fsr-3399	87	16	becoming	become	VERB
fsr-3399	87	17	less	less	ADV
fsr-3399	87	18	effective	effective	ADJ
fsr-3399	87	19	over	over	ADP
fsr-3399	87	20	time	time	NOUN
fsr-3399	87	21	,	,	PUNCT
fsr-3399	87	22	even	even	ADV
fsr-3399	87	23	disappearing	disappear	VERB
fsr-3399	87	24	in	in	ADP
fsr-3399	87	25	some	some	DET
fsr-3399	87	26	instances	instance	NOUN
fsr-3399	87	27	.	.	PUNCT
fsr-3399	88	1	they	they	PRON
fsr-3399	88	2	conclude	conclude	VERB
fsr-3399	88	3	that	that	SCONJ
fsr-3399	88	4	the	the	DET
fsr-3399	88	5	evidence	evidence	NOUN
fsr-3399	88	6	is	be	AUX
fsr-3399	88	7	consistent	consistent	ADJ
fsr-3399	88	8	with	with	ADP
fsr-3399	88	9	market	market	NOUN
fsr-3399	88	10	efficiency	efficiency	NOUN
fsr-3399	88	11	.	.	PUNCT
fsr-3399	89	1	with	with	ADP
fsr-3399	89	2	the	the	DET
fsr-3399	89	3	three	three	NUM
fsr-3399	89	4	perspectives	perspective	NOUN
fsr-3399	89	5	in	in	ADP
fsr-3399	89	6	mind	mind	NOUN
fsr-3399	89	7	,	,	PUNCT
fsr-3399	89	8	does	do	AUX
fsr-3399	89	9	the	the	DET
fsr-3399	89	10	switching	switch	VERB
fsr-3399	89	11	strategy	strategy	NOUN
fsr-3399	89	12	outperform	outperform	VERB
fsr-3399	89	13	the	the	DET
fsr-3399	89	14	buy	buy	NOUN
fsr-3399	89	15	-	-	PUNCT
fsr-3399	89	16	andhold	andhold	VERB
fsr-3399	89	17	approach	approach	NOUN
fsr-3399	89	18	from	from	ADP
fsr-3399	89	19	1986	1986	NUM
fsr-3399	89	20	through	through	ADP
fsr-3399	89	21	2016	2016	NUM
fsr-3399	89	22	?	?	PUNCT
fsr-3399	90	1	alternatively	alternatively	ADV
fsr-3399	90	2	,	,	PUNCT
fsr-3399	90	3	which	which	DET
fsr-3399	90	4	side	side	NOUN
fsr-3399	90	5	of	of	ADP
fsr-3399	90	6	the	the	DET
fsr-3399	90	7	literature	literature	NOUN
fsr-3399	90	8	do	do	VERB
fsr-3399	90	9	the	the	DET
fsr-3399	90	10	results	result	NOUN
fsr-3399	90	11	support	support	VERB
fsr-3399	90	12	?	?	PUNCT
fsr-3399	91	1	in	in	ADP
fsr-3399	91	2	addressing	address	VERB
fsr-3399	91	3	these	these	DET
fsr-3399	91	4	questions	question	NOUN
fsr-3399	91	5	,	,	PUNCT
fsr-3399	91	6	this	this	DET
fsr-3399	91	7	study	study	NOUN
fsr-3399	91	8	fits	fit	VERB
fsr-3399	91	9	within	within	ADP
fsr-3399	91	10	the	the	DET
fsr-3399	91	11	literature	literature	NOUN
fsr-3399	91	12	on	on	ADP
fsr-3399	91	13	the	the	DET
fsr-3399	91	14	timing	timing	NOUN
fsr-3399	91	15	of	of	ADP
fsr-3399	91	16	security	security	NOUN
fsr-3399	91	17	transactions	transaction	NOUN
fsr-3399	91	18	,	,	PUNCT
fsr-3399	91	19	long	long	ADV
fsr-3399	91	20	of	of	ADP
fsr-3399	91	21	interest	interest	NOUN
fsr-3399	91	22	in	in	ADP
fsr-3399	91	23	the	the	DET
fsr-3399	91	24	review	review	NOUN
fsr-3399	91	25	.	.	PUNCT
fsr-3399	92	1	for	for	ADP
fsr-3399	92	2	example	example	NOUN
fsr-3399	92	3	,	,	PUNCT
fsr-3399	92	4	early	early	ADJ
fsr-3399	92	5	studies	study	NOUN
fsr-3399	92	6	explore	explore	VERB
fsr-3399	92	7	whether	whether	SCONJ
fsr-3399	92	8	active	active	ADJ
fsr-3399	92	9	stock	stock	NOUN
fsr-3399	92	10	trading	trading	NOUN
fsr-3399	92	11	outside	outside	ADP
fsr-3399	92	12	january	january	PROPN
fsr-3399	92	13	is	be	AUX
fsr-3399	92	14	worthwhile	worthwhile	ADJ
fsr-3399	92	15	(	(	PUNCT
fsr-3399	92	16	mann	mann	PROPN
fsr-3399	92	17	and	and	CCONJ
fsr-3399	92	18	solberg	solberg	PROPN
fsr-3399	92	19	,	,	PUNCT
fsr-3399	92	20	1991	1991	NUM
fsr-3399	92	21	)	)	PUNCT
fsr-3399	92	22	,	,	PUNCT
fsr-3399	92	23	whether	whether	SCONJ
fsr-3399	92	24	dollar	dollar	NOUN
fsr-3399	92	25	-	-	PUNCT
fsr-3399	92	26	cost	cost	NOUN
fsr-3399	92	27	-	-	PUNCT
fsr-3399	92	28	averaging	averaging	NOUN
fsr-3399	92	29	adds	add	NOUN
fsr-3399	92	30	value	value	NOUN
fsr-3399	92	31	(	(	PUNCT
fsr-3399	92	32	knight	knight	NOUN
fsr-3399	92	33	,	,	PUNCT
fsr-3399	92	34	1992	1992	NUM
fsr-3399	92	35	)	)	PUNCT
fsr-3399	92	36	,	,	PUNCT
fsr-3399	92	37	and	and	CCONJ
fsr-3399	92	38	whether	whether	SCONJ
fsr-3399	92	39	it	it	PRON
fsr-3399	92	40	is	be	AUX
fsr-3399	92	41	profitable	profitable	ADJ
fsr-3399	92	42	to	to	PART
fsr-3399	92	43	trade	trade	VERB
fsr-3399	92	44	equity	equity	NOUN
fsr-3399	92	45	mutual	mutual	ADJ
fsr-3399	92	46	funds	fund	NOUN
fsr-3399	92	47	(	(	PUNCT
fsr-3399	92	48	radcliffe	radcliffe	PROPN
fsr-3399	92	49	,	,	PUNCT
fsr-3399	92	50	1992	1992	NUM
fsr-3399	92	51	)	)	PUNCT
fsr-3399	92	52	.	.	PUNCT
fsr-3399	93	1	later	later	ADV
fsr-3399	93	2	studies	study	NOUN
fsr-3399	93	3	explore	explore	VERB
fsr-3399	93	4	tax	tax	NOUN
fsr-3399	93	5	harvesting	harvesting	NOUN
fsr-3399	93	6	(	(	PUNCT
fsr-3399	93	7	smithhwang	smithhwang	NOUN
fsr-3399	93	8	and	and	CCONJ
fsr-3399	93	9	smith	smith	PROPN
fsr-3399	93	10	,	,	PUNCT
fsr-3399	93	11	2008	2008	NUM
fsr-3399	93	12	)	)	PUNCT
fsr-3399	93	13	,	,	PUNCT
fsr-3399	93	14	batch	batch	NOUN
fsr-3399	93	15	trades	trade	NOUN
fsr-3399	93	16	(	(	PUNCT
fsr-3399	93	17	johnson	johnson	PROPN
fsr-3399	93	18	and	and	CCONJ
fsr-3399	93	19	newman	newman	PROPN
fsr-3399	93	20	,	,	PUNCT
fsr-3399	93	21	2012	2012	NUM
fsr-3399	93	22	)	)	PUNCT
fsr-3399	93	23	,	,	PUNCT
fsr-3399	93	24	and	and	CCONJ
fsr-3399	93	25	turn	turn	NOUN
fsr-3399	93	26	-	-	PUNCT
fsr-3399	93	27	of	of	ADP
fsr-3399	93	28	-	-	PUNCT
fsr-3399	93	29	the	the	DET
fsr-3399	93	30	-	-	PUNCT
fsr-3399	93	31	month	month	NOUN
fsr-3399	93	32	effects	effect	NOUN
fsr-3399	93	33	(	(	PUNCT
fsr-3399	93	34	chen	chen	PROPN
fsr-3399	93	35	,	,	PUNCT
fsr-3399	93	36	shin	shin	NOUN
fsr-3399	93	37	,	,	PUNCT
fsr-3399	93	38	and	and	CCONJ
fsr-3399	93	39	sun	sun	NOUN
fsr-3399	93	40	,	,	PUNCT
fsr-3399	93	41	2015	2015	NUM
fsr-3399	93	42	)	)	PUNCT
fsr-3399	93	43	.	.	PUNCT
fsr-3399	94	1	3	3	X
fsr-3399	94	2	.	.	X
fsr-3399	94	3	mutual	mutual	ADJ
fsr-3399	94	4	funds	fund	NOUN
fsr-3399	94	5	and	and	CCONJ
fsr-3399	94	6	data	datum	NOUN
fsr-3399	94	7	the	the	DET
fsr-3399	94	8	attention	attention	NOUN
fsr-3399	94	9	is	be	AUX
fsr-3399	94	10	on	on	ADP
fsr-3399	94	11	individual	individual	ADJ
fsr-3399	94	12	investors	investor	NOUN
fsr-3399	94	13	in	in	ADP
fsr-3399	94	14	u.s	u.s	PROPN
fsr-3399	94	15	.	.	PROPN
fsr-3399	94	16	markets	market	NOUN
fsr-3399	94	17	,	,	PUNCT
fsr-3399	94	18	given	give	VERB
fsr-3399	94	19	the	the	DET
fsr-3399	94	20	focus	focus	NOUN
fsr-3399	94	21	of	of	ADP
fsr-3399	94	22	the	the	DET
fsr-3399	94	23	stock	stock	NOUN
fsr-3399	94	24	trader	trader	NOUN
fsr-3399	94	25	’s	’s	PART
fsr-3399	94	26	almanac	almanac	NOUN
fsr-3399	94	27	and	and	CCONJ
fsr-3399	94	28	the	the	DET
fsr-3399	94	29	well	well	ADV
fsr-3399	94	30	-	-	PUNCT
fsr-3399	94	31	documented	document	VERB
fsr-3399	94	32	“	"	PUNCT
fsr-3399	94	33	home	home	NOUN
fsr-3399	94	34	bias	bias	NOUN
fsr-3399	94	35	”	"	PUNCT
fsr-3399	94	36	of	of	ADP
fsr-3399	94	37	u.s	u.s	PROPN
fsr-3399	94	38	.	.	PROPN
fsr-3399	94	39	investors	investor	NOUN
fsr-3399	94	40	(	(	PUNCT
fsr-3399	94	41	coval	coval	NOUN
fsr-3399	94	42	and	and	CCONJ
fsr-3399	94	43	moskowitz	moskowitz	PROPN
fsr-3399	94	44	,	,	PUNCT
fsr-3399	94	45	1999	1999	NUM
fsr-3399	94	46	;	;	PUNCT
fsr-3399	94	47	li	li	PROPN
fsr-3399	94	48	and	and	CCONJ
fsr-3399	94	49	zhao	zhao	PROPN
fsr-3399	94	50	,	,	PUNCT
fsr-3399	94	51	2016	2016	NUM
fsr-3399	94	52	)	)	PUNCT
fsr-3399	94	53	.	.	PUNCT
fsr-3399	95	1	the	the	DET
fsr-3399	95	2	approach	approach	NOUN
fsr-3399	95	3	follows	follow	VERB
fsr-3399	95	4	in	in	ADP
fsr-3399	95	5	the	the	DET
fsr-3399	95	6	spirit	spirit	NOUN
fsr-3399	95	7	of	of	ADP
fsr-3399	95	8	sullivan	sullivan	PROPN
fsr-3399	95	9	et	et	PROPN
fsr-3399	95	10	al	al	PROPN
fsr-3399	95	11	.	.	PROPN
fsr-3399	96	1	(	(	PUNCT
fsr-3399	96	2	2001	2001	NUM
fsr-3399	96	3	)	)	PUNCT
fsr-3399	96	4	and	and	CCONJ
fsr-3399	96	5	irwin	irwin	PROPN
fsr-3399	96	6	and	and	CCONJ
fsr-3399	96	7	park	park	NOUN
fsr-3399	96	8	(	(	PUNCT
fsr-3399	96	9	2007	2007	NUM
fsr-3399	96	10	)	)	PUNCT
fsr-3399	96	11	by	by	ADP
fsr-3399	96	12	avoiding	avoid	VERB
fsr-3399	96	13	data	datum	NOUN
fsr-3399	96	14	mining	mining	NOUN
fsr-3399	96	15	and	and	CCONJ
fsr-3399	96	16	data	data	NOUN
fsr-3399	96	17	-	-	PUNCT
fsr-3399	96	18	snooping	snoop	VERB
fsr-3399	96	19	biases	bias	NOUN
fsr-3399	96	20	as	as	ADV
fsr-3399	96	21	much	much	ADV
fsr-3399	96	22	as	as	ADP
fsr-3399	96	23	possible	possible	ADJ
fsr-3399	96	24	.	.	PUNCT
fsr-3399	97	1	it	it	PRON
fsr-3399	97	2	also	also	ADV
fsr-3399	97	3	follows	follow	VERB
fsr-3399	97	4	the	the	DET
fsr-3399	97	5	recommendation	recommendation	NOUN
fsr-3399	97	6	of	of	ADP
fsr-3399	97	7	jones	jones	PROPN
fsr-3399	97	8	and	and	CCONJ
fsr-3399	97	9	lundstrgum	lundstrgum	NOUN
fsr-3399	97	10	(	(	PUNCT
fsr-3399	97	11	2009	2009	NUM
fsr-3399	97	12	)	)	PUNCT
fsr-3399	97	13	by	by	ADP
fsr-3399	97	14	beginning	begin	VERB
fsr-3399	97	15	the	the	DET
fsr-3399	97	16	analysis	analysis	NOUN
fsr-3399	97	17	at	at	ADP
fsr-3399	97	18	the	the	DET
fsr-3399	97	19	1986	1986	NUM
fsr-3399	97	20	publication	publication	NOUN
fsr-3399	97	21	date	date	NOUN
fsr-3399	97	22	and	and	CCONJ
fsr-3399	97	23	extending	extend	VERB
fsr-3399	97	24	it	it	PRON
fsr-3399	97	25	through	through	ADP
fsr-3399	97	26	october	october	PROPN
fsr-3399	97	27	2016	2016	NUM
fsr-3399	97	28	.	.	PUNCT
fsr-3399	98	1	in	in	ADP
fsr-3399	98	2	the	the	DET
fsr-3399	98	3	spirit	spirit	PROPN
fsr-3399	98	4	of	of	ADP
fsr-3399	98	5	jones	jones	PROPN
fsr-3399	98	6	and	and	CCONJ
fsr-3399	98	7	lundstrum	lundstrum	PROPN
fsr-3399	98	8	(	(	PUNCT
fsr-3399	98	9	2009	2009	NUM
fsr-3399	98	10	)	)	PUNCT
fsr-3399	98	11	,	,	PUNCT
fsr-3399	98	12	who	who	PRON
fsr-3399	98	13	take	take	VERB
fsr-3399	98	14	a	a	DET
fsr-3399	98	15	critical	critical	ADJ
fsr-3399	98	16	stand	stand	NOUN
fsr-3399	98	17	against	against	ADP
fsr-3399	98	18	indices	index	NOUN
fsr-3399	98	19	that	that	SCONJ
fsr-3399	98	20	individual	individual	ADJ
fsr-3399	98	21	investors	investor	NOUN
fsr-3399	98	22	can	can	AUX
fsr-3399	98	23	never	never	ADV
fsr-3399	98	24	realistically	realistically	ADV
fsr-3399	98	25	own	own	ADJ
fsr-3399	98	26	,	,	PUNCT
fsr-3399	98	27	such	such	ADJ
fsr-3399	98	28	as	as	ADP
fsr-3399	98	29	the	the	DET
fsr-3399	98	30	s&p	s&p	PROPN
fsr-3399	98	31	500	500	NUM
fsr-3399	98	32	or	or	CCONJ
fsr-3399	98	33	the	the	DET
fsr-3399	98	34	russell	russell	PROPN
fsr-3399	98	35	2000	2000	NUM
fsr-3399	98	36	,	,	PUNCT
fsr-3399	98	37	four	four	NUM
fsr-3399	98	38	mutual	mutual	ADJ
fsr-3399	98	39	funds	fund	NOUN
fsr-3399	98	40	are	be	AUX
fsr-3399	98	41	in	in	ADP
fsr-3399	98	42	focus	focus	NOUN
fsr-3399	98	43	.	.	PUNCT
fsr-3399	99	1	each	each	PRON
fsr-3399	99	2	has	have	VERB
fsr-3399	99	3	a	a	DET
fsr-3399	99	4	history	history	NOUN
fsr-3399	99	5	dating	date	VERB
fsr-3399	99	6	back	back	ADV
fsr-3399	99	7	to	to	ADP
fsr-3399	99	8	at	at	ADV
fsr-3399	99	9	least	least	ADJ
fsr-3399	99	10	1986	1986	NUM
fsr-3399	99	11	and	and	CCONJ
fsr-3399	99	12	would	would	AUX
fsr-3399	99	13	be	be	AUX
fsr-3399	99	14	available	available	ADJ
fsr-3399	99	15	to	to	ADP
fsr-3399	99	16	investors	investor	NOUN
fsr-3399	99	17	during	during	ADP
fsr-3399	99	18	the	the	DET
fsr-3399	99	19	study	study	NOUN
fsr-3399	99	20	period	period	NOUN
fsr-3399	99	21	.	.	PUNCT
fsr-3399	100	1	as	as	ADP
fsr-3399	100	2	a	a	DET
fsr-3399	100	3	move	move	NOUN
fsr-3399	100	4	toward	toward	ADP
fsr-3399	100	5	completeness	completeness	NOUN
fsr-3399	100	6	and	and	CCONJ
fsr-3399	100	7	representation	representation	NOUN
fsr-3399	100	8	across	across	ADP
fsr-3399	100	9	categories	category	NOUN
fsr-3399	100	10	,	,	PUNCT
fsr-3399	100	11	the	the	DET
fsr-3399	100	12	four	four	NUM
fsr-3399	100	13	mutual	mutual	ADJ
fsr-3399	100	14	funds	fund	NOUN
fsr-3399	100	15	encompass	encompass	VERB
fsr-3399	100	16	large	large	ADJ
fsr-3399	100	17	-	-	PUNCT
fsr-3399	100	18	cap	cap	NOUN
fsr-3399	100	19	stocks	stock	NOUN
fsr-3399	100	20	,	,	PUNCT
fsr-3399	100	21	small	small	ADJ
fsr-3399	100	22	-	-	PUNCT
fsr-3399	100	23	cap	cap	NOUN
fsr-3399	100	24	stocks	stock	NOUN
fsr-3399	100	25	,	,	PUNCT
fsr-3399	100	26	and	and	CCONJ
fsr-3399	100	27	mid	mid	ADJ
fsr-3399	100	28	-	-	ADJ
fsr-3399	100	29	cap	cap	ADJ
fsr-3399	100	30	stocks	stock	NOUN
fsr-3399	100	31	.	.	PUNCT
fsr-3399	101	1	they	they	PRON
fsr-3399	101	2	also	also	ADV
fsr-3399	101	3	include	include	VERB
fsr-3399	101	4	a	a	DET
fsr-3399	101	5	balanced	balanced	ADJ
fsr-3399	101	6	fund	fund	NOUN
fsr-3399	101	7	to	to	PART
fsr-3399	101	8	determine	determine	VERB
fsr-3399	101	9	if	if	SCONJ
fsr-3399	101	10	the	the	DET
fsr-3399	101	11	“	"	PUNCT
fsr-3399	101	12	sell	sell	NOUN
fsr-3399	101	13	-	-	PUNCT
fsr-3399	101	14	inmay	inmay	ADJ
fsr-3399	101	15	”	"	PUNCT
fsr-3399	101	16	effect	effect	NOUN
fsr-3399	101	17	holds	hold	VERB
fsr-3399	101	18	for	for	ADP
fsr-3399	101	19	investors	investor	NOUN
fsr-3399	101	20	who	who	PRON
fsr-3399	101	21	pursue	pursue	VERB
fsr-3399	101	22	a	a	DET
fsr-3399	101	23	blended	blend	VERB
fsr-3399	101	24	investment	investment	NOUN
fsr-3399	101	25	strategy	strategy	NOUN
fsr-3399	101	26	of	of	ADP
fsr-3399	101	27	stocks	stock	NOUN
fsr-3399	101	28	and	and	CCONJ
fsr-3399	101	29	bonds	bond	NOUN
fsr-3399	101	30	.	.	PUNCT
fsr-3399	102	1	the	the	DET
fsr-3399	102	2	four	four	NUM
fsr-3399	102	3	funds	fund	NOUN
fsr-3399	102	4	are	be	AUX
fsr-3399	102	5	as	as	SCONJ
fsr-3399	102	6	follows	follow	VERB
fsr-3399	102	7	:	:	PUNCT
fsr-3399	102	8	vanguard	vanguard	NOUN
fsr-3399	102	9	500	500	NUM
fsr-3399	102	10	index	index	NOUN
fsr-3399	102	11	fund	fund	NOUN
fsr-3399	102	12	(	(	PUNCT
fsr-3399	102	13	“	"	PUNCT
fsr-3399	102	14	large	large	ADJ
fsr-3399	102	15	-	-	PUNCT
fsr-3399	102	16	cap	cap	NOUN
fsr-3399	102	17	fund	fund	NOUN
fsr-3399	102	18	”	"	PUNCT
fsr-3399	102	19	)	)	PUNCT
fsr-3399	102	20	clearbridge	clearbridge	VERB
fsr-3399	102	21	small	small	ADJ
fsr-3399	102	22	-	-	PUNCT
fsr-3399	102	23	cap	cap	NOUN
fsr-3399	102	24	fund	fund	NOUN
fsr-3399	102	25	(	(	PUNCT
fsr-3399	102	26	“	"	PUNCT
fsr-3399	102	27	small	small	ADJ
fsr-3399	102	28	-	-	PUNCT
fsr-3399	102	29	cap	cap	NOUN
fsr-3399	102	30	fund	fund	NOUN
fsr-3399	102	31	”	"	PUNCT
fsr-3399	102	32	)	)	PUNCT
fsr-3399	103	1	dreyfus	dreyfus	PROPN
fsr-3399	103	2	mid	mid	PROPN
fsr-3399	103	3	-	-	PROPN
fsr-3399	103	4	cap	cap	ADJ
fsr-3399	103	5	fund	fund	NOUN
fsr-3399	103	6	(	(	PUNCT
fsr-3399	103	7	“	"	PUNCT
fsr-3399	103	8	mid	mid	ADJ
fsr-3399	103	9	-	-	ADJ
fsr-3399	103	10	cap	cap	ADJ
fsr-3399	103	11	fund	fund	NOUN
fsr-3399	103	12	”	"	PUNCT
fsr-3399	103	13	)	)	PUNCT
fsr-3399	103	14	vanguard	vanguard	PROPN
fsr-3399	103	15	wellesley	wellesley	PROPN
fsr-3399	103	16	income	income	PROPN
fsr-3399	103	17	fund	fund	PROPN
fsr-3399	103	18	(	(	PUNCT
fsr-3399	103	19	“	"	PUNCT
fsr-3399	103	20	balanced	balanced	ADJ
fsr-3399	103	21	fund	fund	NOUN
fsr-3399	103	22	”	"	PUNCT
fsr-3399	103	23	)	)	PUNCT
fsr-3399	103	24	307a	307a	PROPN
fsr-3399	103	25	.	.	PUNCT
fsr-3399	104	1	loviscek	loviscek	NOUN
fsr-3399	104	2	,	,	PUNCT
fsr-3399	104	3	a.	a.	NOUN
fsr-3399	104	4	broder	broder	PROPN
fsr-3399	104	5	/	/	SYM
fsr-3399	104	6	financial	financial	ADJ
fsr-3399	104	7	services	service	NOUN
fsr-3399	104	8	review	review	VERB
fsr-3399	104	9	27	27	NUM
fsr-3399	104	10	(	(	PUNCT
fsr-3399	104	11	2018	2018	NUM
fsr-3399	104	12	)	)	PUNCT
fsr-3399	104	13	303	303	NUM
fsr-3399	104	14	-	-	SYM
fsr-3399	104	15	322	322	NUM
fsr-3399	104	16	the	the	DET
fsr-3399	104	17	choice	choice	NOUN
fsr-3399	104	18	of	of	ADP
fsr-3399	104	19	funds	fund	NOUN
fsr-3399	104	20	,	,	PUNCT
fsr-3399	104	21	while	while	SCONJ
fsr-3399	104	22	realistic	realistic	ADJ
fsr-3399	104	23	and	and	CCONJ
fsr-3399	104	24	prudent	prudent	ADJ
fsr-3399	104	25	,	,	PUNCT
fsr-3399	104	26	is	be	AUX
fsr-3399	104	27	not	not	PART
fsr-3399	104	28	random	random	ADJ
fsr-3399	104	29	.	.	PUNCT
fsr-3399	105	1	it	it	PRON
fsr-3399	105	2	is	be	AUX
fsr-3399	105	3	influenced	influence	VERB
fsr-3399	105	4	by	by	ADP
fsr-3399	105	5	the	the	DET
fsr-3399	105	6	availability	availability	NOUN
fsr-3399	105	7	of	of	ADP
fsr-3399	105	8	data	datum	NOUN
fsr-3399	105	9	.	.	PUNCT
fsr-3399	106	1	because	because	SCONJ
fsr-3399	106	2	the	the	DET
fsr-3399	106	3	small	small	ADJ
fsr-3399	106	4	-	-	PUNCT
fsr-3399	106	5	firm	firm	ADJ
fsr-3399	106	6	effect	effect	NOUN
fsr-3399	106	7	was	be	AUX
fsr-3399	106	8	not	not	PART
fsr-3399	106	9	widely	widely	ADV
fsr-3399	106	10	acknowledged	acknowledge	VERB
fsr-3399	106	11	until	until	ADP
fsr-3399	106	12	the	the	DET
fsr-3399	106	13	1980s	1980s	NUM
fsr-3399	106	14	,	,	PUNCT
fsr-3399	106	15	there	there	PRON
fsr-3399	106	16	are	be	VERB
fsr-3399	106	17	few	few	ADJ
fsr-3399	106	18	small	small	ADJ
fsr-3399	106	19	-	-	PUNCT
fsr-3399	106	20	cap	cap	NOUN
fsr-3399	106	21	and	and	CCONJ
fsr-3399	106	22	mid	mid	ADJ
fsr-3399	106	23	-	-	ADJ
fsr-3399	106	24	cap	cap	ADJ
fsr-3399	106	25	funds	fund	NOUN
fsr-3399	106	26	that	that	PRON
fsr-3399	106	27	have	have	AUX
fsr-3399	106	28	existed	exist	VERB
fsr-3399	106	29	from	from	ADP
fsr-3399	106	30	1986	1986	NUM
fsr-3399	106	31	through	through	ADP
fsr-3399	106	32	2016	2016	NUM
fsr-3399	106	33	.	.	PUNCT
fsr-3399	107	1	that	that	PRON
fsr-3399	107	2	said	say	VERB
fsr-3399	107	3	,	,	PUNCT
fsr-3399	107	4	we	we	PRON
fsr-3399	107	5	can	can	AUX
fsr-3399	107	6	not	not	PART
fsr-3399	107	7	rule	rule	VERB
fsr-3399	107	8	out	out	ADP
fsr-3399	107	9	some	some	DET
fsr-3399	107	10	degree	degree	NOUN
fsr-3399	107	11	of	of	ADP
fsr-3399	107	12	survivorship	survivorship	NOUN
fsr-3399	107	13	bias	bias	NOUN
fsr-3399	107	14	,	,	PUNCT
fsr-3399	107	15	especially	especially	ADV
fsr-3399	107	16	regarding	regard	VERB
fsr-3399	107	17	the	the	DET
fsr-3399	107	18	small	small	ADJ
fsr-3399	107	19	-	-	PUNCT
fsr-3399	107	20	cap	cap	NOUN
fsr-3399	107	21	and	and	CCONJ
fsr-3399	107	22	mid	mid	ADJ
fsr-3399	107	23	-	-	ADJ
fsr-3399	107	24	cap	cap	ADJ
fsr-3399	107	25	funds	fund	NOUN
fsr-3399	107	26	,	,	PUNCT
fsr-3399	107	27	each	each	PRON
fsr-3399	107	28	of	of	ADP
fsr-3399	107	29	which	which	PRON
fsr-3399	107	30	is	be	AUX
fsr-3399	107	31	actively	actively	ADV
fsr-3399	107	32	managed	manage	VERB
fsr-3399	107	33	,	,	PUNCT
fsr-3399	107	34	as	as	SCONJ
fsr-3399	107	35	opposed	oppose	VERB
fsr-3399	107	36	to	to	ADP
fsr-3399	107	37	the	the	DET
fsr-3399	107	38	passively	passively	ADV
fsr-3399	107	39	-	-	PUNCT
fsr-3399	107	40	managed	manage	VERB
fsr-3399	107	41	large	large	ADJ
fsr-3399	107	42	-	-	PUNCT
fsr-3399	107	43	cap	cap	NOUN
fsr-3399	107	44	and	and	CCONJ
fsr-3399	107	45	balanced	balanced	ADJ
fsr-3399	107	46	funds	fund	NOUN
fsr-3399	107	47	.	.	PUNCT
fsr-3399	108	1	to	to	PART
fsr-3399	108	2	be	be	AUX
fsr-3399	108	3	as	as	ADV
fsr-3399	108	4	objective	objective	ADJ
fsr-3399	108	5	as	as	ADP
fsr-3399	108	6	possible	possible	ADJ
fsr-3399	108	7	,	,	PUNCT
fsr-3399	108	8	in	in	ADP
fsr-3399	108	9	the	the	DET
fsr-3399	108	10	spirit	spirit	NOUN
fsr-3399	108	11	of	of	ADP
fsr-3399	108	12	harvey	harvey	PROPN
fsr-3399	108	13	,	,	PUNCT
fsr-3399	108	14	liu	liu	PROPN
fsr-3399	108	15	,	,	PUNCT
fsr-3399	108	16	and	and	CCONJ
fsr-3399	108	17	hequing	heque	VERB
fsr-3399	108	18	(	(	PUNCT
fsr-3399	108	19	2016	2016	NUM
fsr-3399	108	20	)	)	PUNCT
fsr-3399	108	21	,	,	PUNCT
fsr-3399	108	22	with	with	ADP
fsr-3399	108	23	the	the	DET
fsr-3399	108	24	individual	individual	ADJ
fsr-3399	108	25	investor	investor	NOUN
fsr-3399	108	26	in	in	ADP
fsr-3399	108	27	mind	mind	NOUN
fsr-3399	108	28	,	,	PUNCT
fsr-3399	108	29	the	the	DET
fsr-3399	108	30	choice	choice	NOUN
fsr-3399	108	31	of	of	ADP
fsr-3399	108	32	the	the	DET
fsr-3399	108	33	small	small	ADJ
fsr-3399	108	34	-	-	PUNCT
fsr-3399	108	35	cap	cap	NOUN
fsr-3399	108	36	and	and	CCONJ
fsr-3399	108	37	mid	mid	ADJ
fsr-3399	108	38	-	-	ADJ
fsr-3399	108	39	cap	cap	ADJ
fsr-3399	108	40	funds	fund	NOUN
fsr-3399	108	41	is	be	AUX
fsr-3399	108	42	random	random	ADJ
fsr-3399	108	43	from	from	ADP
fsr-3399	108	44	the	the	DET
fsr-3399	108	45	website	website	NOUN
fsr-3399	108	46	of	of	ADP
fsr-3399	108	47	fidelity	fidelity	PROPN
fsr-3399	108	48	investments	investment	NOUN
fsr-3399	108	49	(	(	PUNCT
fsr-3399	108	50	2016	2016	NUM
fsr-3399	108	51	)	)	PUNCT
fsr-3399	108	52	.	.	PUNCT
fsr-3399	109	1	with	with	ADP
fsr-3399	109	2	the	the	DET
fsr-3399	109	3	exception	exception	NOUN
fsr-3399	109	4	of	of	ADP
fsr-3399	109	5	the	the	DET
fsr-3399	109	6	large	large	ADJ
fsr-3399	109	7	-	-	PUNCT
fsr-3399	109	8	cap	cap	NOUN
fsr-3399	109	9	fund	fund	NOUN
fsr-3399	109	10	,	,	PUNCT
fsr-3399	109	11	the	the	DET
fsr-3399	109	12	choice	choice	NOUN
fsr-3399	109	13	of	of	ADP
fsr-3399	109	14	the	the	DET
fsr-3399	109	15	other	other	ADJ
fsr-3399	109	16	funds	fund	NOUN
fsr-3399	109	17	largely	largely	ADV
fsr-3399	109	18	confines	confine	VERB
fsr-3399	109	19	generalizations	generalization	NOUN
fsr-3399	109	20	to	to	ADP
fsr-3399	109	21	them	they	PRON
fsr-3399	109	22	.	.	PUNCT
fsr-3399	110	1	whether	whether	SCONJ
fsr-3399	110	2	the	the	DET
fsr-3399	110	3	results	result	NOUN
fsr-3399	110	4	hold	hold	VERB
fsr-3399	110	5	for	for	ADP
fsr-3399	110	6	similar	similar	ADJ
fsr-3399	110	7	-	-	PUNCT
fsr-3399	110	8	styled	style	VERB
fsr-3399	110	9	mutual	mutual	ADJ
fsr-3399	110	10	funds	fund	NOUN
fsr-3399	110	11	that	that	PRON
fsr-3399	110	12	began	begin	VERB
fsr-3399	110	13	at	at	ADP
fsr-3399	110	14	later	later	ADV
fsr-3399	110	15	dates	date	NOUN
fsr-3399	110	16	and	and	CCONJ
fsr-3399	110	17	still	still	ADV
fsr-3399	110	18	exist	exist	VERB
fsr-3399	110	19	today	today	NOUN
fsr-3399	110	20	is	be	AUX
fsr-3399	110	21	an	an	DET
fsr-3399	110	22	empirical	empirical	ADJ
fsr-3399	110	23	issue	issue	NOUN
fsr-3399	110	24	left	leave	VERB
fsr-3399	110	25	to	to	ADP
fsr-3399	110	26	future	future	ADJ
fsr-3399	110	27	research	research	NOUN
fsr-3399	110	28	.	.	PUNCT
fsr-3399	111	1	from	from	ADP
fsr-3399	111	2	the	the	DET
fsr-3399	111	3	perspective	perspective	NOUN
fsr-3399	111	4	of	of	ADP
fsr-3399	111	5	individual	individual	ADJ
fsr-3399	111	6	investors	investor	NOUN
fsr-3399	111	7	,	,	PUNCT
fsr-3399	111	8	the	the	DET
fsr-3399	111	9	data	datum	NOUN
fsr-3399	111	10	are	be	AUX
fsr-3399	111	11	“	"	PUNCT
fsr-3399	111	12	friendly	friendly	ADJ
fsr-3399	111	13	.	.	PUNCT
fsr-3399	111	14	”	"	PUNCT
fsr-3399	112	1	they	they	PRON
fsr-3399	112	2	come	come	VERB
fsr-3399	112	3	from	from	ADP
fsr-3399	112	4	the	the	DET
fsr-3399	112	5	finance	finance	NOUN
fsr-3399	112	6	section	section	NOUN
fsr-3399	112	7	of	of	ADP
fsr-3399	112	8	yahoo	yahoo	PROPN
fsr-3399	112	9	,	,	PUNCT
fsr-3399	112	10	where	where	SCONJ
fsr-3399	112	11	historical	historical	ADJ
fsr-3399	112	12	price	price	NOUN
fsr-3399	112	13	data	datum	NOUN
fsr-3399	112	14	,	,	PUNCT
fsr-3399	112	15	incorporating	incorporate	VERB
fsr-3399	112	16	stock	stock	NOUN
fsr-3399	112	17	splits	split	NOUN
fsr-3399	112	18	and	and	CCONJ
fsr-3399	112	19	dividends	dividend	NOUN
fsr-3399	112	20	,	,	PUNCT
fsr-3399	112	21	are	be	AUX
fsr-3399	112	22	readily	readily	ADV
fsr-3399	112	23	found	find	VERB
fsr-3399	112	24	and	and	CCONJ
fsr-3399	112	25	are	be	AUX
fsr-3399	112	26	easily	easily	ADV
fsr-3399	112	27	downloaded	download	VERB
fsr-3399	112	28	to	to	PART
fsr-3399	112	29	compute	compute	VERB
fsr-3399	112	30	the	the	DET
fsr-3399	112	31	respective	respective	ADJ
fsr-3399	112	32	rates	rate	NOUN
fsr-3399	112	33	of	of	ADP
fsr-3399	112	34	return	return	NOUN
fsr-3399	112	35	for	for	ADP
fsr-3399	112	36	each	each	DET
fsr-3399	112	37	fund	fund	NOUN
fsr-3399	112	38	.	.	PUNCT
fsr-3399	113	1	rates	rate	NOUN
fsr-3399	113	2	of	of	ADP
fsr-3399	113	3	return	return	NOUN
fsr-3399	113	4	are	be	AUX
fsr-3399	113	5	compounded	compound	VERB
fsr-3399	113	6	daily	daily	ADV
fsr-3399	113	7	for	for	ADP
fsr-3399	113	8	each	each	PRON
fsr-3399	113	9	of	of	ADP
fsr-3399	113	10	them	they	PRON
fsr-3399	113	11	.	.	PUNCT
fsr-3399	114	1	aligned	align	VERB
fsr-3399	114	2	with	with	ADP
fsr-3399	114	3	the	the	DET
fsr-3399	114	4	view	view	NOUN
fsr-3399	114	5	of	of	ADP
fsr-3399	114	6	jones	jones	PROPN
fsr-3399	114	7	and	and	CCONJ
fsr-3399	114	8	lundstrum	lundstrum	PROPN
fsr-3399	114	9	(	(	PUNCT
fsr-3399	114	10	2009	2009	NUM
fsr-3399	114	11	)	)	PUNCT
fsr-3399	114	12	,	,	PUNCT
fsr-3399	114	13	the	the	DET
fsr-3399	114	14	data	datum	NOUN
fsr-3399	114	15	from	from	ADP
fsr-3399	114	16	academic	academic	ADJ
fsr-3399	114	17	sources	source	NOUN
fsr-3399	114	18	,	,	PUNCT
fsr-3399	114	19	such	such	ADJ
fsr-3399	114	20	as	as	ADP
fsr-3399	114	21	from	from	ADP
fsr-3399	114	22	crsp	crsp	NOUN
fsr-3399	114	23	or	or	CCONJ
fsr-3399	114	24	compustat	compustat	NOUN
fsr-3399	114	25	,	,	PUNCT
fsr-3399	114	26	are	be	AUX
fsr-3399	114	27	not	not	PART
fsr-3399	114	28	used	use	VERB
fsr-3399	114	29	,	,	PUNCT
fsr-3399	114	30	because	because	SCONJ
fsr-3399	114	31	the	the	DET
fsr-3399	114	32	average	average	ADJ
fsr-3399	114	33	active	active	ADJ
fsr-3399	114	34	investor	investor	NOUN
fsr-3399	114	35	does	do	AUX
fsr-3399	114	36	not	not	PART
fsr-3399	114	37	have	have	VERB
fsr-3399	114	38	access	access	NOUN
fsr-3399	114	39	to	to	ADP
fsr-3399	114	40	them	they	PRON
fsr-3399	114	41	.	.	PUNCT
fsr-3399	115	1	in	in	ADP
fsr-3399	115	2	step	step	NOUN
fsr-3399	115	3	with	with	ADP
fsr-3399	115	4	the	the	DET
fsr-3399	115	5	literature	literature	NOUN
fsr-3399	115	6	,	,	PUNCT
fsr-3399	115	7	three	three	NUM
fsr-3399	115	8	-	-	PUNCT
fsr-3399	115	9	month	month	NOUN
fsr-3399	115	10	u.s	u.s	PROPN
fsr-3399	115	11	.	.	PROPN
fsr-3399	115	12	treasury	treasury	PROPN
fsr-3399	115	13	bill	bill	PROPN
fsr-3399	115	14	returns	return	NOUN
fsr-3399	115	15	apply	apply	VERB
fsr-3399	115	16	for	for	ADP
fsr-3399	115	17	the	the	DET
fsr-3399	115	18	period	period	NOUN
fsr-3399	115	19	may	may	AUX
fsr-3399	115	20	through	through	ADP
fsr-3399	115	21	october	october	PROPN
fsr-3399	115	22	.	.	PUNCT
fsr-3399	116	1	they	they	PRON
fsr-3399	116	2	come	come	VERB
fsr-3399	116	3	from	from	ADP
fsr-3399	116	4	the	the	DET
fsr-3399	116	5	historical	historical	ADJ
fsr-3399	116	6	series	series	NOUN
fsr-3399	116	7	of	of	ADP
fsr-3399	116	8	the	the	DET
fsr-3399	116	9	federal	federal	PROPN
fsr-3399	116	10	reserve	reserve	PROPN
fsr-3399	116	11	bank	bank	PROPN
fsr-3399	116	12	of	of	ADP
fsr-3399	116	13	chicago	chicago	PROPN
fsr-3399	116	14	.	.	PUNCT
fsr-3399	117	1	three	three	NUM
fsr-3399	117	2	points	point	NOUN
fsr-3399	117	3	guide	guide	VERB
fsr-3399	117	4	the	the	DET
fsr-3399	117	5	three	three	NUM
fsr-3399	117	6	perspectives	perspective	NOUN
fsr-3399	117	7	.	.	PUNCT
fsr-3399	118	1	first	first	ADV
fsr-3399	118	2	,	,	PUNCT
fsr-3399	118	3	while	while	SCONJ
fsr-3399	118	4	brokerage	brokerage	NOUN
fsr-3399	118	5	fees	fee	NOUN
fsr-3399	118	6	can	can	AUX
fsr-3399	118	7	vary	vary	VERB
fsr-3399	118	8	widely	widely	ADV
fsr-3399	118	9	across	across	ADP
fsr-3399	118	10	financial	financial	ADJ
fsr-3399	118	11	advisory	advisory	ADJ
fsr-3399	118	12	firms	firm	NOUN
fsr-3399	118	13	,	,	PUNCT
fsr-3399	118	14	the	the	DET
fsr-3399	118	15	variety	variety	NOUN
fsr-3399	118	16	of	of	ADP
fsr-3399	118	17	low	low	ADJ
fsr-3399	118	18	-	-	PUNCT
fsr-3399	118	19	cost	cost	NOUN
fsr-3399	118	20	,	,	PUNCT
fsr-3399	118	21	discount	discount	NOUN
fsr-3399	118	22	brokerage	brokerage	NOUN
fsr-3399	118	23	fee	fee	NOUN
fsr-3399	118	24	services	service	NOUN
fsr-3399	118	25	readily	readily	ADV
fsr-3399	118	26	available	available	ADJ
fsr-3399	118	27	leads	lead	VERB
fsr-3399	118	28	us	we	PRON
fsr-3399	118	29	to	to	PART
fsr-3399	118	30	assume	assume	VERB
fsr-3399	118	31	that	that	SCONJ
fsr-3399	118	32	brokerage	brokerage	NOUN
fsr-3399	118	33	fees	fee	NOUN
fsr-3399	118	34	have	have	VERB
fsr-3399	118	35	a	a	DET
fsr-3399	118	36	minimal	minimal	ADJ
fsr-3399	118	37	impact	impact	NOUN
fsr-3399	118	38	on	on	ADP
fsr-3399	118	39	fund	fund	NOUN
fsr-3399	118	40	performance	performance	NOUN
fsr-3399	118	41	.	.	PUNCT
fsr-3399	119	1	second	second	ADJ
fsr-3399	119	2	,	,	PUNCT
fsr-3399	119	3	the	the	DET
fsr-3399	119	4	results	result	NOUN
fsr-3399	119	5	from	from	ADP
fsr-3399	119	6	the	the	DET
fsr-3399	119	7	switching	switch	VERB
fsr-3399	119	8	strategy	strategy	NOUN
fsr-3399	119	9	,	,	PUNCT
fsr-3399	119	10	both	both	CCONJ
fsr-3399	119	11	in	in	ADP
fsr-3399	119	12	terms	term	NOUN
fsr-3399	119	13	of	of	ADP
fsr-3399	119	14	returns	return	NOUN
fsr-3399	119	15	and	and	CCONJ
fsr-3399	119	16	risk	risk	NOUN
fsr-3399	119	17	-	-	PUNCT
fsr-3399	119	18	adjusted	adjust	VERB
fsr-3399	119	19	returns	return	NOUN
fsr-3399	119	20	,	,	PUNCT
fsr-3399	119	21	are	be	AUX
fsr-3399	119	22	compared	compare	VERB
fsr-3399	119	23	with	with	ADP
fsr-3399	119	24	those	those	PRON
fsr-3399	119	25	of	of	ADP
fsr-3399	119	26	the	the	DET
fsr-3399	119	27	traditional	traditional	ADJ
fsr-3399	119	28	buy	buy	NOUN
fsr-3399	119	29	-	-	PUNCT
fsr-3399	119	30	and	and	CCONJ
fsr-3399	119	31	-	-	PUNCT
fsr-3399	119	32	hold	hold	VERB
fsr-3399	119	33	approach	approach	NOUN
fsr-3399	119	34	.	.	PUNCT
fsr-3399	120	1	third	third	ADJ
fsr-3399	120	2	,	,	PUNCT
fsr-3399	120	3	as	as	SCONJ
fsr-3399	120	4	described	describe	VERB
fsr-3399	120	5	in	in	ADP
fsr-3399	120	6	more	more	ADJ
fsr-3399	120	7	detail	detail	NOUN
fsr-3399	120	8	in	in	ADP
fsr-3399	120	9	the	the	DET
fsr-3399	120	10	next	next	ADJ
fsr-3399	120	11	section	section	NOUN
fsr-3399	120	12	,	,	PUNCT
fsr-3399	120	13	the	the	DET
fsr-3399	120	14	wilcoxson	wilcoxson	NOUN
fsr-3399	120	15	signed	sign	VERB
fsr-3399	120	16	-	-	PUNCT
fsr-3399	120	17	rank	rank	NOUN
fsr-3399	120	18	test	test	NOUN
fsr-3399	120	19	,	,	PUNCT
fsr-3399	120	20	which	which	PRON
fsr-3399	120	21	is	be	AUX
fsr-3399	120	22	designed	design	VERB
fsr-3399	120	23	for	for	ADP
fsr-3399	120	24	comparative	comparative	ADJ
fsr-3399	120	25	results	result	NOUN
fsr-3399	120	26	of	of	ADP
fsr-3399	120	27	the	the	DET
fsr-3399	120	28	kind	kind	NOUN
fsr-3399	120	29	in	in	ADP
fsr-3399	120	30	this	this	DET
fsr-3399	120	31	study	study	NOUN
fsr-3399	120	32	,	,	PUNCT
fsr-3399	120	33	is	be	AUX
fsr-3399	120	34	used	use	VERB
fsr-3399	120	35	to	to	PART
fsr-3399	120	36	test	test	VERB
fsr-3399	120	37	the	the	DET
fsr-3399	120	38	effectiveness	effectiveness	NOUN
fsr-3399	120	39	of	of	ADP
fsr-3399	120	40	the	the	DET
fsr-3399	120	41	switching	switch	VERB
fsr-3399	120	42	strategy	strategy	NOUN
fsr-3399	120	43	.	.	PUNCT
fsr-3399	121	1	these	these	DET
fsr-3399	121	2	points	point	NOUN
fsr-3399	121	3	,	,	PUNCT
fsr-3399	121	4	along	along	ADP
fsr-3399	121	5	with	with	ADP
fsr-3399	121	6	the	the	DET
fsr-3399	121	7	two	two	NUM
fsr-3399	121	8	contrasting	contrast	VERB
fsr-3399	121	9	strands	strand	NOUN
fsr-3399	121	10	of	of	ADP
fsr-3399	121	11	literature	literature	NOUN
fsr-3399	121	12	,	,	PUNCT
fsr-3399	121	13	motivate	motivate	VERB
fsr-3399	121	14	the	the	DET
fsr-3399	121	15	following	follow	VERB
fsr-3399	121	16	hypothesis	hypothesis	NOUN
fsr-3399	121	17	to	to	PART
fsr-3399	121	18	be	be	AUX
fsr-3399	121	19	tested	test	VERB
fsr-3399	121	20	:	:	PUNCT
fsr-3399	121	21	the	the	DET
fsr-3399	121	22	switching	switch	VERB
fsr-3399	121	23	strategy	strategy	NOUN
fsr-3399	121	24	,	,	PUNCT
fsr-3399	121	25	as	as	SCONJ
fsr-3399	121	26	drawn	draw	VERB
fsr-3399	121	27	from	from	ADP
fsr-3399	121	28	the	the	DET
fsr-3399	121	29	stock	stock	NOUN
fsr-3399	121	30	trader	trader	NOUN
fsr-3399	121	31	’s	’s	PART
fsr-3399	121	32	almanac	almanac	NOUN
fsr-3399	121	33	,	,	PUNCT
fsr-3399	121	34	does	do	AUX
fsr-3399	121	35	not	not	PART
fsr-3399	121	36	outperform	outperform	VERB
fsr-3399	121	37	the	the	DET
fsr-3399	121	38	buy	buy	VERB
fsr-3399	121	39	-	-	PUNCT
fsr-3399	121	40	and	and	CCONJ
fsr-3399	121	41	-	-	PUNCT
fsr-3399	121	42	hold	hold	VERB
fsr-3399	121	43	strategy	strategy	NOUN
fsr-3399	121	44	annually	annually	ADV
fsr-3399	121	45	across	across	ADP
fsr-3399	121	46	the	the	DET
fsr-3399	121	47	four	four	NUM
fsr-3399	121	48	mutual	mutual	ADJ
fsr-3399	121	49	funds	fund	NOUN
fsr-3399	121	50	.	.	PUNCT
fsr-3399	122	1	the	the	DET
fsr-3399	122	2	next	next	ADJ
fsr-3399	122	3	section	section	NOUN
fsr-3399	122	4	presents	present	VERB
fsr-3399	122	5	the	the	DET
fsr-3399	122	6	results	result	NOUN
fsr-3399	122	7	with	with	ADP
fsr-3399	122	8	three	three	NUM
fsr-3399	122	9	subsections	subsection	NOUN
fsr-3399	122	10	,	,	PUNCT
fsr-3399	122	11	one	one	NUM
fsr-3399	122	12	for	for	ADP
fsr-3399	122	13	the	the	DET
fsr-3399	122	14	switching	switch	VERB
fsr-3399	122	15	strategy	strategy	NOUN
fsr-3399	122	16	,	,	PUNCT
fsr-3399	122	17	one	one	NUM
fsr-3399	122	18	for	for	ADP
fsr-3399	122	19	the	the	DET
fsr-3399	122	20	bear	bear	NOUN
fsr-3399	122	21	-	-	PUNCT
fsr-3399	122	22	bull	bull	NOUN
fsr-3399	122	23	analysis	analysis	NOUN
fsr-3399	122	24	,	,	PUNCT
fsr-3399	122	25	and	and	CCONJ
fsr-3399	122	26	one	one	NUM
fsr-3399	122	27	for	for	ADP
fsr-3399	122	28	the	the	DET
fsr-3399	122	29	tax	tax	NOUN
fsr-3399	122	30	considerations	consideration	NOUN
fsr-3399	122	31	.	.	PUNCT
fsr-3399	123	1	additional	additional	ADJ
fsr-3399	123	2	subsections	subsection	NOUN
fsr-3399	123	3	under	under	ADP
fsr-3399	123	4	the	the	DET
fsr-3399	123	5	switching	switch	VERB
fsr-3399	123	6	strategy	strategy	NOUN
fsr-3399	123	7	cover	cover	VERB
fsr-3399	123	8	annual	annual	ADJ
fsr-3399	123	9	returns	return	NOUN
fsr-3399	123	10	and	and	CCONJ
fsr-3399	123	11	annual	annual	ADJ
fsr-3399	123	12	risk	risk	NOUN
fsr-3399	123	13	-	-	PUNCT
fsr-3399	123	14	adjusted	adjust	VERB
fsr-3399	123	15	returns	return	NOUN
fsr-3399	123	16	based	base	VERB
fsr-3399	123	17	on	on	ADP
fsr-3399	123	18	the	the	DET
fsr-3399	123	19	sharpe	sharpe	PROPN
fsr-3399	123	20	portfolio	portfolio	PROPN
fsr-3399	123	21	performance	performance	NOUN
fsr-3399	123	22	ratio	ratio	NOUN
fsr-3399	123	23	.	.	PUNCT
fsr-3399	124	1	the	the	DET
fsr-3399	124	2	last	last	ADJ
fsr-3399	124	3	section	section	NOUN
fsr-3399	124	4	concludes	conclude	VERB
fsr-3399	124	5	the	the	DET
fsr-3399	124	6	study	study	NOUN
fsr-3399	124	7	.	.	PUNCT
fsr-3399	125	1	4	4	X
fsr-3399	125	2	.	.	X
fsr-3399	125	3	results	result	NOUN
fsr-3399	125	4	to	to	PART
fsr-3399	125	5	further	far	ADV
fsr-3399	125	6	motivate	motivate	VERB
fsr-3399	125	7	the	the	DET
fsr-3399	125	8	analysis	analysis	NOUN
fsr-3399	125	9	,	,	PUNCT
fsr-3399	125	10	the	the	DET
fsr-3399	125	11	examination	examination	NOUN
fsr-3399	125	12	first	first	ADJ
fsr-3399	125	13	centers	center	NOUN
fsr-3399	125	14	on	on	ADP
fsr-3399	125	15	the	the	DET
fsr-3399	125	16	performance	performance	NOUN
fsr-3399	125	17	of	of	ADP
fsr-3399	125	18	the	the	DET
fsr-3399	125	19	switching	switch	VERB
fsr-3399	125	20	strategy	strategy	NOUN
fsr-3399	125	21	relative	relative	ADJ
fsr-3399	125	22	to	to	ADP
fsr-3399	125	23	that	that	PRON
fsr-3399	125	24	of	of	ADP
fsr-3399	125	25	the	the	DET
fsr-3399	125	26	wilshire	wilshire	PROPN
fsr-3399	125	27	5000	5000	NUM
fsr-3399	125	28	,	,	PUNCT
fsr-3399	125	29	the	the	DET
fsr-3399	125	30	broadest	broad	ADJ
fsr-3399	125	31	of	of	ADP
fsr-3399	125	32	all	all	DET
fsr-3399	125	33	domestic	domestic	ADJ
fsr-3399	125	34	market	market	NOUN
fsr-3399	125	35	indices	index	NOUN
fsr-3399	125	36	.	.	PUNCT
fsr-3399	126	1	the	the	DET
fsr-3399	126	2	results	result	NOUN
fsr-3399	126	3	are	be	AUX
fsr-3399	126	4	presented	present	VERB
fsr-3399	126	5	in	in	ADP
fsr-3399	126	6	table	table	NOUN
fsr-3399	126	7	1	1	NUM
fsr-3399	126	8	,	,	PUNCT
fsr-3399	126	9	which	which	PRON
fsr-3399	126	10	includes	include	VERB
fsr-3399	126	11	means	mean	NOUN
fsr-3399	126	12	,	,	PUNCT
fsr-3399	126	13	medians	median	NOUN
fsr-3399	126	14	,	,	PUNCT
fsr-3399	126	15	maximums	maximum	NOUN
fsr-3399	126	16	,	,	PUNCT
fsr-3399	126	17	minimums	minimum	NOUN
fsr-3399	126	18	,	,	PUNCT
fsr-3399	126	19	and	and	CCONJ
fsr-3399	126	20	volatilities	volatility	NOUN
fsr-3399	126	21	,	,	PUNCT
fsr-3399	126	22	as	as	SCONJ
fsr-3399	126	23	measured	measure	VERB
fsr-3399	126	24	by	by	ADP
fsr-3399	126	25	annual	annual	ADJ
fsr-3399	126	26	standard	standard	ADJ
fsr-3399	126	27	deviations	deviation	NOUN
fsr-3399	126	28	.	.	PUNCT
fsr-3399	127	1	from	from	ADP
fsr-3399	127	2	a	a	DET
fsr-3399	127	3	return	return	NOUN
fsr-3399	127	4	perspective	perspective	NOUN
fsr-3399	127	5	,	,	PUNCT
fsr-3399	127	6	the	the	DET
fsr-3399	127	7	switching	switch	VERB
fsr-3399	127	8	strategy	strategy	NOUN
fsr-3399	127	9	outperforms	outperform	VERB
fsr-3399	127	10	the	the	DET
fsr-3399	127	11	buy	buy	VERB
fsr-3399	127	12	-	-	PUNCT
fsr-3399	127	13	and	and	CCONJ
fsr-3399	127	14	-	-	PUNCT
fsr-3399	127	15	hold	hold	VERB
fsr-3399	127	16	strategy	strategy	NOUN
fsr-3399	127	17	on	on	ADP
fsr-3399	127	18	nine	nine	NUM
fsr-3399	127	19	occasions	occasion	NOUN
fsr-3399	127	20	,	,	PUNCT
fsr-3399	127	21	or	or	CCONJ
fsr-3399	127	22	in	in	ADP
fsr-3399	127	23	30	30	NUM
fsr-3399	127	24	%	%	NOUN
fsr-3399	127	25	of	of	ADP
fsr-3399	127	26	the	the	DET
fsr-3399	127	27	years	year	NOUN
fsr-3399	127	28	.	.	PUNCT
fsr-3399	128	1	the	the	DET
fsr-3399	128	2	buy	buy	VERB
fsr-3399	128	3	-	-	PUNCT
fsr-3399	128	4	and	and	CCONJ
fsr-3399	128	5	-	-	PUNCT
fsr-3399	128	6	hold	hold	VERB
fsr-3399	128	7	approach	approach	NOUN
fsr-3399	128	8	registers	register	NOUN
fsr-3399	128	9	a	a	DET
fsr-3399	128	10	higher	high	ADJ
fsr-3399	128	11	308	308	NUM
fsr-3399	128	12	a.	a.	NOUN
fsr-3399	128	13	loviscek	loviscek	NOUN
fsr-3399	128	14	,	,	PUNCT
fsr-3399	128	15	a.	a.	NOUN
fsr-3399	128	16	broder	broder	PROPN
fsr-3399	128	17	/	/	SYM
fsr-3399	128	18	financial	financial	ADJ
fsr-3399	128	19	services	service	NOUN
fsr-3399	128	20	review	review	VERB
fsr-3399	128	21	27	27	NUM
fsr-3399	128	22	(	(	PUNCT
fsr-3399	128	23	2018	2018	NUM
fsr-3399	128	24	)	)	PUNCT
fsr-3399	128	25	303	303	NUM
fsr-3399	128	26	-	-	SYM
fsr-3399	128	27	322	322	NUM
fsr-3399	128	28	mean	mean	ADJ
fsr-3399	128	29	return	return	NOUN
fsr-3399	128	30	,	,	PUNCT
fsr-3399	128	31	at	at	ADP
fsr-3399	128	32	12.33	12.33	NUM
fsr-3399	128	33	%	%	NOUN
fsr-3399	128	34	,	,	PUNCT
fsr-3399	128	35	than	than	ADP
fsr-3399	128	36	the	the	DET
fsr-3399	128	37	10.63	10.63	NUM
fsr-3399	128	38	%	%	NOUN
fsr-3399	128	39	for	for	ADP
fsr-3399	128	40	the	the	DET
fsr-3399	128	41	switching	switch	VERB
fsr-3399	128	42	strategy	strategy	NOUN
fsr-3399	128	43	,	,	PUNCT
fsr-3399	128	44	a	a	DET
fsr-3399	128	45	16	16	NUM
fsr-3399	128	46	%	%	NOUN
fsr-3399	128	47	difference	difference	NOUN
fsr-3399	128	48	.	.	PUNCT
fsr-3399	129	1	the	the	DET
fsr-3399	129	2	volatility	volatility	NOUN
fsr-3399	129	3	of	of	ADP
fsr-3399	129	4	the	the	DET
fsr-3399	129	5	buy	buy	VERB
fsr-3399	129	6	-	-	PUNCT
fsr-3399	129	7	and	and	CCONJ
fsr-3399	129	8	-	-	PUNCT
fsr-3399	129	9	hold	hold	NOUN
fsr-3399	129	10	approach	approach	NOUN
fsr-3399	129	11	,	,	PUNCT
fsr-3399	129	12	however	however	ADV
fsr-3399	129	13	,	,	PUNCT
fsr-3399	129	14	is	be	AUX
fsr-3399	129	15	16.07	16.07	NUM
fsr-3399	129	16	%	%	NOUN
fsr-3399	129	17	,	,	PUNCT
fsr-3399	129	18	or	or	CCONJ
fsr-3399	129	19	63	63	NUM
fsr-3399	129	20	%	%	NOUN
fsr-3399	129	21	higher	high	ADJ
fsr-3399	129	22	than	than	ADP
fsr-3399	129	23	that	that	PRON
fsr-3399	129	24	of	of	ADP
fsr-3399	129	25	the	the	DET
fsr-3399	129	26	switching	switch	VERB
fsr-3399	129	27	strategy	strategy	NOUN
fsr-3399	129	28	at	at	ADP
fsr-3399	129	29	9.86	9.86	NUM
fsr-3399	129	30	%	%	NOUN
fsr-3399	129	31	.	.	PUNCT
fsr-3399	130	1	these	these	DET
fsr-3399	130	2	results	result	NOUN
fsr-3399	130	3	indicate	indicate	VERB
fsr-3399	130	4	that	that	SCONJ
fsr-3399	130	5	the	the	DET
fsr-3399	130	6	additional	additional	ADJ
fsr-3399	130	7	return	return	NOUN
fsr-3399	130	8	earned	earn	VERB
fsr-3399	130	9	from	from	ADP
fsr-3399	130	10	holding	hold	VERB
fsr-3399	130	11	an	an	DET
fsr-3399	130	12	index	index	NOUN
fsr-3399	130	13	fund	fund	NOUN
fsr-3399	130	14	that	that	PRON
fsr-3399	130	15	tracks	track	VERB
fsr-3399	130	16	the	the	DET
fsr-3399	130	17	wilshire	wilshire	PROPN
fsr-3399	130	18	5000	5000	NUM
fsr-3399	130	19	does	do	AUX
fsr-3399	130	20	not	not	PART
fsr-3399	130	21	fully	fully	ADV
fsr-3399	130	22	compensate	compensate	VERB
fsr-3399	130	23	for	for	ADP
fsr-3399	130	24	the	the	DET
fsr-3399	130	25	additional	additional	ADJ
fsr-3399	130	26	risk	risk	NOUN
fsr-3399	130	27	incurred	incur	VERB
fsr-3399	130	28	compared	compare	VERB
fsr-3399	130	29	with	with	ADP
fsr-3399	130	30	that	that	PRON
fsr-3399	130	31	of	of	ADP
fsr-3399	130	32	the	the	DET
fsr-3399	130	33	switching	switch	VERB
fsr-3399	130	34	strategy	strategy	NOUN
fsr-3399	130	35	.	.	PUNCT
fsr-3399	131	1	this	this	DET
fsr-3399	131	2	difference	difference	NOUN
fsr-3399	131	3	is	be	AUX
fsr-3399	131	4	an	an	DET
fsr-3399	131	5	incentive	incentive	NOUN
fsr-3399	131	6	for	for	SCONJ
fsr-3399	131	7	individual	individual	ADJ
fsr-3399	131	8	investors	investor	NOUN
fsr-3399	131	9	to	to	PART
fsr-3399	131	10	search	search	VERB
fsr-3399	131	11	for	for	ADP
fsr-3399	131	12	an	an	DET
fsr-3399	131	13	alternative	alternative	NOUN
fsr-3399	131	14	to	to	ADP
fsr-3399	131	15	the	the	DET
fsr-3399	131	16	buy	buy	VERB
fsr-3399	131	17	-	-	PUNCT
fsr-3399	131	18	and	and	CCONJ
fsr-3399	131	19	-	-	PUNCT
fsr-3399	131	20	hold	hold	VERB
fsr-3399	131	21	strategy	strategy	NOUN
fsr-3399	131	22	.	.	PUNCT
fsr-3399	132	1	is	be	AUX
fsr-3399	132	2	the	the	DET
fsr-3399	132	3	“	"	PUNCT
fsr-3399	132	4	sell	sell	NOUN
fsr-3399	132	5	in	in	ADP
fsr-3399	132	6	may	may	PROPN
fsr-3399	132	7	”	"	PUNCT
fsr-3399	132	8	approach	approach	VERB
fsr-3399	132	9	a	a	DET
fsr-3399	132	10	worthy	worthy	ADJ
fsr-3399	132	11	alternative	alternative	NOUN
fsr-3399	132	12	?	?	PUNCT
fsr-3399	133	1	to	to	PART
fsr-3399	133	2	answer	answer	VERB
fsr-3399	133	3	this	this	DET
fsr-3399	133	4	question	question	NOUN
fsr-3399	133	5	,	,	PUNCT
fsr-3399	133	6	the	the	DET
fsr-3399	133	7	analysis	analysis	NOUN
fsr-3399	133	8	begins	begin	VERB
fsr-3399	133	9	with	with	ADP
fsr-3399	133	10	an	an	DET
fsr-3399	133	11	overview	overview	NOUN
fsr-3399	133	12	of	of	ADP
fsr-3399	133	13	the	the	DET
fsr-3399	133	14	returns	return	NOUN
fsr-3399	133	15	and	and	CCONJ
fsr-3399	133	16	volatilities	volatility	NOUN
fsr-3399	133	17	for	for	ADP
fsr-3399	133	18	both	both	DET
fsr-3399	133	19	strategies	strategy	NOUN
fsr-3399	133	20	.	.	PUNCT
fsr-3399	134	1	4.1	4.1	NUM
fsr-3399	134	2	.	.	PUNCT
fsr-3399	135	1	first	first	ADJ
fsr-3399	135	2	perspective	perspective	NOUN
fsr-3399	135	3	:	:	PUNCT
fsr-3399	135	4	returns	return	NOUN
fsr-3399	135	5	and	and	CCONJ
fsr-3399	135	6	volatilities	volatility	NOUN
fsr-3399	135	7	the	the	DET
fsr-3399	135	8	starting	starting	NOUN
fsr-3399	135	9	date	date	NOUN
fsr-3399	135	10	,	,	PUNCT
fsr-3399	135	11	following	follow	VERB
fsr-3399	135	12	the	the	DET
fsr-3399	135	13	publication	publication	NOUN
fsr-3399	135	14	of	of	ADP
fsr-3399	135	15	the	the	DET
fsr-3399	135	16	pattern	pattern	NOUN
fsr-3399	135	17	for	for	ADP
fsr-3399	135	18	the	the	DET
fsr-3399	135	19	first	first	ADJ
fsr-3399	135	20	time	time	NOUN
fsr-3399	135	21	in	in	ADP
fsr-3399	135	22	the	the	DET
fsr-3399	135	23	stock	stock	NOUN
fsr-3399	135	24	trader	trader	NOUN
fsr-3399	135	25	’s	’s	PART
fsr-3399	135	26	almanac	almanac	NOUN
fsr-3399	135	27	(	(	PUNCT
fsr-3399	135	28	1986	1986	NUM
fsr-3399	135	29	)	)	PUNCT
fsr-3399	135	30	,	,	PUNCT
fsr-3399	135	31	is	be	AUX
fsr-3399	135	32	november	november	PROPN
fsr-3399	135	33	1	1	NUM
fsr-3399	135	34	,	,	PUNCT
fsr-3399	135	35	1986	1986	NUM
fsr-3399	135	36	.	.	PUNCT
fsr-3399	136	1	the	the	DET
fsr-3399	136	2	ending	end	VERB
fsr-3399	136	3	date	date	NOUN
fsr-3399	136	4	is	be	AUX
fsr-3399	136	5	october	october	PROPN
fsr-3399	136	6	31	31	NUM
fsr-3399	136	7	,	,	PUNCT
fsr-3399	136	8	2016	2016	NUM
fsr-3399	136	9	.	.	PUNCT
fsr-3399	137	1	the	the	DET
fsr-3399	137	2	switch	switch	NOUN
fsr-3399	137	3	into	into	ADP
fsr-3399	137	4	three	three	NUM
fsr-3399	137	5	-	-	PUNCT
fsr-3399	137	6	month	month	NOUN
fsr-3399	137	7	u.s	u.s	PROPN
fsr-3399	137	8	.	.	PROPN
fsr-3399	137	9	treasury	treasury	PROPN
fsr-3399	137	10	bills	bill	NOUN
fsr-3399	137	11	occurs	occur	VERB
fsr-3399	137	12	from	from	ADP
fsr-3399	137	13	may	may	PROPN
fsr-3399	137	14	1	1	NUM
fsr-3399	137	15	through	through	ADP
fsr-3399	137	16	october	october	PROPN
fsr-3399	137	17	31	31	NUM
fsr-3399	137	18	of	of	ADP
fsr-3399	137	19	a	a	DET
fsr-3399	137	20	given	give	VERB
fsr-3399	137	21	year	year	NOUN
fsr-3399	137	22	.	.	PUNCT
fsr-3399	138	1	a	a	DET
fsr-3399	138	2	summary	summary	NOUN
fsr-3399	138	3	of	of	ADP
fsr-3399	138	4	the	the	DET
fsr-3399	138	5	results	result	NOUN
fsr-3399	138	6	is	be	AUX
fsr-3399	138	7	in	in	ADP
fsr-3399	138	8	table	table	NOUN
fsr-3399	138	9	2	2	NUM
fsr-3399	138	10	for	for	ADP
fsr-3399	138	11	both	both	CCONJ
fsr-3399	138	12	the	the	DET
fsr-3399	138	13	switching	switch	VERB
fsr-3399	138	14	strategy	strategy	NOUN
fsr-3399	138	15	and	and	CCONJ
fsr-3399	138	16	the	the	DET
fsr-3399	138	17	buy	buy	VERB
fsr-3399	138	18	-	-	PUNCT
fsr-3399	138	19	and	and	CCONJ
fsr-3399	138	20	-	-	PUNCT
fsr-3399	138	21	hold	hold	VERB
fsr-3399	138	22	approach	approach	NOUN
fsr-3399	138	23	.	.	PUNCT
fsr-3399	139	1	to	to	PART
fsr-3399	139	2	motivate	motivate	VERB
fsr-3399	139	3	statistical	statistical	ADJ
fsr-3399	139	4	tests	test	NOUN
fsr-3399	139	5	of	of	ADP
fsr-3399	139	6	the	the	DET
fsr-3399	139	7	difference	difference	NOUN
fsr-3399	139	8	in	in	ADP
fsr-3399	139	9	the	the	DET
fsr-3399	139	10	results	result	NOUN
fsr-3399	139	11	between	between	ADP
fsr-3399	139	12	the	the	DET
fsr-3399	139	13	two	two	NUM
fsr-3399	139	14	strategies	strategy	NOUN
fsr-3399	139	15	,	,	PUNCT
fsr-3399	139	16	in	in	ADP
fsr-3399	139	17	terms	term	NOUN
fsr-3399	139	18	of	of	ADP
fsr-3399	139	19	salient	salient	NOUN
fsr-3399	139	20	features	feature	NOUN
fsr-3399	139	21	,	,	PUNCT
fsr-3399	139	22	for	for	ADP
fsr-3399	139	23	the	the	DET
fsr-3399	139	24	large	large	ADJ
fsr-3399	139	25	-	-	PUNCT
fsr-3399	139	26	cap	cap	NOUN
fsr-3399	139	27	fund	fund	NOUN
fsr-3399	139	28	,	,	PUNCT
fsr-3399	139	29	the	the	DET
fsr-3399	139	30	switching	switch	VERB
fsr-3399	139	31	strategy	strategy	NOUN
fsr-3399	139	32	outperforms	outperform	VERB
fsr-3399	139	33	the	the	DET
fsr-3399	139	34	buy	buy	VERB
fsr-3399	139	35	-	-	PUNCT
fsr-3399	139	36	and	and	CCONJ
fsr-3399	139	37	-	-	PUNCT
fsr-3399	139	38	hold	hold	VERB
fsr-3399	139	39	approach	approach	NOUN
fsr-3399	139	40	on	on	ADP
fsr-3399	139	41	a	a	DET
fsr-3399	139	42	return	return	NOUN
fsr-3399	139	43	basis	basis	NOUN
fsr-3399	139	44	,	,	PUNCT
fsr-3399	139	45	which	which	PRON
fsr-3399	139	46	is	be	AUX
fsr-3399	139	47	a	a	DET
fsr-3399	139	48	periodic	periodic	ADJ
fsr-3399	139	49	stochastic	stochastic	ADJ
fsr-3399	139	50	process	process	NOUN
fsr-3399	139	51	that	that	PRON
fsr-3399	139	52	relies	rely	VERB
fsr-3399	139	53	on	on	ADP
fsr-3399	139	54	the	the	DET
fsr-3399	139	55	arithmetic	arithmetic	ADJ
fsr-3399	139	56	mean	mean	NOUN
fsr-3399	139	57	,	,	PUNCT
fsr-3399	139	58	in	in	ADP
fsr-3399	139	59	8	8	NUM
fsr-3399	139	60	of	of	ADP
fsr-3399	139	61	the	the	DET
fsr-3399	139	62	30	30	NUM
fsr-3399	139	63	years.2	years.2	NOUN
fsr-3399	139	64	second	second	NOUN
fsr-3399	139	65	,	,	PUNCT
fsr-3399	139	66	at	at	ADP
fsr-3399	139	67	7.90	7.90	NUM
fsr-3399	139	68	%	%	NOUN
fsr-3399	139	69	,	,	PUNCT
fsr-3399	139	70	the	the	DET
fsr-3399	139	71	buy	buy	VERB
fsr-3399	139	72	-	-	PUNCT
fsr-3399	139	73	and	and	CCONJ
fsr-3399	139	74	-	-	PUNCT
fsr-3399	139	75	hold	hold	NOUN
fsr-3399	139	76	mean	mean	NOUN
fsr-3399	139	77	at	at	ADP
fsr-3399	139	78	10.66	10.66	NUM
fsr-3399	139	79	%	%	NOUN
fsr-3399	139	80	is	be	AUX
fsr-3399	139	81	276	276	NUM
fsr-3399	139	82	basis	basis	NOUN
fsr-3399	139	83	points	point	NOUN
fsr-3399	139	84	higher	higher	ADV
fsr-3399	139	85	,	,	PUNCT
fsr-3399	139	86	or	or	CCONJ
fsr-3399	139	87	34	34	NUM
fsr-3399	139	88	%	%	NOUN
fsr-3399	139	89	,	,	PUNCT
fsr-3399	139	90	and	and	CCONJ
fsr-3399	139	91	the	the	DET
fsr-3399	139	92	larger	large	ADJ
fsr-3399	139	93	median	median	ADJ
fsr-3399	139	94	difference	difference	NOUN
fsr-3399	139	95	is	be	AUX
fsr-3399	139	96	643	643	NUM
fsr-3399	139	97	basis	basis	NOUN
fsr-3399	139	98	points	point	NOUN
fsr-3399	139	99	.	.	PUNCT
fsr-3399	140	1	third	third	ADJ
fsr-3399	140	2	,	,	PUNCT
fsr-3399	140	3	the	the	DET
fsr-3399	140	4	biggest	big	ADJ
fsr-3399	140	5	difference	difference	NOUN
fsr-3399	140	6	in	in	ADP
fsr-3399	140	7	return	return	NOUN
fsr-3399	140	8	performance	performance	NOUN
fsr-3399	140	9	by	by	ADP
fsr-3399	140	10	year	year	NOUN
fsr-3399	140	11	occurs	occur	VERB
fsr-3399	140	12	during	during	ADP
fsr-3399	140	13	the	the	DET
fsr-3399	140	14	global	global	ADJ
fsr-3399	140	15	financial	financial	ADJ
fsr-3399	140	16	crisis	crisis	NOUN
fsr-3399	140	17	,	,	PUNCT
fsr-3399	140	18	2,429	2,429	NUM
fsr-3399	140	19	basis	basis	NOUN
fsr-3399	140	20	points	point	NOUN
fsr-3399	140	21	,	,	PUNCT
fsr-3399	140	22	or	or	CCONJ
fsr-3399	140	23	�	�	PROPN
fsr-3399	140	24	36.13	36.13	NUM
fsr-3399	140	25	versus	versus	ADP
fsr-3399	140	26	the	the	DET
fsr-3399	140	27	switching	switch	VERB
fsr-3399	140	28	strategy	strategy	NOUN
fsr-3399	140	29	at	at	ADP
fsr-3399	140	30	�	�	PROPN
fsr-3399	140	31	11.84	11.84	NUM
fsr-3399	140	32	%	%	NOUN
fsr-3399	140	33	.	.	PUNCT
fsr-3399	141	1	fourth	fourth	ADJ
fsr-3399	141	2	,	,	PUNCT
fsr-3399	141	3	and	and	CCONJ
fsr-3399	141	4	similar	similar	ADJ
fsr-3399	141	5	to	to	ADP
fsr-3399	141	6	the	the	DET
fsr-3399	141	7	results	result	NOUN
fsr-3399	141	8	found	find	VERB
fsr-3399	141	9	with	with	ADP
fsr-3399	141	10	the	the	DET
fsr-3399	141	11	wilshire	wilshire	PROPN
fsr-3399	141	12	5000	5000	NUM
fsr-3399	141	13	,	,	PUNCT
fsr-3399	141	14	the	the	DET
fsr-3399	141	15	mean	mean	ADJ
fsr-3399	141	16	and	and	CCONJ
fsr-3399	141	17	median	median	ADJ
fsr-3399	141	18	return	return	NOUN
fsr-3399	141	19	differences	difference	NOUN
fsr-3399	141	20	favoring	favor	VERB
fsr-3399	141	21	the	the	DET
fsr-3399	141	22	buy	buy	VERB
fsr-3399	141	23	-	-	PUNCT
fsr-3399	141	24	and	and	CCONJ
fsr-3399	141	25	-	-	PUNCT
fsr-3399	141	26	hold	hold	VERB
fsr-3399	141	27	approach	approach	NOUN
fsr-3399	141	28	come	come	VERB
fsr-3399	141	29	at	at	ADP
fsr-3399	141	30	the	the	DET
fsr-3399	141	31	expense	expense	NOUN
fsr-3399	141	32	of	of	ADP
fsr-3399	141	33	significantly	significantly	ADV
fsr-3399	141	34	higher	high	ADJ
fsr-3399	141	35	volatility	volatility	NOUN
fsr-3399	141	36	,	,	PUNCT
fsr-3399	141	37	or	or	CCONJ
fsr-3399	141	38	15.77	15.77	NUM
fsr-3399	141	39	%	%	NOUN
fsr-3399	141	40	versus	versus	ADP
fsr-3399	141	41	9.08	9.08	NUM
fsr-3399	141	42	%	%	NOUN
fsr-3399	141	43	,	,	PUNCT
fsr-3399	141	44	a	a	DET
fsr-3399	141	45	66	66	NUM
fsr-3399	141	46	%	%	NOUN
fsr-3399	141	47	increase	increase	NOUN
fsr-3399	141	48	.	.	PUNCT
fsr-3399	142	1	given	give	VERB
fsr-3399	142	2	the	the	DET
fsr-3399	142	3	difference	difference	NOUN
fsr-3399	142	4	in	in	ADP
fsr-3399	142	5	returns	return	NOUN
fsr-3399	142	6	,	,	PUNCT
fsr-3399	142	7	this	this	PRON
fsr-3399	142	8	signals	signal	VERB
fsr-3399	142	9	that	that	SCONJ
fsr-3399	142	10	the	the	DET
fsr-3399	142	11	additional	additional	ADJ
fsr-3399	142	12	return	return	NOUN
fsr-3399	142	13	earned	earn	VERB
fsr-3399	142	14	from	from	ADP
fsr-3399	142	15	the	the	DET
fsr-3399	142	16	buy	buy	VERB
fsr-3399	142	17	-	-	PUNCT
fsr-3399	142	18	and	and	CCONJ
fsr-3399	142	19	-	-	PUNCT
fsr-3399	142	20	hold	hold	NOUN
fsr-3399	142	21	approach	approach	NOUN
fsr-3399	142	22	does	do	AUX
fsr-3399	142	23	not	not	PART
fsr-3399	142	24	fully	fully	ADV
fsr-3399	142	25	table	table	VERB
fsr-3399	142	26	1	1	NUM
fsr-3399	142	27	summary	summary	NOUN
fsr-3399	142	28	statistics	statistic	NOUN
fsr-3399	142	29	of	of	ADP
fsr-3399	142	30	switching	switch	VERB
fsr-3399	142	31	from	from	ADP
fsr-3399	142	32	holding	hold	VERB
fsr-3399	142	33	the	the	DET
fsr-3399	142	34	wilshire	wilshire	NOUN
fsr-3399	142	35	5000	5000	NUM
fsr-3399	142	36	from	from	ADP
fsr-3399	142	37	november	november	PROPN
fsr-3399	142	38	1	1	NUM
fsr-3399	142	39	of	of	ADP
fsr-3399	142	40	each	each	DET
fsr-3399	142	41	year	year	NOUN
fsr-3399	142	42	to	to	ADP
fsr-3399	142	43	april	april	PROPN
fsr-3399	142	44	30	30	NUM
fsr-3399	142	45	of	of	ADP
fsr-3399	142	46	the	the	DET
fsr-3399	142	47	next	next	ADJ
fsr-3399	142	48	year	year	NOUN
fsr-3399	142	49	to	to	ADP
fsr-3399	142	50	holding	hold	VERB
fsr-3399	142	51	three	three	NUM
fsr-3399	142	52	-	-	PUNCT
fsr-3399	142	53	month	month	NOUN
fsr-3399	142	54	u.s	u.s	PROPN
fsr-3399	142	55	.	.	PROPN
fsr-3399	142	56	treasury	treasury	PROPN
fsr-3399	142	57	bills	bill	NOUN
fsr-3399	142	58	from	from	ADP
fsr-3399	142	59	may	may	PROPN
fsr-3399	142	60	1	1	NUM
fsr-3399	142	61	to	to	ADP
fsr-3399	142	62	october	october	PROPN
fsr-3399	142	63	31	31	NUM
fsr-3399	142	64	of	of	ADP
fsr-3399	142	65	each	each	DET
fsr-3399	142	66	year	year	NOUN
fsr-3399	142	67	wilshire	wilshire	PROPN
fsr-3399	142	68	5000	5000	NUM
fsr-3399	142	69	no	no	NOUN
fsr-3399	142	70	.	.	PUNCT
fsr-3399	143	1	of	of	ADP
fsr-3399	143	2	switching	switch	VERB
fsr-3399	143	3	outperform	outperform	NOUN
fsr-3399	143	4	years	year	NOUN
fsr-3399	143	5	9	9	NUM
fsr-3399	143	6	years	year	NOUN
fsr-3399	143	7	percentage	percentage	NOUN
fsr-3399	143	8	of	of	ADP
fsr-3399	143	9	time	time	NOUN
fsr-3399	143	10	(	(	PUNCT
fsr-3399	143	11	over	over	ADP
fsr-3399	143	12	30	30	NUM
fsr-3399	143	13	years	year	NOUN
fsr-3399	143	14	)	)	PUNCT
fsr-3399	143	15	30.00	30.00	NUM
fsr-3399	143	16	%	%	NOUN
fsr-3399	143	17	mean	mean	NOUN
fsr-3399	143	18	return	return	NOUN
fsr-3399	143	19	(	(	PUNCT
fsr-3399	143	20	switching	switching	NOUN
fsr-3399	143	21	)	)	PUNCT
fsr-3399	143	22	10.63	10.63	NUM
fsr-3399	143	23	%	%	NOUN
fsr-3399	143	24	mean	mean	NOUN
fsr-3399	143	25	return	return	NOUN
fsr-3399	143	26	(	(	PUNCT
fsr-3399	143	27	buy	buy	NOUN
fsr-3399	143	28	-	-	PUNCT
fsr-3399	143	29	and	and	CCONJ
fsr-3399	143	30	-	-	PUNCT
fsr-3399	143	31	hold	hold	VERB
fsr-3399	143	32	)	)	PUNCT
fsr-3399	143	33	12.33	12.33	NUM
fsr-3399	143	34	median	median	NOUN
fsr-3399	143	35	return	return	NOUN
fsr-3399	143	36	(	(	PUNCT
fsr-3399	143	37	switching	switching	NOUN
fsr-3399	143	38	)	)	PUNCT
fsr-3399	143	39	11.94	11.94	NUM
fsr-3399	143	40	median	median	NOUN
fsr-3399	143	41	return	return	NOUN
fsr-3399	143	42	(	(	PUNCT
fsr-3399	143	43	buy	buy	NOUN
fsr-3399	143	44	-	-	PUNCT
fsr-3399	143	45	and	and	CCONJ
fsr-3399	143	46	-	-	PUNCT
fsr-3399	143	47	hold	hold	VERB
fsr-3399	143	48	)	)	PUNCT
fsr-3399	143	49	15.26	15.26	NUM
fsr-3399	143	50	max	max	NOUN
fsr-3399	143	51	return	return	NOUN
fsr-3399	143	52	(	(	PUNCT
fsr-3399	143	53	switching	switching	NOUN
fsr-3399	143	54	)	)	PUNCT
fsr-3399	143	55	32.77	32.77	NUM
fsr-3399	143	56	min	min	NOUN
fsr-3399	143	57	return	return	NOUN
fsr-3399	143	58	(	(	PUNCT
fsr-3399	143	59	switching	switching	NOUN
fsr-3399	143	60	)	)	PUNCT
fsr-3399	143	61	�	�	PROPN
fsr-3399	143	62	10.24	10.24	NUM
fsr-3399	143	63	max	max	PROPN
fsr-3399	143	64	return	return	NOUN
fsr-3399	143	65	(	(	PUNCT
fsr-3399	143	66	buy	buy	NOUN
fsr-3399	143	67	-	-	PUNCT
fsr-3399	143	68	and	and	CCONJ
fsr-3399	143	69	-	-	PUNCT
fsr-3399	143	70	hold	hold	VERB
fsr-3399	143	71	)	)	PUNCT
fsr-3399	143	72	39.41	39.41	NUM
fsr-3399	143	73	min	min	NOUN
fsr-3399	143	74	return	return	NOUN
fsr-3399	143	75	(	(	PUNCT
fsr-3399	143	76	buy	buy	NOUN
fsr-3399	143	77	-	-	PUNCT
fsr-3399	143	78	and	and	CCONJ
fsr-3399	143	79	-	-	PUNCT
fsr-3399	143	80	hold	hold	VERB
fsr-3399	143	81	)	)	PUNCT
fsr-3399	143	82	)	)	PUNCT
fsr-3399	143	83	�	�	PROPN
fsr-3399	143	84	34.94	34.94	NUM
fsr-3399	143	85	volatility	volatility	NOUN
fsr-3399	143	86	(	(	PUNCT
fsr-3399	143	87	�	�	PROPN
fsr-3399	143	88	)	)	PUNCT
fsr-3399	143	89	(	(	PUNCT
fsr-3399	143	90	switching	switching	NOUN
fsr-3399	143	91	)	)	PUNCT
fsr-3399	143	92	9.86	9.86	NUM
fsr-3399	143	93	volatility	volatility	NOUN
fsr-3399	143	94	(	(	PUNCT
fsr-3399	143	95	�	�	PROPN
fsr-3399	143	96	)	)	PUNCT
fsr-3399	143	97	(	(	PUNCT
fsr-3399	143	98	buy	buy	VERB
fsr-3399	143	99	-	-	PUNCT
fsr-3399	143	100	and	and	CCONJ
fsr-3399	143	101	-	-	PUNCT
fsr-3399	143	102	hold	hold	VERB
fsr-3399	143	103	)	)	PUNCT
fsr-3399	143	104	16.07	16.07	NUM
fsr-3399	143	105	included	include	VERB
fsr-3399	143	106	are	be	AUX
fsr-3399	143	107	the	the	DET
fsr-3399	143	108	means	mean	NOUN
fsr-3399	143	109	,	,	PUNCT
fsr-3399	143	110	medians	median	NOUN
fsr-3399	143	111	,	,	PUNCT
fsr-3399	143	112	maximums	maximum	NOUN
fsr-3399	143	113	,	,	PUNCT
fsr-3399	143	114	minimums	minimum	NOUN
fsr-3399	143	115	,	,	PUNCT
fsr-3399	143	116	and	and	CCONJ
fsr-3399	143	117	standard	standard	ADJ
fsr-3399	143	118	deviations	deviation	NOUN
fsr-3399	143	119	for	for	ADP
fsr-3399	143	120	the	the	DET
fsr-3399	143	121	switching	switch	VERB
fsr-3399	143	122	strategy	strategy	NOUN
fsr-3399	143	123	and	and	CCONJ
fsr-3399	143	124	the	the	DET
fsr-3399	143	125	buy	buy	VERB
fsr-3399	143	126	-	-	PUNCT
fsr-3399	143	127	and	and	CCONJ
fsr-3399	143	128	-	-	PUNCT
fsr-3399	143	129	hold	hold	VERB
fsr-3399	143	130	strategy	strategy	NOUN
fsr-3399	143	131	.	.	PUNCT
fsr-3399	144	1	309a	309a	NOUN
fsr-3399	144	2	.	.	PUNCT
fsr-3399	145	1	loviscek	loviscek	NOUN
fsr-3399	145	2	,	,	PUNCT
fsr-3399	145	3	a.	a.	NOUN
fsr-3399	145	4	broder	broder	PROPN
fsr-3399	145	5	/	/	SYM
fsr-3399	145	6	financial	financial	ADJ
fsr-3399	145	7	services	service	NOUN
fsr-3399	145	8	review	review	VERB
fsr-3399	145	9	27	27	NUM
fsr-3399	145	10	(	(	PUNCT
fsr-3399	145	11	2018	2018	NUM
fsr-3399	145	12	)	)	PUNCT
fsr-3399	145	13	303	303	NUM
fsr-3399	145	14	-	-	SYM
fsr-3399	145	15	322	322	NUM
fsr-3399	145	16	compensate	compensate	NOUN
fsr-3399	145	17	for	for	ADP
fsr-3399	145	18	the	the	DET
fsr-3399	145	19	additional	additional	ADJ
fsr-3399	145	20	risk	risk	NOUN
fsr-3399	145	21	incurred	incur	VERB
fsr-3399	145	22	.	.	PUNCT
fsr-3399	146	1	while	while	SCONJ
fsr-3399	146	2	the	the	DET
fsr-3399	146	3	“	"	PUNCT
fsr-3399	146	4	what	what	PRON
fsr-3399	146	5	if	if	SCONJ
fsr-3399	146	6	”	"	PUNCT
fsr-3399	146	7	claim	claim	VERB
fsr-3399	146	8	that	that	SCONJ
fsr-3399	146	9	the	the	DET
fsr-3399	146	10	buy	buy	VERB
fsr-3399	146	11	-	-	PUNCT
fsr-3399	146	12	and	and	CCONJ
fsr-3399	146	13	-	-	PUNCT
fsr-3399	146	14	hold	hold	VERB
fsr-3399	146	15	strategy	strategy	NOUN
fsr-3399	146	16	would	would	AUX
fsr-3399	146	17	have	have	AUX
fsr-3399	146	18	shown	show	VERB
fsr-3399	146	19	more	more	ADV
fsr-3399	146	20	positive	positive	ADJ
fsr-3399	146	21	results	result	NOUN
fsr-3399	146	22	had	have	VERB
fsr-3399	146	23	the	the	DET
fsr-3399	146	24	financial	financial	ADJ
fsr-3399	146	25	crisis	crisis	NOUN
fsr-3399	146	26	of	of	ADP
fsr-3399	146	27	2008–2009	2008–2009	NUM
fsr-3399	146	28	,	,	PUNCT
fsr-3399	146	29	a	a	DET
fsr-3399	146	30	rare	rare	ADJ
fsr-3399	146	31	event	event	NOUN
fsr-3399	146	32	that	that	PRON
fsr-3399	146	33	is	be	AUX
fsr-3399	146	34	essentially	essentially	ADV
fsr-3399	146	35	an	an	DET
fsr-3399	146	36	outlier	outlier	NOUN
fsr-3399	146	37	,	,	PUNCT
fsr-3399	146	38	not	not	PART
fsr-3399	146	39	occurred	occur	VERB
fsr-3399	146	40	,	,	PUNCT
fsr-3399	146	41	the	the	DET
fsr-3399	146	42	position	position	NOUN
fsr-3399	146	43	in	in	ADP
fsr-3399	146	44	this	this	DET
fsr-3399	146	45	study	study	NOUN
fsr-3399	146	46	is	be	AUX
fsr-3399	146	47	“	"	PUNCT
fsr-3399	146	48	what	what	PRON
fsr-3399	146	49	occurred	occur	VERB
fsr-3399	146	50	is	be	AUX
fsr-3399	146	51	what	what	PRON
fsr-3399	146	52	occurred	occur	VERB
fsr-3399	146	53	.	.	PUNCT
fsr-3399	146	54	”	"	PUNCT
fsr-3399	147	1	for	for	ADP
fsr-3399	147	2	the	the	DET
fsr-3399	147	3	small	small	ADJ
fsr-3399	147	4	-	-	PUNCT
fsr-3399	147	5	cap	cap	NOUN
fsr-3399	147	6	fund	fund	NOUN
fsr-3399	147	7	,	,	PUNCT
fsr-3399	147	8	the	the	DET
fsr-3399	147	9	switching	switch	VERB
fsr-3399	147	10	strategy	strategy	NOUN
fsr-3399	147	11	outperforms	outperform	VERB
fsr-3399	147	12	the	the	DET
fsr-3399	147	13	buy	buy	VERB
fsr-3399	147	14	-	-	PUNCT
fsr-3399	147	15	and	and	CCONJ
fsr-3399	147	16	-	-	PUNCT
fsr-3399	147	17	hold	hold	VERB
fsr-3399	147	18	approach	approach	NOUN
fsr-3399	147	19	on	on	ADP
fsr-3399	147	20	a	a	DET
fsr-3399	147	21	return	return	NOUN
fsr-3399	147	22	basis	basis	NOUN
fsr-3399	147	23	in	in	ADP
fsr-3399	147	24	15	15	NUM
fsr-3399	147	25	of	of	ADP
fsr-3399	147	26	the	the	DET
fsr-3399	147	27	30	30	NUM
fsr-3399	147	28	years	year	NOUN
fsr-3399	147	29	.	.	PUNCT
fsr-3399	148	1	while	while	SCONJ
fsr-3399	148	2	the	the	DET
fsr-3399	148	3	buy	buy	VERB
fsr-3399	148	4	-	-	PUNCT
fsr-3399	148	5	and	and	CCONJ
fsr-3399	148	6	-	-	PUNCT
fsr-3399	148	7	hold	hold	VERB
fsr-3399	148	8	approach	approach	NOUN
fsr-3399	148	9	registers	register	NOUN
fsr-3399	148	10	the	the	DET
fsr-3399	148	11	highest	high	ADJ
fsr-3399	148	12	return	return	NOUN
fsr-3399	148	13	during	during	ADP
fsr-3399	148	14	the	the	DET
fsr-3399	148	15	high	high	ADJ
fsr-3399	148	16	-	-	PUNCT
fsr-3399	148	17	return	return	NOUN
fsr-3399	148	18	period	period	NOUN
fsr-3399	148	19	of	of	ADP
fsr-3399	148	20	november	november	PROPN
fsr-3399	148	21	through	through	ADP
fsr-3399	148	22	april	april	PROPN
fsr-3399	148	23	,	,	PUNCT
fsr-3399	148	24	at	at	ADP
fsr-3399	148	25	57.51	57.51	NUM
fsr-3399	148	26	%	%	NOUN
fsr-3399	148	27	,	,	PUNCT
fsr-3399	148	28	it	it	PRON
fsr-3399	148	29	also	also	ADV
fsr-3399	148	30	incurs	incur	VERB
fsr-3399	148	31	the	the	DET
fsr-3399	148	32	largest	large	ADJ
fsr-3399	148	33	loss	loss	NOUN
fsr-3399	148	34	,	,	PUNCT
fsr-3399	148	35	as	as	SCONJ
fsr-3399	148	36	seen	see	VERB
fsr-3399	148	37	in	in	ADP
fsr-3399	148	38	the	the	DET
fsr-3399	148	39	52.90	52.90	NUM
fsr-3399	148	40	%	%	NOUN
fsr-3399	148	41	drop	drop	NOUN
fsr-3399	148	42	during	during	ADP
fsr-3399	148	43	the	the	DET
fsr-3399	148	44	global	global	ADJ
fsr-3399	148	45	financial	financial	ADJ
fsr-3399	148	46	crisis	crisis	NOUN
fsr-3399	148	47	.	.	PUNCT
fsr-3399	149	1	these	these	DET
fsr-3399	149	2	results	result	NOUN
fsr-3399	149	3	are	be	AUX
fsr-3399	149	4	not	not	PART
fsr-3399	149	5	particularly	particularly	ADV
fsr-3399	149	6	surprising	surprising	ADJ
fsr-3399	149	7	when	when	SCONJ
fsr-3399	149	8	viewed	view	VERB
fsr-3399	149	9	in	in	ADP
fsr-3399	149	10	the	the	DET
fsr-3399	149	11	light	light	NOUN
fsr-3399	149	12	of	of	ADP
fsr-3399	149	13	the	the	DET
fsr-3399	149	14	volatility	volatility	NOUN
fsr-3399	149	15	of	of	ADP
fsr-3399	149	16	small	small	ADJ
fsr-3399	149	17	-	-	PUNCT
fsr-3399	149	18	cap	cap	NOUN
fsr-3399	149	19	stocks	stock	NOUN
fsr-3399	149	20	.	.	PUNCT
fsr-3399	150	1	historically	historically	ADV
fsr-3399	150	2	,	,	PUNCT
fsr-3399	150	3	according	accord	VERB
fsr-3399	150	4	to	to	ADP
fsr-3399	150	5	ibbotson	ibbotson	PROPN
fsr-3399	150	6	&	&	CCONJ
fsr-3399	150	7	associates	associates	PROPN
fsr-3399	150	8	(	(	PUNCT
fsr-3399	150	9	2018	2018	NUM
fsr-3399	150	10	)	)	PUNCT
fsr-3399	150	11	,	,	PUNCT
fsr-3399	150	12	it	it	PRON
fsr-3399	150	13	averages	average	VERB
fsr-3399	150	14	23	23	NUM
fsr-3399	150	15	%	%	NOUN
fsr-3399	150	16	,	,	PUNCT
fsr-3399	150	17	and	and	CCONJ
fsr-3399	150	18	when	when	SCONJ
fsr-3399	150	19	compared	compare	VERB
fsr-3399	150	20	with	with	ADP
fsr-3399	150	21	approximately	approximately	ADV
fsr-3399	150	22	17	17	NUM
fsr-3399	150	23	%	%	NOUN
fsr-3399	150	24	for	for	ADP
fsr-3399	150	25	large	large	ADJ
fsr-3399	150	26	-	-	PUNCT
fsr-3399	150	27	cap	cap	NOUN
fsr-3399	150	28	stocks	stock	NOUN
fsr-3399	150	29	,	,	PUNCT
fsr-3399	150	30	the	the	DET
fsr-3399	150	31	expectation	expectation	NOUN
fsr-3399	150	32	is	be	AUX
fsr-3399	150	33	for	for	ADP
fsr-3399	150	34	a	a	DET
fsr-3399	150	35	larger	large	ADJ
fsr-3399	150	36	low	low	ADJ
fsr-3399	150	37	-	-	PUNCT
fsr-3399	150	38	high	high	ADJ
fsr-3399	150	39	range	range	NOUN
fsr-3399	150	40	.	.	PUNCT
fsr-3399	151	1	there	there	PRON
fsr-3399	151	2	is	be	VERB
fsr-3399	151	3	also	also	ADV
fsr-3399	151	4	a	a	DET
fsr-3399	151	5	difference	difference	NOUN
fsr-3399	151	6	of	of	ADP
fsr-3399	151	7	108	108	NUM
fsr-3399	151	8	basis	basis	NOUN
fsr-3399	151	9	points	point	NOUN
fsr-3399	151	10	between	between	ADP
fsr-3399	151	11	the	the	DET
fsr-3399	151	12	median	median	ADJ
fsr-3399	151	13	returns	return	NOUN
fsr-3399	151	14	,	,	PUNCT
fsr-3399	151	15	and	and	CCONJ
fsr-3399	151	16	at	at	ADP
fsr-3399	151	17	over	over	ADP
fsr-3399	151	18	40	40	NUM
fsr-3399	151	19	%	%	NOUN
fsr-3399	151	20	less	less	ADJ
fsr-3399	151	21	volatility	volatility	NOUN
fsr-3399	151	22	,	,	PUNCT
fsr-3399	151	23	additional	additional	ADJ
fsr-3399	151	24	evidence	evidence	NOUN
fsr-3399	151	25	that	that	SCONJ
fsr-3399	151	26	the	the	DET
fsr-3399	151	27	buy	buy	VERB
fsr-3399	151	28	-	-	PUNCT
fsr-3399	151	29	and	and	CCONJ
fsr-3399	151	30	-	-	PUNCT
fsr-3399	151	31	hold	hold	NOUN
fsr-3399	151	32	approach	approach	NOUN
fsr-3399	151	33	is	be	AUX
fsr-3399	151	34	not	not	PART
fsr-3399	151	35	compensating	compensate	VERB
fsr-3399	151	36	investors	investor	NOUN
fsr-3399	151	37	sufficiently	sufficiently	ADV
fsr-3399	151	38	for	for	ADP
fsr-3399	151	39	the	the	DET
fsr-3399	151	40	additional	additional	ADJ
fsr-3399	151	41	risk	risk	NOUN
fsr-3399	151	42	incurred	incur	VERB
fsr-3399	151	43	.	.	PUNCT
fsr-3399	152	1	the	the	DET
fsr-3399	152	2	mid	mid	ADJ
fsr-3399	152	3	-	-	ADJ
fsr-3399	152	4	cap	cap	NOUN
fsr-3399	152	5	fund	fund	NOUN
fsr-3399	152	6	switching	switch	VERB
fsr-3399	152	7	strategy	strategy	NOUN
fsr-3399	152	8	beats	beat	VERB
fsr-3399	152	9	the	the	DET
fsr-3399	152	10	buy	buy	VERB
fsr-3399	152	11	-	-	PUNCT
fsr-3399	152	12	and	and	CCONJ
fsr-3399	152	13	-	-	PUNCT
fsr-3399	152	14	hold	hold	VERB
fsr-3399	152	15	approach	approach	NOUN
fsr-3399	152	16	in	in	ADP
fsr-3399	152	17	11	11	NUM
fsr-3399	152	18	of	of	ADP
fsr-3399	152	19	the	the	DET
fsr-3399	152	20	30	30	NUM
fsr-3399	152	21	years	year	NOUN
fsr-3399	152	22	.	.	PUNCT
fsr-3399	153	1	as	as	ADP
fsr-3399	153	2	with	with	ADP
fsr-3399	153	3	the	the	DET
fsr-3399	153	4	large	large	ADJ
fsr-3399	153	5	-	-	PUNCT
fsr-3399	153	6	cap	cap	NOUN
fsr-3399	153	7	and	and	CCONJ
fsr-3399	153	8	small	small	ADJ
fsr-3399	153	9	-	-	PUNCT
fsr-3399	153	10	cap	cap	NOUN
fsr-3399	153	11	funds	fund	NOUN
fsr-3399	153	12	,	,	PUNCT
fsr-3399	153	13	the	the	DET
fsr-3399	153	14	switching	switch	VERB
fsr-3399	153	15	strategy	strategy	NOUN
fsr-3399	153	16	carries	carry	VERB
fsr-3399	153	17	much	much	ADV
fsr-3399	153	18	lower	low	ADJ
fsr-3399	153	19	volatility	volatility	NOUN
fsr-3399	153	20	than	than	ADP
fsr-3399	153	21	the	the	DET
fsr-3399	153	22	buy	buy	VERB
fsr-3399	153	23	-	-	PUNCT
fsr-3399	153	24	and	and	CCONJ
fsr-3399	153	25	-	-	PUNCT
fsr-3399	153	26	hold	hold	NOUN
fsr-3399	153	27	approach	approach	NOUN
fsr-3399	153	28	,	,	PUNCT
fsr-3399	153	29	10.93	10.93	NUM
fsr-3399	153	30	%	%	NOUN
fsr-3399	153	31	versus	versus	ADP
fsr-3399	153	32	19.33	19.33	NUM
fsr-3399	153	33	%	%	NOUN
fsr-3399	153	34	.	.	PUNCT
fsr-3399	154	1	this	this	PRON
fsr-3399	154	2	is	be	AUX
fsr-3399	154	3	yet	yet	ADV
fsr-3399	154	4	more	more	ADJ
fsr-3399	154	5	evidence	evidence	NOUN
fsr-3399	154	6	of	of	ADP
fsr-3399	154	7	compensation	compensation	NOUN
fsr-3399	154	8	falling	fall	VERB
fsr-3399	154	9	short	short	ADV
fsr-3399	154	10	of	of	ADP
fsr-3399	154	11	that	that	PRON
fsr-3399	154	12	needed	need	VERB
fsr-3399	154	13	to	to	PART
fsr-3399	154	14	cover	cover	VERB
fsr-3399	154	15	the	the	DET
fsr-3399	154	16	additional	additional	ADJ
fsr-3399	154	17	risk	risk	NOUN
fsr-3399	154	18	for	for	ADP
fsr-3399	154	19	the	the	DET
fsr-3399	154	20	buy	buy	VERB
fsr-3399	154	21	-	-	PUNCT
fsr-3399	154	22	and	and	CCONJ
fsr-3399	154	23	-	-	PUNCT
fsr-3399	154	24	hold	hold	VERB
fsr-3399	154	25	strategy	strategy	NOUN
fsr-3399	154	26	.	.	PUNCT
fsr-3399	155	1	the	the	DET
fsr-3399	155	2	balanced	balanced	ADJ
fsr-3399	155	3	fund	fund	NOUN
fsr-3399	155	4	displays	display	VERB
fsr-3399	155	5	a	a	DET
fsr-3399	155	6	large	large	ADJ
fsr-3399	155	7	difference	difference	NOUN
fsr-3399	155	8	in	in	ADP
fsr-3399	155	9	mean	mean	NOUN
fsr-3399	155	10	and	and	CCONJ
fsr-3399	155	11	median	median	ADJ
fsr-3399	155	12	returns	return	NOUN
fsr-3399	155	13	between	between	ADP
fsr-3399	155	14	the	the	DET
fsr-3399	155	15	two	two	NUM
fsr-3399	155	16	strategies	strategy	NOUN
fsr-3399	155	17	,	,	PUNCT
fsr-3399	155	18	at	at	ADP
fsr-3399	155	19	4.62	4.62	NUM
fsr-3399	155	20	%	%	NOUN
fsr-3399	155	21	versus	versus	ADP
fsr-3399	155	22	9.00	9.00	NUM
fsr-3399	155	23	%	%	NOUN
fsr-3399	155	24	,	,	PUNCT
fsr-3399	155	25	a	a	DET
fsr-3399	155	26	difference	difference	NOUN
fsr-3399	155	27	of	of	ADP
fsr-3399	155	28	438	438	NUM
fsr-3399	155	29	basis	basis	NOUN
fsr-3399	155	30	points	point	NOUN
fsr-3399	155	31	for	for	ADP
fsr-3399	155	32	the	the	DET
fsr-3399	155	33	means	mean	NOUN
fsr-3399	155	34	,	,	PUNCT
fsr-3399	155	35	with	with	ADP
fsr-3399	155	36	the	the	DET
fsr-3399	155	37	spread	spread	NOUN
fsr-3399	155	38	in	in	ADP
fsr-3399	155	39	the	the	DET
fsr-3399	155	40	medians	median	NOUN
fsr-3399	155	41	of	of	ADP
fsr-3399	155	42	449	449	NUM
fsr-3399	155	43	basis	basis	NOUN
fsr-3399	155	44	points	point	NOUN
fsr-3399	155	45	.	.	PUNCT
fsr-3399	156	1	the	the	DET
fsr-3399	156	2	switching	switch	VERB
fsr-3399	156	3	strategy	strategy	NOUN
fsr-3399	156	4	outperforms	outperform	VERB
fsr-3399	156	5	the	the	DET
fsr-3399	156	6	buy	buy	VERB
fsr-3399	156	7	-	-	PUNCT
fsr-3399	156	8	and	and	CCONJ
fsr-3399	156	9	-	-	PUNCT
fsr-3399	156	10	hold	hold	VERB
fsr-3399	156	11	method	method	NOUN
fsr-3399	156	12	in	in	ADP
fsr-3399	156	13	five	five	NUM
fsr-3399	156	14	of	of	ADP
fsr-3399	156	15	the	the	DET
fsr-3399	156	16	30	30	NUM
fsr-3399	156	17	years	year	NOUN
fsr-3399	156	18	.	.	PUNCT
fsr-3399	157	1	it	it	PRON
fsr-3399	157	2	can	can	AUX
fsr-3399	157	3	be	be	AUX
fsr-3399	157	4	argued	argue	VERB
fsr-3399	157	5	that	that	SCONJ
fsr-3399	157	6	this	this	DET
fsr-3399	157	7	fund	fund	NOUN
fsr-3399	157	8	,	,	PUNCT
fsr-3399	157	9	while	while	SCONJ
fsr-3399	157	10	passively	passively	ADV
fsr-3399	157	11	managed	manage	VERB
fsr-3399	157	12	,	,	PUNCT
fsr-3399	157	13	already	already	ADV
fsr-3399	157	14	contains	contain	VERB
fsr-3399	157	15	a	a	DET
fsr-3399	157	16	risk	risk	NOUN
fsr-3399	157	17	-	-	PUNCT
fsr-3399	157	18	reduction	reduction	NOUN
fsr-3399	157	19	element	element	NOUN
fsr-3399	157	20	in	in	ADP
fsr-3399	157	21	the	the	DET
fsr-3399	157	22	approximately	approximately	ADV
fsr-3399	157	23	60	60	NUM
fsr-3399	157	24	%	%	NOUN
fsr-3399	157	25	of	of	ADP
fsr-3399	157	26	fixedincome	fixedincome	NOUN
fsr-3399	157	27	securities	security	NOUN
fsr-3399	157	28	it	it	PRON
fsr-3399	157	29	has	have	AUX
fsr-3399	157	30	historically	historically	ADV
fsr-3399	157	31	held	hold	VERB
fsr-3399	157	32	.	.	PUNCT
fsr-3399	158	1	while	while	SCONJ
fsr-3399	158	2	the	the	DET
fsr-3399	158	3	switching	switch	VERB
fsr-3399	158	4	strategy	strategy	NOUN
fsr-3399	158	5	lowers	lower	VERB
fsr-3399	158	6	the	the	DET
fsr-3399	158	7	risk	risk	NOUN
fsr-3399	158	8	of	of	ADP
fsr-3399	158	9	the	the	DET
fsr-3399	158	10	fund	fund	NOUN
fsr-3399	158	11	from	from	ADP
fsr-3399	158	12	8.19	8.19	NUM
fsr-3399	158	13	%	%	NOUN
fsr-3399	158	14	to	to	PART
fsr-3399	158	15	3.86	3.86	NUM
fsr-3399	158	16	%	%	NOUN
fsr-3399	158	17	,	,	PUNCT
fsr-3399	158	18	the	the	DET
fsr-3399	158	19	reduction	reduction	NOUN
fsr-3399	158	20	comes	come	VERB
fsr-3399	158	21	with	with	ADP
fsr-3399	158	22	a	a	DET
fsr-3399	158	23	much	much	ADV
fsr-3399	158	24	lower	low	ADJ
fsr-3399	158	25	return	return	NOUN
fsr-3399	158	26	,	,	PUNCT
fsr-3399	158	27	4.62	4.62	NUM
fsr-3399	158	28	%	%	NOUN
fsr-3399	158	29	versus	versus	ADP
fsr-3399	158	30	9.00	9.00	NUM
fsr-3399	158	31	%	%	NOUN
fsr-3399	158	32	.	.	PUNCT
fsr-3399	159	1	table	table	NOUN
fsr-3399	159	2	2	2	NUM
fsr-3399	159	3	summary	summary	NOUN
fsr-3399	159	4	statistics	statistic	NOUN
fsr-3399	159	5	of	of	ADP
fsr-3399	159	6	switching	switch	VERB
fsr-3399	159	7	from	from	ADP
fsr-3399	159	8	holding	hold	VERB
fsr-3399	159	9	the	the	DET
fsr-3399	159	10	four	four	NUM
fsr-3399	159	11	mutual	mutual	ADJ
fsr-3399	159	12	funds	fund	NOUN
fsr-3399	159	13	from	from	ADP
fsr-3399	159	14	november	november	PROPN
fsr-3399	159	15	1	1	NUM
fsr-3399	159	16	of	of	ADP
fsr-3399	159	17	each	each	DET
fsr-3399	159	18	year	year	NOUN
fsr-3399	159	19	to	to	ADP
fsr-3399	159	20	april	april	PROPN
fsr-3399	159	21	30	30	NUM
fsr-3399	159	22	of	of	ADP
fsr-3399	159	23	the	the	DET
fsr-3399	159	24	next	next	ADJ
fsr-3399	159	25	year	year	NOUN
fsr-3399	159	26	to	to	ADP
fsr-3399	159	27	holding	hold	VERB
fsr-3399	159	28	three	three	NUM
fsr-3399	159	29	-	-	PUNCT
fsr-3399	159	30	month	month	NOUN
fsr-3399	159	31	u.s	u.s	PROPN
fsr-3399	159	32	.	.	PROPN
fsr-3399	159	33	treasury	treasury	PROPN
fsr-3399	159	34	bills	bill	NOUN
fsr-3399	159	35	from	from	ADP
fsr-3399	159	36	may	may	PROPN
fsr-3399	159	37	1	1	NUM
fsr-3399	159	38	to	to	ADP
fsr-3399	159	39	october	october	PROPN
fsr-3399	159	40	31	31	NUM
fsr-3399	159	41	of	of	ADP
fsr-3399	159	42	each	each	DET
fsr-3399	159	43	year	year	NOUN
fsr-3399	159	44	large	large	ADJ
fsr-3399	159	45	-	-	PUNCT
fsr-3399	159	46	cap	cap	NOUN
fsr-3399	159	47	fund	fund	NOUN
fsr-3399	159	48	small	small	ADJ
fsr-3399	159	49	-	-	PUNCT
fsr-3399	159	50	cap	cap	NOUN
fsr-3399	159	51	fund	fund	NOUN
fsr-3399	159	52	mid	mid	ADJ
fsr-3399	159	53	-	-	PROPN
fsr-3399	159	54	cap	cap	ADJ
fsr-3399	159	55	fund	fund	NOUN
fsr-3399	159	56	balanced	balanced	ADJ
fsr-3399	159	57	fund	fund	NOUN
fsr-3399	160	1	no	no	INTJ
fsr-3399	160	2	.	.	PUNCT
fsr-3399	161	1	of	of	ADP
fsr-3399	161	2	switching	switch	VERB
fsr-3399	161	3	outperform	outperform	NOUN
fsr-3399	161	4	years	year	NOUN
fsr-3399	161	5	8	8	NUM
fsr-3399	161	6	years	year	NOUN
fsr-3399	161	7	15	15	NUM
fsr-3399	161	8	years	year	NOUN
fsr-3399	161	9	11	11	NUM
fsr-3399	161	10	years	year	NOUN
fsr-3399	161	11	5	5	NUM
fsr-3399	161	12	years	year	NOUN
fsr-3399	161	13	percentage	percentage	NOUN
fsr-3399	161	14	of	of	ADP
fsr-3399	161	15	time	time	NOUN
fsr-3399	161	16	(	(	PUNCT
fsr-3399	161	17	over	over	ADP
fsr-3399	161	18	30	30	NUM
fsr-3399	161	19	years	year	NOUN
fsr-3399	161	20	)	)	PUNCT
fsr-3399	161	21	26.67	26.67	NUM
fsr-3399	161	22	%	%	NOUN
fsr-3399	161	23	50.00	50.00	NUM
fsr-3399	161	24	%	%	NOUN
fsr-3399	161	25	36.67	36.67	NUM
fsr-3399	161	26	%	%	NOUN
fsr-3399	161	27	16.67	16.67	NUM
fsr-3399	161	28	%	%	NOUN
fsr-3399	161	29	mean	mean	NOUN
fsr-3399	161	30	return	return	NOUN
fsr-3399	161	31	(	(	PUNCT
fsr-3399	161	32	switching	switching	NOUN
fsr-3399	161	33	)	)	PUNCT
fsr-3399	161	34	7.90	7.90	NUM
fsr-3399	161	35	%	%	NOUN
fsr-3399	161	36	11.78	11.78	NUM
fsr-3399	161	37	%	%	NOUN
fsr-3399	161	38	10.38	10.38	NUM
fsr-3399	161	39	%	%	NOUN
fsr-3399	161	40	4.62	4.62	NUM
fsr-3399	161	41	%	%	NOUN
fsr-3399	161	42	mean	mean	NOUN
fsr-3399	161	43	return	return	NOUN
fsr-3399	161	44	(	(	PUNCT
fsr-3399	161	45	buy	buy	NOUN
fsr-3399	161	46	-	-	PUNCT
fsr-3399	161	47	and	and	CCONJ
fsr-3399	161	48	-	-	PUNCT
fsr-3399	161	49	hold	hold	VERB
fsr-3399	161	50	)	)	PUNCT
fsr-3399	161	51	10.66	10.66	NUM
fsr-3399	161	52	12.85	12.85	NUM
fsr-3399	161	53	11.48	11.48	NUM
fsr-3399	161	54	9.00	9.00	NUM
fsr-3399	161	55	median	median	NOUN
fsr-3399	161	56	return	return	NOUN
fsr-3399	161	57	(	(	PUNCT
fsr-3399	161	58	switching	switching	NOUN
fsr-3399	161	59	)	)	PUNCT
fsr-3399	161	60	8.04	8.04	NUM
fsr-3399	161	61	10.50	10.50	NUM
fsr-3399	161	62	11.31	11.31	NUM
fsr-3399	161	63	4.29	4.29	NUM
fsr-3399	161	64	median	median	ADJ
fsr-3399	161	65	return	return	NOUN
fsr-3399	161	66	(	(	PUNCT
fsr-3399	161	67	buy	buy	NOUN
fsr-3399	161	68	-	-	PUNCT
fsr-3399	161	69	and	and	CCONJ
fsr-3399	161	70	-	-	PUNCT
fsr-3399	161	71	hold	hold	VERB
fsr-3399	161	72	)	)	PUNCT
fsr-3399	161	73	14.47	14.47	NUM
fsr-3399	161	74	9.50	9.50	NUM
fsr-3399	161	75	16.00	16.00	NUM
fsr-3399	161	76	8.78	8.78	NUM
fsr-3399	161	77	max	max	PROPN
fsr-3399	161	78	return	return	NOUN
fsr-3399	161	79	(	(	PUNCT
fsr-3399	161	80	switching	switching	NOUN
fsr-3399	161	81	)	)	PUNCT
fsr-3399	161	82	25.98	25.98	NUM
fsr-3399	161	83	43.24	43.24	NUM
fsr-3399	161	84	29.77	29.77	NUM
fsr-3399	161	85	12.94	12.94	NUM
fsr-3399	161	86	min	min	NOUN
fsr-3399	161	87	return	return	NOUN
fsr-3399	161	88	(	(	PUNCT
fsr-3399	161	89	switching	switching	NOUN
fsr-3399	161	90	)	)	PUNCT
fsr-3399	161	91	�	�	PROPN
fsr-3399	161	92	11.84	11.84	NUM
fsr-3399	161	93	�	�	PROPN
fsr-3399	161	94	23.85	23.85	NUM
fsr-3399	161	95	�	�	PROPN
fsr-3399	161	96	11.93	11.93	NUM
fsr-3399	161	97	�	�	PROPN
fsr-3399	161	98	5.30	5.30	NUM
fsr-3399	161	99	max	max	PROPN
fsr-3399	161	100	return	return	NOUN
fsr-3399	161	101	(	(	PUNCT
fsr-3399	161	102	buy	buy	NOUN
fsr-3399	161	103	-	-	PUNCT
fsr-3399	161	104	and	and	CCONJ
fsr-3399	161	105	-	-	PUNCT
fsr-3399	161	106	hold	hold	VERB
fsr-3399	161	107	)	)	PUNCT
fsr-3399	161	108	33.10	33.10	NUM
fsr-3399	161	109	57.51	57.51	NUM
fsr-3399	161	110	49.40	49.40	NUM
fsr-3399	161	111	22.07	22.07	NUM
fsr-3399	161	112	min	min	NOUN
fsr-3399	161	113	return	return	NOUN
fsr-3399	161	114	(	(	PUNCT
fsr-3399	161	115	buy	buy	NOUN
fsr-3399	161	116	-	-	PUNCT
fsr-3399	161	117	and	and	CCONJ
fsr-3399	161	118	-	-	PUNCT
fsr-3399	161	119	hold	hold	VERB
fsr-3399	161	120	)	)	PUNCT
fsr-3399	161	121	�	�	PROPN
fsr-3399	161	122	36.13	36.13	NUM
fsr-3399	161	123	�	�	PROPN
fsr-3399	161	124	52.90	52.90	NUM
fsr-3399	161	125	�	�	PROPN
fsr-3399	161	126	46.22	46.22	NUM
fsr-3399	161	127	�	�	NOUN
fsr-3399	161	128	14.25	14.25	NUM
fsr-3399	161	129	volatility	volatility	NOUN
fsr-3399	161	130	(	(	PUNCT
fsr-3399	161	131	�	�	PROPN
fsr-3399	161	132	)	)	PUNCT
fsr-3399	161	133	(	(	PUNCT
fsr-3399	161	134	switching	switching	NOUN
fsr-3399	161	135	)	)	PUNCT
fsr-3399	161	136	9.08	9.08	NUM
fsr-3399	161	137	13.73	13.73	NUM
fsr-3399	161	138	10.93	10.93	NUM
fsr-3399	161	139	3.86	3.86	NUM
fsr-3399	161	140	volatility	volatility	NOUN
fsr-3399	161	141	(	(	PUNCT
fsr-3399	161	142	�	�	PROPN
fsr-3399	161	143	)	)	PUNCT
fsr-3399	161	144	(	(	PUNCT
fsr-3399	161	145	buy	buy	VERB
fsr-3399	161	146	-	-	PUNCT
fsr-3399	161	147	and	and	CCONJ
fsr-3399	161	148	-	-	PUNCT
fsr-3399	161	149	hold	hold	VERB
fsr-3399	161	150	)	)	PUNCT
fsr-3399	161	151	15.77	15.77	NUM
fsr-3399	161	152	24.33	24.33	NUM
fsr-3399	161	153	19.33	19.33	NUM
fsr-3399	161	154	8.19	8.19	NUM
fsr-3399	161	155	included	include	VERB
fsr-3399	161	156	are	be	AUX
fsr-3399	161	157	the	the	DET
fsr-3399	161	158	means	mean	NOUN
fsr-3399	161	159	,	,	PUNCT
fsr-3399	161	160	medians	median	NOUN
fsr-3399	161	161	,	,	PUNCT
fsr-3399	161	162	maximums	maximum	NOUN
fsr-3399	161	163	,	,	PUNCT
fsr-3399	161	164	minimums	minimum	NOUN
fsr-3399	161	165	,	,	PUNCT
fsr-3399	161	166	and	and	CCONJ
fsr-3399	161	167	volatilities	volatility	NOUN
fsr-3399	161	168	,	,	PUNCT
fsr-3399	161	169	as	as	SCONJ
fsr-3399	161	170	measured	measure	VERB
fsr-3399	161	171	by	by	ADP
fsr-3399	161	172	annual	annual	ADJ
fsr-3399	161	173	standard	standard	ADJ
fsr-3399	161	174	deviations	deviation	NOUN
fsr-3399	161	175	,	,	PUNCT
fsr-3399	161	176	for	for	ADP
fsr-3399	161	177	the	the	DET
fsr-3399	161	178	switching	switch	VERB
fsr-3399	161	179	strategy	strategy	NOUN
fsr-3399	161	180	and	and	CCONJ
fsr-3399	161	181	the	the	DET
fsr-3399	161	182	buy	buy	VERB
fsr-3399	161	183	-	-	PUNCT
fsr-3399	161	184	and	and	CCONJ
fsr-3399	161	185	-	-	PUNCT
fsr-3399	161	186	hold	hold	VERB
fsr-3399	161	187	strategy	strategy	NOUN
fsr-3399	161	188	.	.	PUNCT
fsr-3399	162	1	310	310	NUM
fsr-3399	162	2	a.	a.	NOUN
fsr-3399	162	3	loviscek	loviscek	NOUN
fsr-3399	162	4	,	,	PUNCT
fsr-3399	162	5	a.	a.	NOUN
fsr-3399	162	6	broder	broder	PROPN
fsr-3399	162	7	/	/	SYM
fsr-3399	162	8	financial	financial	ADJ
fsr-3399	162	9	services	service	NOUN
fsr-3399	162	10	review	review	VERB
fsr-3399	162	11	27	27	NUM
fsr-3399	162	12	(	(	PUNCT
fsr-3399	162	13	2018	2018	NUM
fsr-3399	162	14	)	)	PUNCT
fsr-3399	162	15	303	303	NUM
fsr-3399	162	16	-	-	SYM
fsr-3399	162	17	322	322	NUM
fsr-3399	162	18	4.1.1	4.1.1	NUM
fsr-3399	162	19	.	.	PUNCT
fsr-3399	163	1	yearly	yearly	ADJ
fsr-3399	163	2	returns	return	NOUN
fsr-3399	163	3	:	:	PUNCT
fsr-3399	163	4	switching	switch	VERB
fsr-3399	163	5	strategy	strategy	NOUN
fsr-3399	163	6	versus	versus	ADP
fsr-3399	163	7	buy	buy	VERB
fsr-3399	163	8	-	-	PUNCT
fsr-3399	163	9	and	and	CCONJ
fsr-3399	163	10	-	-	PUNCT
fsr-3399	163	11	hold	hold	VERB
fsr-3399	163	12	approach	approach	NOUN
fsr-3399	163	13	for	for	ADP
fsr-3399	163	14	a	a	DET
fsr-3399	163	15	detailed	detailed	ADJ
fsr-3399	163	16	look	look	NOUN
fsr-3399	163	17	at	at	ADP
fsr-3399	163	18	the	the	DET
fsr-3399	163	19	summary	summary	NOUN
fsr-3399	163	20	annual	annual	ADJ
fsr-3399	163	21	rates	rate	NOUN
fsr-3399	163	22	of	of	ADP
fsr-3399	163	23	return	return	NOUN
fsr-3399	163	24	in	in	ADP
fsr-3399	163	25	table	table	NOUN
fsr-3399	163	26	2	2	NUM
fsr-3399	163	27	,	,	PUNCT
fsr-3399	163	28	table	table	NOUN
fsr-3399	163	29	3	3	NUM
fsr-3399	163	30	corresponds	correspond	NOUN
fsr-3399	163	31	to	to	ADP
fsr-3399	163	32	the	the	DET
fsr-3399	163	33	switching	switch	VERB
fsr-3399	163	34	strategy	strategy	NOUN
fsr-3399	163	35	while	while	SCONJ
fsr-3399	163	36	table	table	NOUN
fsr-3399	163	37	4	4	NUM
fsr-3399	163	38	refers	refer	VERB
fsr-3399	163	39	to	to	ADP
fsr-3399	163	40	the	the	DET
fsr-3399	163	41	buy	buy	VERB
fsr-3399	163	42	-	-	PUNCT
fsr-3399	163	43	and	and	CCONJ
fsr-3399	163	44	-	-	PUNCT
fsr-3399	163	45	hold	hold	VERB
fsr-3399	163	46	approach	approach	NOUN
fsr-3399	163	47	.	.	PUNCT
fsr-3399	164	1	the	the	DET
fsr-3399	164	2	respective	respective	ADJ
fsr-3399	164	3	returns	return	NOUN
fsr-3399	164	4	provide	provide	VERB
fsr-3399	164	5	a	a	DET
fsr-3399	164	6	means	means	NOUN
fsr-3399	164	7	to	to	PART
fsr-3399	164	8	test	test	VERB
fsr-3399	164	9	statistically	statistically	ADV
fsr-3399	164	10	the	the	DET
fsr-3399	164	11	effectiveness	effectiveness	NOUN
fsr-3399	164	12	of	of	ADP
fsr-3399	164	13	the	the	DET
fsr-3399	164	14	switching	switch	VERB
fsr-3399	164	15	strategy	strategy	NOUN
fsr-3399	164	16	as	as	ADP
fsr-3399	164	17	an	an	DET
fsr-3399	164	18	alternative	alternative	NOUN
fsr-3399	164	19	to	to	ADP
fsr-3399	164	20	the	the	DET
fsr-3399	164	21	buy	buy	VERB
fsr-3399	164	22	-	-	PUNCT
fsr-3399	164	23	and	and	CCONJ
fsr-3399	164	24	-	-	PUNCT
fsr-3399	164	25	hold	hold	VERB
fsr-3399	164	26	approach	approach	NOUN
fsr-3399	164	27	on	on	ADP
fsr-3399	164	28	a	a	DET
fsr-3399	164	29	return	return	NOUN
fsr-3399	164	30	basis	basis	NOUN
fsr-3399	164	31	for	for	ADP
fsr-3399	164	32	each	each	PRON
fsr-3399	164	33	of	of	ADP
fsr-3399	164	34	the	the	DET
fsr-3399	164	35	four	four	NUM
fsr-3399	164	36	funds	fund	NOUN
fsr-3399	164	37	.	.	PUNCT
fsr-3399	165	1	as	as	SCONJ
fsr-3399	165	2	expected	expect	VERB
fsr-3399	165	3	from	from	ADP
fsr-3399	165	4	their	their	PRON
fsr-3399	165	5	respective	respective	ADJ
fsr-3399	165	6	compositions	composition	NOUN
fsr-3399	165	7	,	,	PUNCT
fsr-3399	165	8	the	the	DET
fsr-3399	165	9	balanced	balanced	ADJ
fsr-3399	165	10	fund	fund	NOUN
fsr-3399	165	11	is	be	AUX
fsr-3399	165	12	the	the	DET
fsr-3399	165	13	steadiest	steady	ADJ
fsr-3399	165	14	performer	performer	NOUN
fsr-3399	165	15	while	while	SCONJ
fsr-3399	165	16	the	the	DET
fsr-3399	165	17	small	small	ADJ
fsr-3399	165	18	-	-	PUNCT
fsr-3399	165	19	cap	cap	NOUN
fsr-3399	165	20	fund	fund	NOUN
fsr-3399	165	21	shows	show	VERB
fsr-3399	165	22	the	the	DET
fsr-3399	165	23	most	most	ADJ
fsr-3399	165	24	fluctuation	fluctuation	NOUN
fsr-3399	165	25	.	.	PUNCT
fsr-3399	166	1	to	to	PART
fsr-3399	166	2	test	test	VERB
fsr-3399	166	3	for	for	ADP
fsr-3399	166	4	differences	difference	NOUN
fsr-3399	166	5	,	,	PUNCT
fsr-3399	166	6	the	the	DET
fsr-3399	166	7	nonparametric	nonparametric	NOUN
fsr-3399	166	8	wilcoxon	wilcoxon	VERB
fsr-3399	166	9	signed	sign	VERB
fsr-3399	166	10	-	-	PUNCT
fsr-3399	166	11	rank	rank	NOUN
fsr-3399	166	12	test	test	NOUN
fsr-3399	166	13	comes	come	VERB
fsr-3399	166	14	into	into	ADP
fsr-3399	166	15	focus	focus	NOUN
fsr-3399	166	16	.	.	PUNCT
fsr-3399	167	1	anderson	anderson	PROPN
fsr-3399	167	2	and	and	CCONJ
fsr-3399	167	3	loviscek	loviscek	PROPN
fsr-3399	167	4	(	(	PUNCT
fsr-3399	167	5	2005	2005	NUM
fsr-3399	167	6	)	)	PUNCT
fsr-3399	167	7	,	,	PUNCT
fsr-3399	167	8	derrick	derrick	PROPN
fsr-3399	167	9	and	and	CCONJ
fsr-3399	167	10	white	white	ADJ
fsr-3399	167	11	(	(	PUNCT
fsr-3399	167	12	2017	2017	NUM
fsr-3399	167	13	)	)	PUNCT
fsr-3399	167	14	,	,	PUNCT
fsr-3399	167	15	and	and	CCONJ
fsr-3399	167	16	higgins	higgins	PROPN
fsr-3399	167	17	and	and	CCONJ
fsr-3399	167	18	peterson	peterson	PROPN
fsr-3399	167	19	(	(	PUNCT
fsr-3399	167	20	1998	1998	NUM
fsr-3399	167	21	)	)	PUNCT
fsr-3399	167	22	show	show	VERB
fsr-3399	167	23	its	its	PRON
fsr-3399	167	24	power	power	NOUN
fsr-3399	167	25	for	for	ADP
fsr-3399	167	26	pairwise	pairwise	NOUN
fsr-3399	167	27	tests	test	NOUN
fsr-3399	167	28	.	.	PUNCT
fsr-3399	168	1	moreover	moreover	ADV
fsr-3399	168	2	,	,	PUNCT
fsr-3399	168	3	it	it	PRON
fsr-3399	168	4	is	be	AUX
fsr-3399	168	5	more	more	ADV
fsr-3399	168	6	robust	robust	ADJ
fsr-3399	168	7	with	with	ADP
fsr-3399	168	8	respect	respect	NOUN
fsr-3399	168	9	to	to	ADP
fsr-3399	168	10	outliers	outlier	NOUN
fsr-3399	168	11	(	(	PUNCT
fsr-3399	168	12	e.g.	e.g.	ADV
fsr-3399	168	13	,	,	PUNCT
fsr-3399	168	14	the	the	DET
fsr-3399	168	15	large	large	ADJ
fsr-3399	168	16	drop	drop	NOUN
fsr-3399	168	17	in	in	ADP
fsr-3399	168	18	stock	stock	NOUN
fsr-3399	168	19	returns	return	NOUN
fsr-3399	168	20	during	during	ADP
fsr-3399	168	21	the	the	DET
fsr-3399	168	22	financial	financial	ADJ
fsr-3399	168	23	crisis	crisis	NOUN
fsr-3399	168	24	of	of	ADP
fsr-3399	168	25	2008–2009	2008–2009	NUM
fsr-3399	168	26	)	)	PUNCT
fsr-3399	168	27	and	and	CCONJ
fsr-3399	168	28	heavy	heavy	ADJ
fsr-3399	168	29	-	-	PUNCT
fsr-3399	168	30	tail	tail	NOUN
fsr-3399	168	31	distributions	distribution	NOUN
fsr-3399	168	32	than	than	ADP
fsr-3399	168	33	the	the	DET
fsr-3399	168	34	“	"	PUNCT
fsr-3399	168	35	t	t	PROPN
fsr-3399	168	36	”	"	PUNCT
fsr-3399	168	37	test	test	NOUN
fsr-3399	168	38	.	.	PUNCT
fsr-3399	169	1	under	under	ADP
fsr-3399	169	2	the	the	DET
fsr-3399	169	3	null	null	ADJ
fsr-3399	169	4	hypothesis	hypothesis	NOUN
fsr-3399	169	5	that	that	PRON
fsr-3399	169	6	no	no	DET
fsr-3399	169	7	difference	difference	NOUN
fsr-3399	169	8	exists	exist	VERB
fsr-3399	169	9	in	in	ADP
fsr-3399	169	10	the	the	DET
fsr-3399	169	11	average	average	NOUN
fsr-3399	169	12	signed	sign	VERB
fsr-3399	169	13	ranks	rank	NOUN
fsr-3399	169	14	of	of	ADP
fsr-3399	169	15	the	the	DET
fsr-3399	169	16	returns	return	NOUN
fsr-3399	169	17	between	between	ADP
fsr-3399	169	18	the	the	DET
fsr-3399	169	19	switching	switch	VERB
fsr-3399	169	20	strategy	strategy	NOUN
fsr-3399	169	21	and	and	CCONJ
fsr-3399	169	22	the	the	DET
fsr-3399	169	23	buy	buy	VERB
fsr-3399	169	24	-	-	PUNCT
fsr-3399	169	25	and	and	CCONJ
fsr-3399	169	26	-	-	PUNCT
fsr-3399	169	27	hold	hold	VERB
fsr-3399	169	28	strategy	strategy	NOUN
fsr-3399	169	29	leads	lead	VERB
fsr-3399	169	30	to	to	ADP
fsr-3399	169	31	the	the	DET
fsr-3399	169	32	following	follow	VERB
fsr-3399	169	33	“	"	PUNCT
fsr-3399	169	34	z	z	ADJ
fsr-3399	169	35	”	"	PUNCT
fsr-3399	169	36	statistics	statistic	NOUN
fsr-3399	169	37	and	and	CCONJ
fsr-3399	169	38	“	"	PUNCT
fsr-3399	169	39	p	p	X
fsr-3399	169	40	-	-	PUNCT
fsr-3399	169	41	values	value	NOUN
fsr-3399	169	42	”	"	PUNCT
fsr-3399	169	43	for	for	ADP
fsr-3399	169	44	each	each	PRON
fsr-3399	169	45	of	of	ADP
fsr-3399	169	46	the	the	DET
fsr-3399	169	47	four	four	NUM
fsr-3399	169	48	funds	fund	NOUN
fsr-3399	169	49	:	:	PUNCT
fsr-3399	169	50	table	table	NOUN
fsr-3399	169	51	3	3	NUM
fsr-3399	169	52	this	this	DET
fsr-3399	169	53	table	table	NOUN
fsr-3399	169	54	provides	provide	VERB
fsr-3399	169	55	the	the	DET
fsr-3399	169	56	annual	annual	ADJ
fsr-3399	169	57	rates	rate	NOUN
fsr-3399	169	58	of	of	ADP
fsr-3399	169	59	return	return	NOUN
fsr-3399	169	60	for	for	ADP
fsr-3399	169	61	the	the	DET
fsr-3399	169	62	switching	switch	VERB
fsr-3399	169	63	strategy	strategy	NOUN
fsr-3399	169	64	for	for	ADP
fsr-3399	169	65	each	each	PRON
fsr-3399	169	66	of	of	ADP
fsr-3399	169	67	the	the	DET
fsr-3399	169	68	four	four	NUM
fsr-3399	169	69	funds	fund	NOUN
fsr-3399	169	70	,	,	PUNCT
fsr-3399	169	71	november	november	PROPN
fsr-3399	169	72	1	1	NUM
fsr-3399	169	73	,	,	PUNCT
fsr-3399	169	74	1986	1986	NUM
fsr-3399	169	75	to	to	ADP
fsr-3399	169	76	october	october	PROPN
fsr-3399	169	77	31	31	NUM
fsr-3399	169	78	,	,	PUNCT
fsr-3399	169	79	2016	2016	NUM
fsr-3399	169	80	large	large	ADJ
fsr-3399	169	81	-	-	PUNCT
fsr-3399	169	82	cap	cap	NOUN
fsr-3399	169	83	fund	fund	NOUN
fsr-3399	169	84	small	small	ADJ
fsr-3399	169	85	-	-	PUNCT
fsr-3399	169	86	cap	cap	NOUN
fsr-3399	169	87	fund	fund	NOUN
fsr-3399	169	88	mid	mid	ADJ
fsr-3399	169	89	-	-	PROPN
fsr-3399	169	90	cap	cap	ADJ
fsr-3399	169	91	fund	fund	NOUN
fsr-3399	169	92	balanced	balanced	ADJ
fsr-3399	169	93	fund	fund	NOUN
fsr-3399	169	94	1986	1986	NUM
fsr-3399	169	95	11.42	11.42	NUM
fsr-3399	169	96	%	%	NOUN
fsr-3399	169	97	18.93	18.93	NUM
fsr-3399	169	98	%	%	NOUN
fsr-3399	169	99	19.98	19.98	NUM
fsr-3399	169	100	%	%	NOUN
fsr-3399	169	101	�	�	NOUN
fsr-3399	169	102	1.16	1.16	NUM
fsr-3399	169	103	%	%	NOUN
fsr-3399	169	104	1987	1987	NUM
fsr-3399	169	105	6.04	6.04	NUM
fsr-3399	169	106	20.74	20.74	NUM
fsr-3399	169	107	22.57	22.57	NUM
fsr-3399	169	108	6.64	6.64	NUM
fsr-3399	169	109	1988	1988	NUM
fsr-3399	169	110	10.88	10.88	NUM
fsr-3399	169	111	21.59	21.59	NUM
fsr-3399	169	112	15.61	15.61	NUM
fsr-3399	169	113	6.38	6.38	NUM
fsr-3399	169	114	1989	1989	NUM
fsr-3399	169	115	�	�	PROPN
fsr-3399	169	116	0.58	0.58	NUM
fsr-3399	169	117	�	�	NOUN
fsr-3399	169	118	5.34	5.34	NUM
fsr-3399	169	119	0.00	0.00	NUM
fsr-3399	169	120	�	�	NOUN
fsr-3399	169	121	1.10	1.10	NUM
fsr-3399	169	122	1990	1990	NUM
fsr-3399	169	123	25.98	25.98	NUM
fsr-3399	169	124	41.66	41.66	NUM
fsr-3399	169	125	29.77	29.77	NUM
fsr-3399	169	126	12.94	12.94	NUM
fsr-3399	169	127	1991	1991	NUM
fsr-3399	169	128	7.55	7.55	NUM
fsr-3399	169	129	5.71	5.71	NUM
fsr-3399	169	130	5.46	5.46	NUM
fsr-3399	169	131	3.98	3.98	NUM
fsr-3399	169	132	1992	1992	NUM
fsr-3399	169	133	6.82	6.82	NUM
fsr-3399	169	134	9.09	9.09	NUM
fsr-3399	169	135	11.58	11.58	NUM
fsr-3399	169	136	10.20	10.20	NUM
fsr-3399	169	137	1993	1993	NUM
fsr-3399	169	138	�	�	PROPN
fsr-3399	169	139	2.00	2.00	NUM
fsr-3399	169	140	�	�	PROPN
fsr-3399	169	141	0.68	0.68	NUM
fsr-3399	169	142	�	�	PROPN
fsr-3399	169	143	1.93	1.93	NUM
fsr-3399	169	144	�	�	PROPN
fsr-3399	169	145	5.30	5.30	NUM
fsr-3399	169	146	1994	1994	NUM
fsr-3399	169	147	10.94	10.94	NUM
fsr-3399	169	148	2.05	2.05	NUM
fsr-3399	169	149	4.97	4.97	NUM
fsr-3399	169	150	9.41	9.41	NUM
fsr-3399	169	151	1995	1995	NUM
fsr-3399	169	152	14.26	14.26	NUM
fsr-3399	169	153	25.10	25.10	NUM
fsr-3399	169	154	15.73	15.73	NUM
fsr-3399	169	155	4.11	4.11	NUM
fsr-3399	169	156	1996	1996	NUM
fsr-3399	169	157	15.20	15.20	NUM
fsr-3399	169	158	5.60	5.60	NUM
fsr-3399	169	159	�	�	NOUN
fsr-3399	169	160	0.61	0.61	NUM
fsr-3399	169	161	4.38	4.38	NUM
fsr-3399	169	162	1997	1997	NUM
fsr-3399	169	163	22.93	22.93	NUM
fsr-3399	169	164	13.67	13.67	NUM
fsr-3399	169	165	12.66	12.66	NUM
fsr-3399	169	166	9.65	9.65	NUM
fsr-3399	169	167	1998	1998	NUM
fsr-3399	169	168	22.87	22.87	NUM
fsr-3399	169	169	43.24	43.24	NUM
fsr-3399	169	170	25.59	25.59	NUM
fsr-3399	169	171	3.84	3.84	NUM
fsr-3399	169	172	1999	1999	NUM
fsr-3399	169	173	7.82	7.82	NUM
fsr-3399	169	174	6.23	6.23	NUM
fsr-3399	169	175	28.90	28.90	NUM
fsr-3399	169	176	0.37	0.37	NUM
fsr-3399	169	177	2000	2000	NUM
fsr-3399	169	178	�	�	PROPN
fsr-3399	169	179	11.84	11.84	NUM
fsr-3399	169	180	�	�	PROPN
fsr-3399	169	181	3.92	3.92	NUM
fsr-3399	169	182	�	�	PROPN
fsr-3399	169	183	7.73	7.73	NUM
fsr-3399	169	184	8.83	8.83	NUM
fsr-3399	169	185	2001	2001	NUM
fsr-3399	169	186	2.39	2.39	NUM
fsr-3399	169	187	28.97	28.97	NUM
fsr-3399	169	188	19.20	19.20	NUM
fsr-3399	169	189	3.59	3.59	NUM
fsr-3399	169	190	2002	2002	NUM
fsr-3399	169	191	4.50	4.50	NUM
fsr-3399	169	192	11.91	11.91	NUM
fsr-3399	169	193	1.48	1.48	NUM
fsr-3399	169	194	5.13	5.13	NUM
fsr-3399	169	195	2003	2003	NUM
fsr-3399	169	196	6.32	6.32	NUM
fsr-3399	169	197	4.03	4.03	NUM
fsr-3399	169	198	7.25	7.25	NUM
fsr-3399	169	199	4.19	4.19	NUM
fsr-3399	169	200	2004	2004	NUM
fsr-3399	169	201	3.54	3.54	NUM
fsr-3399	169	202	6.63	6.63	NUM
fsr-3399	169	203	3.84	3.84	NUM
fsr-3399	169	204	3.85	3.85	NUM
fsr-3399	169	205	2005	2005	NUM
fsr-3399	169	206	10.05	10.05	NUM
fsr-3399	169	207	12.73	12.73	NUM
fsr-3399	169	208	14.68	14.68	NUM
fsr-3399	169	209	4.15	4.15	NUM
fsr-3399	169	210	2006	2006	NUM
fsr-3399	169	211	8.95	8.95	NUM
fsr-3399	169	212	17.17	17.17	NUM
fsr-3399	169	213	11.56	11.56	NUM
fsr-3399	169	214	6.09	6.09	NUM
fsr-3399	169	215	2007	2007	NUM
fsr-3399	169	216	�	�	PROPN
fsr-3399	169	217	9.56	9.56	NUM
fsr-3399	169	218	�	�	PROPN
fsr-3399	169	219	23.85	23.85	NUM
fsr-3399	169	220	�	�	PROPN
fsr-3399	169	221	11.93	11.93	NUM
fsr-3399	169	222	�	�	PROPN
fsr-3399	169	223	1.13	1.13	NUM
fsr-3399	169	224	2008	2008	NUM
fsr-3399	169	225	�	�	PROPN
fsr-3399	169	226	8.50	8.50	NUM
fsr-3399	169	227	3.53	3.53	NUM
fsr-3399	169	228	�	�	PROPN
fsr-3399	169	229	3.83	3.83	NUM
fsr-3399	169	230	0.99	0.99	NUM
fsr-3399	169	231	2009	2009	NUM
fsr-3399	169	232	15.64	15.64	NUM
fsr-3399	169	233	27.78	27.78	NUM
fsr-3399	169	234	21.21	21.21	NUM
fsr-3399	169	235	7.67	7.67	NUM
fsr-3399	169	236	2010	2010	NUM
fsr-3399	169	237	16.28	16.28	NUM
fsr-3399	169	238	16.87	16.87	NUM
fsr-3399	169	239	20.81	20.81	NUM
fsr-3399	169	240	5.98	5.98	NUM
fsr-3399	169	241	2011	2011	NUM
fsr-3399	169	242	12.71	12.71	NUM
fsr-3399	169	243	13.30	13.30	NUM
fsr-3399	169	244	11.06	11.06	NUM
fsr-3399	169	245	6.72	6.72	NUM
fsr-3399	169	246	2012	2012	NUM
fsr-3399	169	247	14.33	14.33	NUM
fsr-3399	169	248	18.77	18.77	NUM
fsr-3399	169	249	21.15	21.15	NUM
fsr-3399	169	250	6.55	6.55	NUM
fsr-3399	169	251	2013	2013	NUM
fsr-3399	169	252	8.26	8.26	NUM
fsr-3399	169	253	6.09	6.09	NUM
fsr-3399	169	254	7.08	7.08	NUM
fsr-3399	169	255	5.51	5.51	NUM
fsr-3399	169	256	2014	2014	NUM
fsr-3399	169	257	4.35	4.35	NUM
fsr-3399	169	258	3.16	3.16	NUM
fsr-3399	169	259	7.55	7.55	NUM
fsr-3399	169	260	2.96	2.96	NUM
fsr-3399	169	261	2015	2015	NUM
fsr-3399	169	262	�	�	PROPN
fsr-3399	169	263	0.65	0.65	NUM
fsr-3399	169	264	2.62	2.62	NUM
fsr-3399	169	265	�	�	NOUN
fsr-3399	169	266	2.15	2.15	NUM
fsr-3399	169	267	3.24	3.24	NUM
fsr-3399	169	268	for	for	ADP
fsr-3399	169	269	example	example	NOUN
fsr-3399	169	270	,	,	PUNCT
fsr-3399	169	271	11.42	11.42	NUM
fsr-3399	169	272	%	%	NOUN
fsr-3399	169	273	represents	represent	VERB
fsr-3399	169	274	the	the	DET
fsr-3399	169	275	rate	rate	NOUN
fsr-3399	169	276	of	of	ADP
fsr-3399	169	277	return	return	NOUN
fsr-3399	169	278	on	on	ADP
fsr-3399	169	279	the	the	DET
fsr-3399	169	280	large	large	ADJ
fsr-3399	169	281	-	-	PUNCT
fsr-3399	169	282	cap	cap	NOUN
fsr-3399	169	283	fund	fund	NOUN
fsr-3399	169	284	from	from	ADP
fsr-3399	169	285	november	november	PROPN
fsr-3399	169	286	1	1	NUM
fsr-3399	169	287	,	,	PUNCT
fsr-3399	169	288	1986	1986	NUM
fsr-3399	169	289	to	to	ADP
fsr-3399	169	290	april	april	PROPN
fsr-3399	169	291	30	30	NUM
fsr-3399	169	292	,	,	PUNCT
fsr-3399	169	293	1987	1987	NUM
fsr-3399	169	294	,	,	PUNCT
fsr-3399	169	295	followed	follow	VERB
fsr-3399	169	296	by	by	ADP
fsr-3399	169	297	the	the	DET
fsr-3399	169	298	switch	switch	NOUN
fsr-3399	169	299	into	into	ADP
fsr-3399	169	300	three	three	NUM
fsr-3399	169	301	-	-	PUNCT
fsr-3399	169	302	month	month	NOUN
fsr-3399	169	303	u.s	u.s	PROPN
fsr-3399	169	304	.	.	PROPN
fsr-3399	169	305	treasury	treasury	PROPN
fsr-3399	169	306	bills	bill	NOUN
fsr-3399	169	307	from	from	ADP
fsr-3399	169	308	may	may	PROPN
fsr-3399	169	309	1	1	NUM
fsr-3399	169	310	,	,	PUNCT
fsr-3399	169	311	1987	1987	NUM
fsr-3399	169	312	to	to	ADP
fsr-3399	169	313	october	october	PROPN
fsr-3399	169	314	31	31	NUM
fsr-3399	169	315	,	,	PUNCT
fsr-3399	169	316	1987	1987	NUM
fsr-3399	169	317	.	.	PUNCT
fsr-3399	170	1	311a	311a	NOUN
fsr-3399	170	2	.	.	PUNCT
fsr-3399	171	1	loviscek	loviscek	NOUN
fsr-3399	171	2	,	,	PUNCT
fsr-3399	171	3	a.	a.	NOUN
fsr-3399	171	4	broder	broder	PROPN
fsr-3399	171	5	/	/	SYM
fsr-3399	171	6	financial	financial	ADJ
fsr-3399	171	7	services	service	NOUN
fsr-3399	171	8	review	review	VERB
fsr-3399	171	9	27	27	NUM
fsr-3399	171	10	(	(	PUNCT
fsr-3399	171	11	2018	2018	NUM
fsr-3399	171	12	)	)	PUNCT
fsr-3399	171	13	303	303	NUM
fsr-3399	171	14	-	-	SYM
fsr-3399	171	15	322	322	NUM
fsr-3399	171	16	the	the	DET
fsr-3399	171	17	results	result	NOUN
fsr-3399	171	18	indicate	indicate	VERB
fsr-3399	171	19	that	that	SCONJ
fsr-3399	171	20	the	the	DET
fsr-3399	171	21	buy	buy	VERB
fsr-3399	171	22	-	-	PUNCT
fsr-3399	171	23	and	and	CCONJ
fsr-3399	171	24	-	-	PUNCT
fsr-3399	171	25	hold	hold	VERB
fsr-3399	171	26	strategy	strategy	NOUN
fsr-3399	171	27	for	for	ADP
fsr-3399	171	28	the	the	DET
fsr-3399	171	29	large	large	ADJ
fsr-3399	171	30	-	-	PUNCT
fsr-3399	171	31	cap	cap	NOUN
fsr-3399	171	32	fund	fund	NOUN
fsr-3399	171	33	,	,	PUNCT
fsr-3399	171	34	which	which	PRON
fsr-3399	171	35	registers	register	VERB
fsr-3399	171	36	higher	high	ADJ
fsr-3399	171	37	returns	return	NOUN
fsr-3399	171	38	than	than	ADP
fsr-3399	171	39	the	the	DET
fsr-3399	171	40	switching	switch	VERB
fsr-3399	171	41	strategy	strategy	NOUN
fsr-3399	171	42	in	in	ADP
fsr-3399	171	43	22	22	NUM
fsr-3399	171	44	of	of	ADP
fsr-3399	171	45	the	the	DET
fsr-3399	171	46	30	30	NUM
fsr-3399	171	47	years	year	NOUN
fsr-3399	171	48	,	,	PUNCT
fsr-3399	171	49	and	and	CCONJ
fsr-3399	171	50	that	that	SCONJ
fsr-3399	171	51	for	for	ADP
fsr-3399	171	52	the	the	DET
fsr-3399	171	53	balanced	balanced	ADJ
fsr-3399	171	54	fund	fund	NOUN
fsr-3399	171	55	,	,	PUNCT
fsr-3399	171	56	which	which	PRON
fsr-3399	171	57	outperforms	outperform	VERB
fsr-3399	171	58	it	it	PRON
fsr-3399	171	59	in	in	ADP
fsr-3399	171	60	25	25	NUM
fsr-3399	171	61	of	of	ADP
fsr-3399	171	62	the	the	DET
fsr-3399	171	63	30	30	NUM
fsr-3399	171	64	years	year	NOUN
fsr-3399	171	65	,	,	PUNCT
fsr-3399	171	66	display	display	VERB
fsr-3399	171	67	significant	significant	ADJ
fsr-3399	171	68	results	result	NOUN
fsr-3399	171	69	at	at	ADP
fsr-3399	171	70	the	the	DET
fsr-3399	171	71	5	5	NUM
fsr-3399	171	72	%	%	NOUN
fsr-3399	171	73	level	level	NOUN
fsr-3399	171	74	.	.	PUNCT
fsr-3399	172	1	no	no	DET
fsr-3399	172	2	significant	significant	ADJ
fsr-3399	172	3	difference	difference	NOUN
fsr-3399	172	4	appears	appear	VERB
fsr-3399	172	5	to	to	PART
fsr-3399	172	6	exist	exist	VERB
fsr-3399	172	7	for	for	ADP
fsr-3399	172	8	the	the	DET
fsr-3399	172	9	small	small	ADJ
fsr-3399	172	10	-	-	PUNCT
fsr-3399	172	11	cap	cap	NOUN
fsr-3399	172	12	and	and	CCONJ
fsr-3399	172	13	mid	mid	ADJ
fsr-3399	172	14	-	-	ADJ
fsr-3399	172	15	cap	cap	ADJ
fsr-3399	172	16	funds	fund	NOUN
fsr-3399	172	17	.	.	PUNCT
fsr-3399	173	1	thus	thus	ADV
fsr-3399	173	2	,	,	PUNCT
fsr-3399	173	3	at	at	ADP
fsr-3399	173	4	this	this	DET
fsr-3399	173	5	level	level	NOUN
fsr-3399	173	6	of	of	ADP
fsr-3399	173	7	analysis	analysis	NOUN
fsr-3399	173	8	,	,	PUNCT
fsr-3399	173	9	the	the	DET
fsr-3399	173	10	buy	buy	VERB
fsr-3399	173	11	-	-	PUNCT
fsr-3399	173	12	and	and	CCONJ
fsr-3399	173	13	-	-	PUNCT
fsr-3399	173	14	hold	hold	VERB
fsr-3399	173	15	approach	approach	NOUN
fsr-3399	173	16	appears	appear	VERB
fsr-3399	173	17	preferable	preferable	ADJ
fsr-3399	173	18	to	to	ADP
fsr-3399	173	19	the	the	DET
fsr-3399	173	20	switching	switch	VERB
fsr-3399	173	21	strategy	strategy	NOUN
fsr-3399	173	22	for	for	ADP
fsr-3399	173	23	the	the	DET
fsr-3399	173	24	large	large	ADJ
fsr-3399	173	25	-	-	PUNCT
fsr-3399	173	26	cap	cap	NOUN
fsr-3399	173	27	and	and	CCONJ
fsr-3399	173	28	balanced	balanced	ADJ
fsr-3399	173	29	funds	fund	NOUN
fsr-3399	173	30	for	for	ADP
fsr-3399	173	31	investors	investor	NOUN
fsr-3399	173	32	who	who	PRON
fsr-3399	173	33	can	can	AUX
fsr-3399	173	34	tolerate	tolerate	VERB
fsr-3399	173	35	the	the	DET
fsr-3399	173	36	higher	high	ADJ
fsr-3399	173	37	risks	risk	NOUN
fsr-3399	173	38	of	of	ADP
fsr-3399	173	39	not	not	PART
fsr-3399	173	40	switching	switch	VERB
fsr-3399	173	41	to	to	ADP
fsr-3399	173	42	u.s	u.s	PROPN
fsr-3399	173	43	.	.	PROPN
fsr-3399	173	44	treasury	treasury	PROPN
fsr-3399	173	45	bills	bill	NOUN
fsr-3399	173	46	.	.	PUNCT
fsr-3399	174	1	for	for	ADP
fsr-3399	174	2	investors	investor	NOUN
fsr-3399	174	3	holding	hold	VERB
fsr-3399	174	4	the	the	DET
fsr-3399	174	5	small	small	ADJ
fsr-3399	174	6	-	-	PUNCT
fsr-3399	174	7	cap	cap	NOUN
fsr-3399	174	8	and	and	CCONJ
fsr-3399	174	9	mid	mid	ADJ
fsr-3399	174	10	-	-	ADJ
fsr-3399	174	11	cap	cap	ADJ
fsr-3399	174	12	tests	test	NOUN
fsr-3399	174	13	of	of	ADP
fsr-3399	174	14	return	return	NOUN
fsr-3399	174	15	differences	difference	NOUN
fsr-3399	174	16	:	:	PUNCT
fsr-3399	174	17	switching	switch	VERB
fsr-3399	174	18	strategy	strategy	NOUN
fsr-3399	174	19	vs.	vs.	ADP
fsr-3399	174	20	buy	buy	NOUN
fsr-3399	174	21	-	-	PUNCT
fsr-3399	174	22	and	and	CCONJ
fsr-3399	174	23	-	-	PUNCT
fsr-3399	174	24	hold	hold	VERB
fsr-3399	174	25	approach	approach	NOUN
fsr-3399	174	26	large	large	ADJ
fsr-3399	174	27	-	-	PUNCT
fsr-3399	174	28	cap	cap	NOUN
fsr-3399	174	29	:	:	PUNCT
fsr-3399	174	30	z	z	PROPN
fsr-3399	174	31	�	�	PROPN
fsr-3399	174	32	�	�	PROPN
fsr-3399	174	33	1.84	1.84	NUM
fsr-3399	174	34	;	;	PUNCT
fsr-3399	174	35	p	p	PROPN
fsr-3399	174	36	�	�	PROPN
fsr-3399	174	37	0.03	0.03	NUM
fsr-3399	174	38	small	small	ADJ
fsr-3399	174	39	-	-	PUNCT
fsr-3399	174	40	cap	cap	NOUN
fsr-3399	174	41	:	:	PUNCT
fsr-3399	174	42	z	z	PROPN
fsr-3399	174	43	�	�	PROPN
fsr-3399	174	44	�	�	PROPN
fsr-3399	174	45	0.31	0.31	NUM
fsr-3399	174	46	;	;	PUNCT
fsr-3399	174	47	p	p	PROPN
fsr-3399	174	48	�	�	PROPN
fsr-3399	174	49	0.37	0.37	NUM
fsr-3399	174	50	mid	mid	NOUN
fsr-3399	174	51	-	-	NOUN
fsr-3399	174	52	cap	cap	NOUN
fsr-3399	174	53	:	:	PUNCT
fsr-3399	174	54	z	z	PROPN
fsr-3399	174	55	�	�	PROPN
fsr-3399	174	56	�	�	PROPN
fsr-3399	174	57	0.84	0.84	NUM
fsr-3399	174	58	;	;	PUNCT
fsr-3399	174	59	p	p	PROPN
fsr-3399	174	60	�	�	PROPN
fsr-3399	174	61	0.20	0.20	NUM
fsr-3399	174	62	balanced	balanced	ADJ
fsr-3399	174	63	:	:	PUNCT
fsr-3399	174	64	z	z	PROPN
fsr-3399	174	65	�	�	PROPN
fsr-3399	174	66	�	�	PROPN
fsr-3399	174	67	3.61	3.61	NUM
fsr-3399	174	68	;	;	PUNCT
fsr-3399	174	69	p	p	PROPN
fsr-3399	174	70	�	�	PROPN
fsr-3399	174	71	0.00	0.00	NUM
fsr-3399	174	72	table	table	NOUN
fsr-3399	174	73	4	4	NUM
fsr-3399	174	74	this	this	DET
fsr-3399	174	75	table	table	NOUN
fsr-3399	174	76	provides	provide	VERB
fsr-3399	174	77	the	the	DET
fsr-3399	174	78	annual	annual	ADJ
fsr-3399	174	79	rates	rate	NOUN
fsr-3399	174	80	of	of	ADP
fsr-3399	174	81	return	return	NOUN
fsr-3399	174	82	for	for	ADP
fsr-3399	174	83	the	the	DET
fsr-3399	174	84	buy	buy	VERB
fsr-3399	174	85	-	-	PUNCT
fsr-3399	174	86	and	and	CCONJ
fsr-3399	174	87	-	-	PUNCT
fsr-3399	174	88	hold	hold	VERB
fsr-3399	174	89	strategy	strategy	NOUN
fsr-3399	174	90	for	for	ADP
fsr-3399	174	91	each	each	PRON
fsr-3399	174	92	of	of	ADP
fsr-3399	174	93	the	the	DET
fsr-3399	174	94	four	four	NUM
fsr-3399	174	95	funds	fund	NOUN
fsr-3399	174	96	,	,	PUNCT
fsr-3399	174	97	november	november	PROPN
fsr-3399	174	98	1	1	NUM
fsr-3399	174	99	,	,	PUNCT
fsr-3399	174	100	1986	1986	NUM
fsr-3399	174	101	to	to	ADP
fsr-3399	174	102	october	october	PROPN
fsr-3399	174	103	31	31	NUM
fsr-3399	174	104	,	,	PUNCT
fsr-3399	174	105	2016	2016	NUM
fsr-3399	174	106	large	large	ADJ
fsr-3399	174	107	-	-	PUNCT
fsr-3399	174	108	cap	cap	NOUN
fsr-3399	174	109	fund	fund	NOUN
fsr-3399	174	110	small	small	ADJ
fsr-3399	174	111	-	-	PUNCT
fsr-3399	174	112	cap	cap	NOUN
fsr-3399	174	113	fund	fund	NOUN
fsr-3399	174	114	mid	mid	ADJ
fsr-3399	174	115	-	-	PROPN
fsr-3399	174	116	cap	cap	ADJ
fsr-3399	174	117	fund	fund	NOUN
fsr-3399	174	118	balanced	balanced	ADJ
fsr-3399	174	119	fund	fund	PROPN
fsr-3399	174	120	1986	1986	NUM
fsr-3399	174	121	�	�	PROPN
fsr-3399	174	122	2.01	2.01	NUM
fsr-3399	174	123	%	%	NOUN
fsr-3399	174	124	�	�	PROPN
fsr-3399	174	125	17.54	17.54	NUM
fsr-3399	174	126	%	%	NOUN
fsr-3399	174	127	�	�	PROPN
fsr-3399	174	128	8.13	8.13	NUM
fsr-3399	174	129	%	%	NOUN
fsr-3399	174	130	�	�	PROPN
fsr-3399	174	131	3.93	3.93	NUM
fsr-3399	174	132	%	%	NOUN
fsr-3399	174	133	1987	1987	NUM
fsr-3399	174	134	14.51	14.51	NUM
fsr-3399	174	135	20.45	20.45	NUM
fsr-3399	174	136	23.47	23.47	NUM
fsr-3399	174	137	15.53	15.53	NUM
fsr-3399	174	138	1988	1988	NUM
fsr-3399	174	139	22.96	22.96	NUM
fsr-3399	174	140	37.60	37.60	NUM
fsr-3399	174	141	28.07	28.07	NUM
fsr-3399	174	142	17.05	17.05	NUM
fsr-3399	174	143	1989	1989	NUM
fsr-3399	174	144	�	�	PROPN
fsr-3399	174	145	7.62	7.62	NUM
fsr-3399	174	146	�	�	PROPN
fsr-3399	174	147	14.68	14.68	NUM
fsr-3399	174	148	�	�	PROPN
fsr-3399	174	149	14.03	14.03	NUM
fsr-3399	174	150	0.90	0.90	NUM
fsr-3399	174	151	1990	1990	NUM
fsr-3399	174	152	33.10	33.10	NUM
fsr-3399	174	153	53.06	53.06	NUM
fsr-3399	174	154	49.40	49.40	NUM
fsr-3399	174	155	22.07	22.07	NUM
fsr-3399	174	156	1991	1991	NUM
fsr-3399	174	157	9.78	9.78	NUM
fsr-3399	174	158	8.05	8.05	NUM
fsr-3399	174	159	6.22	6.22	NUM
fsr-3399	174	160	11.27	11.27	NUM
fsr-3399	174	161	1992	1992	NUM
fsr-3399	174	162	14.75	14.75	NUM
fsr-3399	174	163	32.80	32.80	NUM
fsr-3399	174	164	27.53	27.53	NUM
fsr-3399	174	165	19.40	19.40	NUM
fsr-3399	174	166	1993	1993	NUM
fsr-3399	174	167	3.72	3.72	NUM
fsr-3399	174	168	�	�	PROPN
fsr-3399	174	169	6.20	6.20	NUM
fsr-3399	174	170	1.20	1.20	NUM
fsr-3399	174	171	�	�	PROPN
fsr-3399	174	172	5.36	5.36	NUM
fsr-3399	174	173	1994	1994	NUM
fsr-3399	174	174	26.27	26.27	NUM
fsr-3399	174	175	9.01	9.01	NUM
fsr-3399	174	176	20.53	20.53	NUM
fsr-3399	174	177	21.68	21.68	NUM
fsr-3399	174	178	1995	1995	NUM
fsr-3399	174	179	23.98	23.98	NUM
fsr-3399	174	180	26.01	26.01	NUM
fsr-3399	174	181	17.89	17.89	NUM
fsr-3399	174	182	12.87	12.87	NUM
fsr-3399	174	183	1996	1996	NUM
fsr-3399	174	184	32.00	32.00	NUM
fsr-3399	174	185	33.93	33.93	NUM
fsr-3399	174	186	26.78	26.78	NUM
fsr-3399	174	187	17.84	17.84	NUM
fsr-3399	174	188	1997	1997	NUM
fsr-3399	174	189	21.92	21.92	NUM
fsr-3399	174	190	�	�	PROPN
fsr-3399	174	191	5.61	5.61	NUM
fsr-3399	174	192	�	�	NOUN
fsr-3399	174	193	15.14	15.14	NUM
fsr-3399	174	194	13.48	13.48	NUM
fsr-3399	174	195	1998	1998	NUM
fsr-3399	174	196	25.66	25.66	NUM
fsr-3399	174	197	57.51	57.51	NUM
fsr-3399	174	198	30.65	30.65	NUM
fsr-3399	174	199	0.32	0.32	NUM
fsr-3399	174	200	1999	1999	NUM
fsr-3399	174	201	6.21	6.21	NUM
fsr-3399	174	202	9.06	9.06	NUM
fsr-3399	174	203	31.07	31.07	NUM
fsr-3399	174	204	8.71	8.71	NUM
fsr-3399	174	205	2000	2000	NUM
fsr-3399	174	206	�	�	PROPN
fsr-3399	174	207	25.00	25.00	NUM
fsr-3399	174	208	�	�	PROPN
fsr-3399	174	209	24.95	24.95	NUM
fsr-3399	174	210	�	�	NOUN
fsr-3399	174	211	21.40	21.40	NUM
fsr-3399	174	212	12.01	12.01	NUM
fsr-3399	174	213	2001	2001	NUM
fsr-3399	174	214	�	�	PROPN
fsr-3399	174	215	15.16	15.16	NUM
fsr-3399	174	216	9.15	9.15	NUM
fsr-3399	174	217	�	�	PROPN
fsr-3399	174	218	0.37	0.37	NUM
fsr-3399	174	219	2.10	2.10	NUM
fsr-3399	174	220	2002	2002	NUM
fsr-3399	174	221	20.63	20.63	NUM
fsr-3399	174	222	52.26	52.26	NUM
fsr-3399	174	223	25.41	25.41	NUM
fsr-3399	174	224	8.72	8.72	NUM
fsr-3399	174	225	2003	2003	NUM
fsr-3399	174	226	9.25	9.25	NUM
fsr-3399	174	227	2.08	2.08	NUM
fsr-3399	174	228	12.48	12.48	NUM
fsr-3399	174	229	8.84	8.84	NUM
fsr-3399	174	230	2004	2004	NUM
fsr-3399	174	231	8.60	8.60	NUM
fsr-3399	174	232	18.59	18.59	NUM
fsr-3399	174	233	16.58	16.58	NUM
fsr-3399	174	234	4.80	4.80	NUM
fsr-3399	174	235	2005	2005	NUM
fsr-3399	174	236	16.18	16.18	NUM
fsr-3399	174	237	8.34	8.34	NUM
fsr-3399	174	238	16.70	16.70	NUM
fsr-3399	174	239	10.86	10.86	NUM
fsr-3399	174	240	2006	2006	NUM
fsr-3399	174	241	14.43	14.43	NUM
fsr-3399	174	242	10.82	10.82	NUM
fsr-3399	174	243	8.38	8.38	NUM
fsr-3399	174	244	8.41	8.41	NUM
fsr-3399	174	245	2007	2007	NUM
fsr-3399	174	246	�	�	PROPN
fsr-3399	174	247	36.13	36.13	NUM
fsr-3399	174	248	�	�	PROPN
fsr-3399	174	249	52.90	52.90	NUM
fsr-3399	174	250	�	�	PROPN
fsr-3399	174	251	46.22	46.22	NUM
fsr-3399	174	252	�	�	PROPN
fsr-3399	174	253	14.25	14.25	NUM
fsr-3399	174	254	2008	2008	NUM
fsr-3399	174	255	9.86	9.86	NUM
fsr-3399	174	256	38.93	38.93	NUM
fsr-3399	174	257	15.41	15.41	NUM
fsr-3399	174	258	17.53	17.53	NUM
fsr-3399	174	259	2009	2009	NUM
fsr-3399	174	260	16.39	16.39	NUM
fsr-3399	174	261	25.75	25.75	NUM
fsr-3399	174	262	19.98	19.98	NUM
fsr-3399	174	263	13.50	13.50	NUM
fsr-3399	174	264	2010	2010	NUM
fsr-3399	174	265	7.91	7.91	NUM
fsr-3399	174	266	�	�	PROPN
fsr-3399	174	267	8.96	8.96	NUM
fsr-3399	174	268	4.52	4.52	NUM
fsr-3399	174	269	8.15	8.15	NUM
fsr-3399	174	270	2011	2011	NUM
fsr-3399	174	271	15.05	15.05	NUM
fsr-3399	174	272	9.46	9.46	NUM
fsr-3399	174	273	10.67	10.67	NUM
fsr-3399	174	274	11.72	11.72	NUM
fsr-3399	174	275	2012	2012	NUM
fsr-3399	174	276	26.97	26.97	NUM
fsr-3399	174	277	33.37	33.37	NUM
fsr-3399	174	278	34.93	34.93	NUM
fsr-3399	174	279	7.98	7.98	NUM
fsr-3399	174	280	2013	2013	NUM
fsr-3399	174	281	17.07	17.07	NUM
fsr-3399	174	282	10.97	10.97	NUM
fsr-3399	174	283	17.12	17.12	NUM
fsr-3399	174	284	8.55	8.55	NUM
fsr-3399	174	285	2014	2014	NUM
fsr-3399	174	286	5.07	5.07	NUM
fsr-3399	174	287	�	�	PROPN
fsr-3399	174	288	0.26	0.26	NUM
fsr-3399	174	289	6.79	6.79	NUM
fsr-3399	174	290	3.26	3.26	NUM
fsr-3399	174	291	2015	2015	NUM
fsr-3399	174	292	3.30	3.30	NUM
fsr-3399	174	293	9.53	9.53	NUM
fsr-3399	174	294	�	�	PROPN
fsr-3399	174	295	2.00	2.00	NUM
fsr-3399	174	296	5.89	5.89	NUM
fsr-3399	174	297	for	for	ADP
fsr-3399	174	298	example	example	NOUN
fsr-3399	174	299	,	,	PUNCT
fsr-3399	174	300	�	�	PROPN
fsr-3399	174	301	2.01	2.01	NUM
fsr-3399	174	302	%	%	NOUN
fsr-3399	174	303	represents	represent	VERB
fsr-3399	174	304	the	the	DET
fsr-3399	174	305	rate	rate	NOUN
fsr-3399	174	306	of	of	ADP
fsr-3399	174	307	return	return	NOUN
fsr-3399	174	308	on	on	ADP
fsr-3399	174	309	the	the	DET
fsr-3399	174	310	large	large	ADJ
fsr-3399	174	311	-	-	PUNCT
fsr-3399	174	312	cap	cap	NOUN
fsr-3399	174	313	fund	fund	NOUN
fsr-3399	174	314	from	from	ADP
fsr-3399	174	315	november	november	PROPN
fsr-3399	174	316	1	1	NUM
fsr-3399	174	317	,	,	PUNCT
fsr-3399	174	318	1986	1986	NUM
fsr-3399	174	319	to	to	ADP
fsr-3399	174	320	october	october	PROPN
fsr-3399	174	321	31	31	NUM
fsr-3399	174	322	,	,	PUNCT
fsr-3399	174	323	1987	1987	NUM
fsr-3399	174	324	.	.	PUNCT
fsr-3399	175	1	312	312	NUM
fsr-3399	175	2	a.	a.	NOUN
fsr-3399	175	3	loviscek	loviscek	NOUN
fsr-3399	175	4	,	,	PUNCT
fsr-3399	175	5	a.	a.	NOUN
fsr-3399	175	6	broder	broder	PROPN
fsr-3399	175	7	/	/	SYM
fsr-3399	175	8	financial	financial	ADJ
fsr-3399	175	9	services	service	NOUN
fsr-3399	175	10	review	review	VERB
fsr-3399	175	11	27	27	NUM
fsr-3399	175	12	(	(	PUNCT
fsr-3399	175	13	2018	2018	NUM
fsr-3399	175	14	)	)	PUNCT
fsr-3399	175	15	303	303	NUM
fsr-3399	175	16	-	-	SYM
fsr-3399	175	17	322	322	NUM
fsr-3399	175	18	funds	fund	NOUN
fsr-3399	175	19	,	,	PUNCT
fsr-3399	175	20	the	the	DET
fsr-3399	175	21	results	result	NOUN
fsr-3399	175	22	suggest	suggest	VERB
fsr-3399	175	23	no	no	DET
fsr-3399	175	24	difference	difference	NOUN
fsr-3399	175	25	in	in	ADP
fsr-3399	175	26	the	the	DET
fsr-3399	175	27	results	result	NOUN
fsr-3399	175	28	from	from	ADP
fsr-3399	175	29	using	use	VERB
fsr-3399	175	30	the	the	DET
fsr-3399	175	31	switching	switch	VERB
fsr-3399	175	32	strategy	strategy	NOUN
fsr-3399	175	33	or	or	CCONJ
fsr-3399	175	34	holding	hold	VERB
fsr-3399	175	35	the	the	DET
fsr-3399	175	36	funds	fund	NOUN
fsr-3399	175	37	for	for	ADP
fsr-3399	175	38	the	the	DET
fsr-3399	175	39	entire	entire	ADJ
fsr-3399	175	40	12	12	NUM
fsr-3399	175	41	months	month	NOUN
fsr-3399	175	42	.	.	PUNCT
fsr-3399	176	1	4.1.2	4.1.2	X
fsr-3399	176	2	.	.	NOUN
fsr-3399	176	3	switching	switch	VERB
fsr-3399	176	4	and	and	CCONJ
fsr-3399	176	5	buy	buy	VERB
fsr-3399	176	6	-	-	PUNCT
fsr-3399	176	7	and	and	CCONJ
fsr-3399	176	8	-	-	PUNCT
fsr-3399	176	9	hold	hold	NOUN
fsr-3399	176	10	strategies	strategy	NOUN
fsr-3399	176	11	:	:	PUNCT
fsr-3399	176	12	risk	risk	NOUN
fsr-3399	176	13	-	-	PUNCT
fsr-3399	176	14	adjusted	adjust	VERB
fsr-3399	176	15	returns	return	NOUN
fsr-3399	176	16	as	as	ADP
fsr-3399	176	17	table	table	NOUN
fsr-3399	176	18	2	2	NUM
fsr-3399	176	19	shows	show	NOUN
fsr-3399	176	20	,	,	PUNCT
fsr-3399	176	21	however	however	ADV
fsr-3399	176	22	,	,	PUNCT
fsr-3399	176	23	the	the	DET
fsr-3399	176	24	higher	high	ADJ
fsr-3399	176	25	returns	return	NOUN
fsr-3399	176	26	come	come	VERB
fsr-3399	176	27	at	at	ADP
fsr-3399	176	28	the	the	DET
fsr-3399	176	29	price	price	NOUN
fsr-3399	176	30	of	of	ADP
fsr-3399	176	31	higher	high	ADJ
fsr-3399	176	32	risk	risk	NOUN
fsr-3399	176	33	.	.	PUNCT
fsr-3399	177	1	as	as	ADP
fsr-3399	177	2	a	a	DET
fsr-3399	177	3	result	result	NOUN
fsr-3399	177	4	,	,	PUNCT
fsr-3399	177	5	table	table	NOUN
fsr-3399	177	6	5	5	NUM
fsr-3399	177	7	and	and	CCONJ
fsr-3399	177	8	table	table	NOUN
fsr-3399	177	9	6	6	NUM
fsr-3399	177	10	illustrate	illustrate	ADJ
fsr-3399	177	11	annual	annual	ADJ
fsr-3399	177	12	sharpe	sharpe	NOUN
fsr-3399	177	13	ratios	ratio	NOUN
fsr-3399	177	14	for	for	ADP
fsr-3399	177	15	the	the	DET
fsr-3399	177	16	switching	switch	VERB
fsr-3399	177	17	strategy	strategy	NOUN
fsr-3399	177	18	and	and	CCONJ
fsr-3399	177	19	the	the	DET
fsr-3399	177	20	buy	buy	VERB
fsr-3399	177	21	-	-	PUNCT
fsr-3399	177	22	and	and	CCONJ
fsr-3399	177	23	-	-	PUNCT
fsr-3399	177	24	hold	hold	VERB
fsr-3399	177	25	approach	approach	NOUN
fsr-3399	177	26	,	,	PUNCT
fsr-3399	177	27	respectively	respectively	ADV
fsr-3399	177	28	.	.	PUNCT
fsr-3399	178	1	the	the	DET
fsr-3399	178	2	smallest	small	ADJ
fsr-3399	178	3	sharpe	sharpe	NOUN
fsr-3399	178	4	ratios	ratio	NOUN
fsr-3399	178	5	are	be	AUX
fsr-3399	178	6	in	in	ADP
fsr-3399	178	7	the	the	DET
fsr-3399	178	8	recession	recession	NOUN
fsr-3399	178	9	years	year	NOUN
fsr-3399	178	10	of	of	ADP
fsr-3399	178	11	the	the	DET
fsr-3399	178	12	first	first	ADJ
fsr-3399	178	13	decade	decade	NOUN
fsr-3399	178	14	of	of	ADP
fsr-3399	178	15	the	the	DET
fsr-3399	178	16	21st	21st	ADJ
fsr-3399	178	17	century	century	NOUN
fsr-3399	178	18	,	,	PUNCT
fsr-3399	178	19	as	as	ADV
fsr-3399	178	20	low	low	ADJ
fsr-3399	178	21	as	as	ADP
fsr-3399	178	22	�	�	PROPN
fsr-3399	178	23	1.87	1.87	NUM
fsr-3399	178	24	for	for	ADP
fsr-3399	178	25	the	the	DET
fsr-3399	178	26	large	large	ADJ
fsr-3399	178	27	-	-	PUNCT
fsr-3399	178	28	cap	cap	NOUN
fsr-3399	178	29	fund	fund	NOUN
fsr-3399	178	30	,	,	PUNCT
fsr-3399	178	31	with	with	ADP
fsr-3399	178	32	the	the	DET
fsr-3399	178	33	largest	large	ADJ
fsr-3399	178	34	ratios	ratio	NOUN
fsr-3399	178	35	in	in	ADP
fsr-3399	178	36	the	the	DET
fsr-3399	178	37	post	post	ADJ
fsr-3399	178	38	-	-	ADJ
fsr-3399	178	39	financial	financial	ADJ
fsr-3399	178	40	crisis	crisis	NOUN
fsr-3399	178	41	period	period	NOUN
fsr-3399	178	42	,	,	PUNCT
fsr-3399	178	43	especially	especially	ADV
fsr-3399	178	44	in	in	ADP
fsr-3399	178	45	2012	2012	NUM
fsr-3399	178	46	,	,	PUNCT
fsr-3399	178	47	with	with	ADP
fsr-3399	178	48	a	a	DET
fsr-3399	178	49	high	high	NOUN
fsr-3399	178	50	of	of	ADP
fsr-3399	178	51	3.21	3.21	NUM
fsr-3399	178	52	for	for	ADP
fsr-3399	178	53	the	the	DET
fsr-3399	178	54	small	small	ADJ
fsr-3399	178	55	-	-	PUNCT
fsr-3399	178	56	cap	cap	NOUN
fsr-3399	178	57	fund	fund	NOUN
fsr-3399	178	58	.	.	PUNCT
fsr-3399	179	1	between	between	ADP
fsr-3399	179	2	the	the	DET
fsr-3399	179	3	two	two	NUM
fsr-3399	179	4	tables	table	NOUN
fsr-3399	179	5	,	,	PUNCT
fsr-3399	179	6	the	the	DET
fsr-3399	179	7	means	mean	NOUN
fsr-3399	179	8	are	be	AUX
fsr-3399	179	9	higher	high	ADJ
fsr-3399	179	10	for	for	ADP
fsr-3399	179	11	the	the	DET
fsr-3399	179	12	large	large	ADJ
fsr-3399	179	13	-	-	PUNCT
fsr-3399	179	14	cap	cap	NOUN
fsr-3399	179	15	and	and	CCONJ
fsr-3399	179	16	balanced	balanced	ADJ
fsr-3399	179	17	funds	fund	NOUN
fsr-3399	179	18	but	but	CCONJ
fsr-3399	179	19	smaller	small	ADJ
fsr-3399	179	20	for	for	ADP
fsr-3399	179	21	the	the	DET
fsr-3399	179	22	small	small	ADJ
fsr-3399	179	23	-	-	PUNCT
fsr-3399	179	24	cap	cap	NOUN
fsr-3399	179	25	and	and	CCONJ
fsr-3399	179	26	mid	mid	ADJ
fsr-3399	179	27	-	-	ADJ
fsr-3399	179	28	cap	cap	ADJ
fsr-3399	179	29	funds	fund	NOUN
fsr-3399	179	30	.	.	PUNCT
fsr-3399	180	1	the	the	DET
fsr-3399	180	2	difference	difference	NOUN
fsr-3399	180	3	in	in	ADP
fsr-3399	180	4	the	the	DET
fsr-3399	180	5	means	mean	NOUN
fsr-3399	180	6	of	of	ADP
fsr-3399	180	7	the	the	DET
fsr-3399	180	8	balanced	balanced	ADJ
fsr-3399	180	9	fund	fund	NOUN
fsr-3399	180	10	between	between	ADP
fsr-3399	180	11	the	the	DET
fsr-3399	180	12	two	two	NUM
fsr-3399	180	13	strategies	strategy	NOUN
fsr-3399	180	14	is	be	AUX
fsr-3399	180	15	table	table	NOUN
fsr-3399	180	16	5	5	NUM
fsr-3399	180	17	this	this	DET
fsr-3399	180	18	table	table	NOUN
fsr-3399	180	19	illustrates	illustrate	VERB
fsr-3399	180	20	annual	annual	ADJ
fsr-3399	180	21	sharpe	sharpe	NOUN
fsr-3399	180	22	ratios	ratio	NOUN
fsr-3399	180	23	for	for	ADP
fsr-3399	180	24	each	each	DET
fsr-3399	180	25	fund	fund	NOUN
fsr-3399	180	26	for	for	ADP
fsr-3399	180	27	the	the	DET
fsr-3399	180	28	switching	switch	VERB
fsr-3399	180	29	strategy	strategy	NOUN
fsr-3399	180	30	,	,	PUNCT
fsr-3399	180	31	november	november	PROPN
fsr-3399	180	32	1	1	NUM
fsr-3399	180	33	,	,	PUNCT
fsr-3399	180	34	1986	1986	NUM
fsr-3399	180	35	to	to	ADP
fsr-3399	180	36	october	october	PROPN
fsr-3399	180	37	31	31	NUM
fsr-3399	180	38	,	,	PUNCT
fsr-3399	180	39	2016	2016	NUM
fsr-3399	180	40	large	large	ADJ
fsr-3399	180	41	-	-	PUNCT
fsr-3399	180	42	cap	cap	NOUN
fsr-3399	180	43	fund	fund	NOUN
fsr-3399	180	44	small	small	ADJ
fsr-3399	180	45	-	-	PUNCT
fsr-3399	180	46	cap	cap	NOUN
fsr-3399	180	47	fund	fund	NOUN
fsr-3399	180	48	mid	mid	ADJ
fsr-3399	180	49	-	-	PROPN
fsr-3399	180	50	cap	cap	ADJ
fsr-3399	180	51	fund	fund	NOUN
fsr-3399	180	52	balanced	balanced	ADJ
fsr-3399	180	53	fund	fund	NOUN
fsr-3399	180	54	1986	1986	NUM
fsr-3399	180	55	0.29	0.29	NUM
fsr-3399	180	56	0.96	0.96	NUM
fsr-3399	180	57	0.45	0.45	NUM
fsr-3399	180	58	�	�	PROPN
fsr-3399	180	59	0.62	0.62	NUM
fsr-3399	180	60	1987	1987	NUM
fsr-3399	180	61	�	�	NOUN
fsr-3399	180	62	0.03	0.03	NUM
fsr-3399	180	63	1.20	1.20	NUM
fsr-3399	180	64	1.01	1.01	NUM
fsr-3399	180	65	0.02	0.02	NUM
fsr-3399	180	66	1988	1988	NUM
fsr-3399	180	67	0.23	0.23	NUM
fsr-3399	180	68	1.29	1.29	NUM
fsr-3399	180	69	0.45	0.45	NUM
fsr-3399	180	70	�	�	PROPN
fsr-3399	180	71	0.27	0.27	NUM
fsr-3399	180	72	1989	1989	NUM
fsr-3399	180	73	�	�	PROPN
fsr-3399	180	74	1.52	1.52	NUM
fsr-3399	180	75	�	�	PROPN
fsr-3399	180	76	1.13	1.13	NUM
fsr-3399	180	77	�	�	PROPN
fsr-3399	180	78	0.50	0.50	NUM
fsr-3399	180	79	�	�	PROPN
fsr-3399	180	80	2.03	2.03	NUM
fsr-3399	180	81	1990	1990	NUM
fsr-3399	180	82	2.14	2.14	NUM
fsr-3399	180	83	2.13	2.13	NUM
fsr-3399	180	84	0.78	0.78	NUM
fsr-3399	180	85	1.50	1.50	NUM
fsr-3399	180	86	1991	1991	NUM
fsr-3399	180	87	0.37	0.37	NUM
fsr-3399	180	88	0.21	0.21	NUM
fsr-3399	180	89	0.14	0.14	NUM
fsr-3399	180	90	0.11	0.11	NUM
fsr-3399	180	91	1992	1992	NUM
fsr-3399	180	92	1.27	1.27	NUM
fsr-3399	180	93	0.55	0.55	NUM
fsr-3399	180	94	0.65	0.65	NUM
fsr-3399	180	95	1.26	1.26	NUM
fsr-3399	180	96	1993	1993	NUM
fsr-3399	180	97	�	�	PROPN
fsr-3399	180	98	0.78	0.78	NUM
fsr-3399	180	99	�	�	PROPN
fsr-3399	180	100	0.48	0.48	NUM
fsr-3399	180	101	�	�	PROPN
fsr-3399	180	102	0.22	0.22	NUM
fsr-3399	180	103	�	�	PROPN
fsr-3399	180	104	1.00	1.00	NUM
fsr-3399	180	105	1994	1994	NUM
fsr-3399	180	106	0.74	0.74	NUM
fsr-3399	180	107	�	�	PROPN
fsr-3399	180	108	0.52	0.52	NUM
fsr-3399	180	109	�	�	NOUN
fsr-3399	180	110	0.06	0.06	NUM
fsr-3399	180	111	0.58	0.58	NUM
fsr-3399	180	112	1995	1995	NUM
fsr-3399	180	113	1.73	1.73	NUM
fsr-3399	180	114	2.79	2.79	NUM
fsr-3399	180	115	0.30	0.30	NUM
fsr-3399	180	116	�	�	PROPN
fsr-3399	180	117	0.16	0.16	NUM
fsr-3399	180	118	1996	1996	NUM
fsr-3399	180	119	0.77	0.77	NUM
fsr-3399	180	120	0.05	0.05	NUM
fsr-3399	180	121	�	�	PROPN
fsr-3399	180	122	0.39	0.39	NUM
fsr-3399	180	123	�	�	PROPN
fsr-3399	180	124	0.06	0.06	NUM
fsr-3399	180	125	1997	1997	NUM
fsr-3399	180	126	2.29	2.29	NUM
fsr-3399	180	127	0.81	0.81	NUM
fsr-3399	180	128	0.35	0.35	NUM
fsr-3399	180	129	0.47	0.47	NUM
fsr-3399	180	130	1998	1998	NUM
fsr-3399	180	131	1.93	1.93	NUM
fsr-3399	180	132	1.99	1.99	NUM
fsr-3399	180	133	1.23	1.23	NUM
fsr-3399	180	134	�	�	PROPN
fsr-3399	180	135	0.07	0.07	NUM
fsr-3399	180	136	1999	1999	NUM
fsr-3399	180	137	0.17	0.17	NUM
fsr-3399	180	138	0.03	0.03	NUM
fsr-3399	180	139	0.73	0.73	NUM
fsr-3399	180	140	�	�	PROPN
fsr-3399	180	141	0.42	0.42	NUM
fsr-3399	180	142	2000	2000	NUM
fsr-3399	180	143	�	�	PROPN
fsr-3399	180	144	1.04	1.04	NUM
fsr-3399	180	145	�	�	PROPN
fsr-3399	180	146	0.35	0.35	NUM
fsr-3399	180	147	�	�	NOUN
fsr-3399	180	148	0.16	0.16	NUM
fsr-3399	180	149	0.97	0.97	NUM
fsr-3399	180	150	2001	2001	NUM
fsr-3399	180	151	0.10	0.10	NUM
fsr-3399	180	152	1.28	1.28	NUM
fsr-3399	180	153	1.24	1.24	NUM
fsr-3399	180	154	0.25	0.25	NUM
fsr-3399	180	155	2002	2002	NUM
fsr-3399	180	156	0.26	0.26	NUM
fsr-3399	180	157	0.67	0.67	NUM
fsr-3399	180	158	0.04	0.04	NUM
fsr-3399	180	159	0.58	0.58	NUM
fsr-3399	180	160	2003	2003	NUM
fsr-3399	180	161	0.88	0.88	NUM
fsr-3399	180	162	0.32	0.32	NUM
fsr-3399	180	163	0.99	0.99	NUM
fsr-3399	180	164	0.89	0.89	NUM
fsr-3399	180	165	2004	2004	NUM
fsr-3399	180	166	0.09	0.09	NUM
fsr-3399	180	167	0.34	0.34	NUM
fsr-3399	180	168	0.09	0.09	NUM
fsr-3399	180	169	0.24	0.24	NUM
fsr-3399	180	170	2005	2005	NUM
fsr-3399	180	171	1.23	1.23	NUM
fsr-3399	180	172	0.36	0.36	NUM
fsr-3399	180	173	1.14	1.14	NUM
fsr-3399	180	174	�	�	NOUN
fsr-3399	180	175	0.08	0.08	NUM
fsr-3399	180	176	2006	2006	NUM
fsr-3399	180	177	0.79	0.79	NUM
fsr-3399	180	178	0.62	0.62	NUM
fsr-3399	180	179	1.01	1.01	NUM
fsr-3399	180	180	0.22	0.22	NUM
fsr-3399	180	181	2007	2007	NUM
fsr-3399	180	182	�	�	PROPN
fsr-3399	180	183	1.18	1.18	NUM
fsr-3399	180	184	�	�	PROPN
fsr-3399	180	185	1.43	1.43	NUM
fsr-3399	180	186	�	�	PROPN
fsr-3399	180	187	1.24	1.24	NUM
fsr-3399	180	188	�	�	PROPN
fsr-3399	180	189	0.61	0.61	NUM
fsr-3399	180	190	2008	2008	NUM
fsr-3399	180	191	�	�	NOUN
fsr-3399	180	192	0.42	0.42	NUM
fsr-3399	180	193	0.12	0.12	NUM
fsr-3399	180	194	�	�	PROPN
fsr-3399	180	195	0.19	0.19	NUM
fsr-3399	180	196	0.11	0.11	NUM
fsr-3399	180	197	2009	2009	NUM
fsr-3399	180	198	1.76	1.76	NUM
fsr-3399	180	199	3.11	3.11	NUM
fsr-3399	180	200	2.12	2.12	NUM
fsr-3399	180	201	1.83	1.83	NUM
fsr-3399	180	202	2010	2010	NUM
fsr-3399	180	203	2.22	2.22	NUM
fsr-3399	180	204	1.94	1.94	NUM
fsr-3399	180	205	2.97	2.97	NUM
fsr-3399	180	206	1.39	1.39	NUM
fsr-3399	180	207	2011	2011	NUM
fsr-3399	180	208	1.93	1.93	NUM
fsr-3399	180	209	1.40	1.40	NUM
fsr-3399	180	210	1.32	1.32	NUM
fsr-3399	180	211	1.85	1.85	NUM
fsr-3399	180	212	2012	2012	NUM
fsr-3399	180	213	2.24	2.24	NUM
fsr-3399	180	214	2.21	2.21	NUM
fsr-3399	180	215	3.02	3.02	NUM
fsr-3399	180	216	1.30	1.30	NUM
fsr-3399	180	217	2013	2013	NUM
fsr-3399	180	218	1.28	1.28	NUM
fsr-3399	180	219	0.73	0.73	NUM
fsr-3399	180	220	0.87	0.87	NUM
fsr-3399	180	221	1.07	1.07	NUM
fsr-3399	180	222	2014	2014	NUM
fsr-3399	180	223	0.56	0.56	NUM
fsr-3399	180	224	0.13	0.13	NUM
fsr-3399	180	225	0.99	0.99	NUM
fsr-3399	180	226	0.59	0.59	NUM
fsr-3399	180	227	2015	2015	NUM
fsr-3399	180	228	�	�	PROPN
fsr-3399	180	229	0.14	0.14	NUM
fsr-3399	180	230	0.14	0.14	NUM
fsr-3399	180	231	�	�	PROPN
fsr-3399	181	1	0.26	0.26	NUM
fsr-3399	181	2	0.44	0.44	NUM
fsr-3399	181	3	mean	mean	NOUN
fsr-3399	181	4	0.67	0.67	NUM
fsr-3399	181	5	0.72	0.72	NUM
fsr-3399	181	6	0.63	0.63	NUM
fsr-3399	181	7	0.35	0.35	NUM
fsr-3399	181	8	for	for	ADP
fsr-3399	181	9	example	example	NOUN
fsr-3399	181	10	,	,	PUNCT
fsr-3399	181	11	0.29	0.29	NUM
fsr-3399	181	12	represents	represent	VERB
fsr-3399	181	13	the	the	DET
fsr-3399	181	14	sharpe	sharpe	PROPN
fsr-3399	181	15	ratio	ratio	NOUN
fsr-3399	181	16	for	for	ADP
fsr-3399	181	17	the	the	DET
fsr-3399	181	18	large	large	ADJ
fsr-3399	181	19	-	-	PUNCT
fsr-3399	181	20	cap	cap	NOUN
fsr-3399	181	21	fund	fund	NOUN
fsr-3399	181	22	from	from	ADP
fsr-3399	181	23	november	november	PROPN
fsr-3399	181	24	1	1	NUM
fsr-3399	181	25	,	,	PUNCT
fsr-3399	181	26	1986	1986	NUM
fsr-3399	181	27	to	to	ADP
fsr-3399	181	28	october	october	PROPN
fsr-3399	181	29	31	31	NUM
fsr-3399	181	30	,	,	PUNCT
fsr-3399	181	31	1987	1987	NUM
fsr-3399	181	32	,	,	PUNCT
fsr-3399	181	33	with	with	ADP
fsr-3399	181	34	the	the	DET
fsr-3399	181	35	switch	switch	NOUN
fsr-3399	181	36	into	into	ADP
fsr-3399	181	37	three	three	NUM
fsr-3399	181	38	-	-	PUNCT
fsr-3399	181	39	month	month	NOUN
fsr-3399	181	40	u.s	u.s	PROPN
fsr-3399	181	41	.	.	PROPN
fsr-3399	181	42	treasury	treasury	PROPN
fsr-3399	181	43	bills	bill	NOUN
fsr-3399	181	44	occurring	occur	VERB
fsr-3399	181	45	from	from	ADP
fsr-3399	181	46	may	may	PROPN
fsr-3399	181	47	1	1	NUM
fsr-3399	181	48	,	,	PUNCT
fsr-3399	181	49	1987	1987	NUM
fsr-3399	181	50	to	to	ADP
fsr-3399	181	51	october	october	PROPN
fsr-3399	181	52	31	31	NUM
fsr-3399	181	53	,	,	PUNCT
fsr-3399	181	54	1987	1987	NUM
fsr-3399	181	55	.	.	PUNCT
fsr-3399	182	1	all	all	DET
fsr-3399	182	2	successive	successive	ADJ
fsr-3399	182	3	years	year	NOUN
fsr-3399	182	4	follow	follow	VERB
fsr-3399	182	5	this	this	DET
fsr-3399	182	6	pattern	pattern	NOUN
fsr-3399	182	7	.	.	PUNCT
fsr-3399	183	1	annual	annual	ADJ
fsr-3399	183	2	u.s	u.s	PROPN
fsr-3399	183	3	.	.	PROPN
fsr-3399	183	4	treasury	treasury	PROPN
fsr-3399	183	5	bill	bill	NOUN
fsr-3399	183	6	rates	rate	NOUN
fsr-3399	183	7	of	of	ADP
fsr-3399	183	8	return	return	NOUN
fsr-3399	183	9	measure	measure	NOUN
fsr-3399	183	10	the	the	DET
fsr-3399	183	11	risk	risk	NOUN
fsr-3399	183	12	-	-	PUNCT
fsr-3399	183	13	free	free	ADJ
fsr-3399	183	14	rates	rate	NOUN
fsr-3399	183	15	of	of	ADP
fsr-3399	183	16	return	return	NOUN
fsr-3399	183	17	and	and	CCONJ
fsr-3399	183	18	annual	annual	ADJ
fsr-3399	183	19	standard	standard	ADJ
fsr-3399	183	20	deviations	deviation	NOUN
fsr-3399	183	21	of	of	ADP
fsr-3399	183	22	the	the	DET
fsr-3399	183	23	fund	fund	NOUN
fsr-3399	183	24	returns	return	NOUN
fsr-3399	183	25	measure	measure	VERB
fsr-3399	183	26	the	the	DET
fsr-3399	183	27	risks	risk	NOUN
fsr-3399	183	28	.	.	PUNCT
fsr-3399	184	1	313a	313a	NUM
fsr-3399	184	2	.	.	PUNCT
fsr-3399	185	1	loviscek	loviscek	NOUN
fsr-3399	185	2	,	,	PUNCT
fsr-3399	185	3	a.	a.	NOUN
fsr-3399	185	4	broder	broder	PROPN
fsr-3399	185	5	/	/	SYM
fsr-3399	185	6	financial	financial	ADJ
fsr-3399	185	7	services	service	NOUN
fsr-3399	185	8	review	review	VERB
fsr-3399	185	9	27	27	NUM
fsr-3399	185	10	(	(	PUNCT
fsr-3399	185	11	2018	2018	NUM
fsr-3399	185	12	)	)	PUNCT
fsr-3399	185	13	303	303	NUM
fsr-3399	185	14	-	-	SYM
fsr-3399	185	15	322	322	NUM
fsr-3399	185	16	relatively	relatively	ADV
fsr-3399	185	17	large	large	ADJ
fsr-3399	185	18	,	,	PUNCT
fsr-3399	185	19	0.84	0.84	NUM
fsr-3399	185	20	versus	versus	ADP
fsr-3399	185	21	0.35	0.35	NUM
fsr-3399	185	22	.	.	PUNCT
fsr-3399	186	1	to	to	PART
fsr-3399	186	2	test	test	VERB
fsr-3399	186	3	for	for	ADP
fsr-3399	186	4	the	the	DET
fsr-3399	186	5	differences	difference	NOUN
fsr-3399	186	6	between	between	ADP
fsr-3399	186	7	the	the	DET
fsr-3399	186	8	two	two	NUM
fsr-3399	186	9	tables	table	NOUN
fsr-3399	186	10	,	,	PUNCT
fsr-3399	186	11	the	the	DET
fsr-3399	186	12	“	"	PUNCT
fsr-3399	186	13	z	z	NOUN
fsr-3399	186	14	”	"	PUNCT
fsr-3399	186	15	and	and	CCONJ
fsr-3399	186	16	“	"	PUNCT
fsr-3399	186	17	p	p	ADJ
fsr-3399	186	18	-	-	PUNCT
fsr-3399	186	19	value	value	NOUN
fsr-3399	186	20	”	"	PUNCT
fsr-3399	186	21	statistics	statistic	NOUN
fsr-3399	186	22	,	,	PUNCT
fsr-3399	186	23	according	accord	VERB
fsr-3399	186	24	to	to	ADP
fsr-3399	186	25	the	the	DET
fsr-3399	186	26	wilcoxon	wilcoxon	ADJ
fsr-3399	186	27	signed	sign	VERB
fsr-3399	186	28	-	-	PUNCT
fsr-3399	186	29	rank	rank	NOUN
fsr-3399	186	30	test	test	NOUN
fsr-3399	186	31	,	,	PUNCT
fsr-3399	186	32	are	be	AUX
fsr-3399	186	33	as	as	SCONJ
fsr-3399	186	34	follows	follow	VERB
fsr-3399	186	35	:	:	PUNCT
fsr-3399	186	36	at	at	ADP
fsr-3399	186	37	the	the	DET
fsr-3399	186	38	5	5	NUM
fsr-3399	186	39	%	%	NOUN
fsr-3399	186	40	level	level	NOUN
fsr-3399	186	41	,	,	PUNCT
fsr-3399	186	42	only	only	ADV
fsr-3399	186	43	the	the	DET
fsr-3399	186	44	balanced	balanced	ADJ
fsr-3399	186	45	fund	fund	NOUN
fsr-3399	186	46	registers	register	VERB
fsr-3399	186	47	a	a	DET
fsr-3399	186	48	statistically	statistically	ADV
fsr-3399	186	49	significant	significant	ADJ
fsr-3399	186	50	difference	difference	NOUN
fsr-3399	186	51	,	,	PUNCT
fsr-3399	186	52	and	and	CCONJ
fsr-3399	186	53	one	one	NUM
fsr-3399	186	54	that	that	PRON
fsr-3399	186	55	favors	favor	VERB
fsr-3399	186	56	the	the	DET
fsr-3399	186	57	buy	buy	VERB
fsr-3399	186	58	-	-	PUNCT
fsr-3399	186	59	and	and	CCONJ
fsr-3399	186	60	-	-	PUNCT
fsr-3399	186	61	hold	hold	VERB
fsr-3399	186	62	approach	approach	NOUN
fsr-3399	186	63	.	.	PUNCT
fsr-3399	187	1	for	for	ADP
fsr-3399	187	2	perspective	perspective	NOUN
fsr-3399	187	3	with	with	ADP
fsr-3399	187	4	the	the	DET
fsr-3399	187	5	large	large	ADJ
fsr-3399	187	6	-	-	PUNCT
fsr-3399	187	7	cap	cap	NOUN
fsr-3399	187	8	fund	fund	NOUN
fsr-3399	187	9	,	,	PUNCT
fsr-3399	187	10	in	in	ADP
fsr-3399	187	11	a	a	DET
fsr-3399	187	12	series	series	NOUN
fsr-3399	187	13	of	of	ADP
fsr-3399	187	14	simulations	simulation	NOUN
fsr-3399	187	15	with	with	ADP
fsr-3399	187	16	the	the	DET
fsr-3399	187	17	standard	standard	ADJ
fsr-3399	187	18	deviation	deviation	NOUN
fsr-3399	187	19	of	of	ADP
fsr-3399	187	20	the	the	DET
fsr-3399	187	21	switching	switch	VERB
fsr-3399	187	22	strategy	strategy	NOUN
fsr-3399	187	23	returns	return	NOUN
fsr-3399	187	24	held	hold	VERB
fsr-3399	187	25	table	table	NOUN
fsr-3399	187	26	6	6	NUM
fsr-3399	187	27	this	this	DET
fsr-3399	187	28	table	table	NOUN
fsr-3399	187	29	illustrates	illustrate	VERB
fsr-3399	187	30	annual	annual	ADJ
fsr-3399	187	31	sharpe	sharpe	NOUN
fsr-3399	187	32	ratios	ratio	NOUN
fsr-3399	187	33	for	for	ADP
fsr-3399	187	34	each	each	DET
fsr-3399	187	35	fund	fund	NOUN
fsr-3399	187	36	for	for	ADP
fsr-3399	187	37	the	the	DET
fsr-3399	187	38	buy	buy	VERB
fsr-3399	187	39	-	-	PUNCT
fsr-3399	187	40	and	and	CCONJ
fsr-3399	187	41	-	-	PUNCT
fsr-3399	187	42	hold	hold	NOUN
fsr-3399	187	43	strategy	strategy	NOUN
fsr-3399	187	44	,	,	PUNCT
fsr-3399	187	45	november	november	PROPN
fsr-3399	187	46	1	1	NUM
fsr-3399	187	47	,	,	PUNCT
fsr-3399	187	48	1986	1986	NUM
fsr-3399	187	49	to	to	ADP
fsr-3399	187	50	october	october	PROPN
fsr-3399	187	51	31	31	NUM
fsr-3399	187	52	,	,	PUNCT
fsr-3399	187	53	2016	2016	NUM
fsr-3399	187	54	large	large	ADJ
fsr-3399	187	55	-	-	PUNCT
fsr-3399	187	56	cap	cap	NOUN
fsr-3399	187	57	fund	fund	NOUN
fsr-3399	187	58	small	small	ADJ
fsr-3399	187	59	-	-	PUNCT
fsr-3399	187	60	cap	cap	NOUN
fsr-3399	187	61	fund	fund	NOUN
fsr-3399	187	62	mid	mid	ADJ
fsr-3399	187	63	-	-	PROPN
fsr-3399	187	64	cap	cap	ADJ
fsr-3399	187	65	fund	fund	NOUN
fsr-3399	187	66	balanced	balanced	ADJ
fsr-3399	187	67	fund	fund	PROPN
fsr-3399	187	68	1986	1986	NUM
fsr-3399	187	69	�	�	PROPN
fsr-3399	187	70	0.25	0.25	NUM
fsr-3399	187	71	�	�	PROPN
fsr-3399	187	72	0.70	0.70	NUM
fsr-3399	187	73	�	�	PROPN
fsr-3399	187	74	0.32	0.32	NUM
fsr-3399	187	75	�	�	PROPN
fsr-3399	187	76	0.80	0.80	NUM
fsr-3399	187	77	1987	1987	NUM
fsr-3399	187	78	0.54	0.54	NUM
fsr-3399	187	79	0.89	0.89	NUM
fsr-3399	187	80	0.92	0.92	NUM
fsr-3399	187	81	0.81	0.81	NUM
fsr-3399	187	82	1988	1988	NUM
fsr-3399	187	83	0.97	0.97	NUM
fsr-3399	187	84	1.97	1.97	NUM
fsr-3399	187	85	0.95	0.95	NUM
fsr-3399	187	86	1.01	1.01	NUM
fsr-3399	187	87	1989	1989	NUM
fsr-3399	187	88	�	�	PROPN
fsr-3399	187	89	0.97	0.97	NUM
fsr-3399	187	90	�	�	PROPN
fsr-3399	187	91	1.37	1.37	NUM
fsr-3399	187	92	�	�	PROPN
fsr-3399	187	93	0.98	0.98	NUM
fsr-3399	187	94	�	�	NOUN
fsr-3399	187	95	0.73	0.73	NUM
fsr-3399	187	96	1990	1990	NUM
fsr-3399	187	97	2.17	2.17	NUM
fsr-3399	187	98	2.81	2.81	NUM
fsr-3399	187	99	1.37	1.37	NUM
fsr-3399	187	100	2.15	2.15	NUM
fsr-3399	187	101	1991	1991	NUM
fsr-3399	187	102	0.50	0.50	NUM
fsr-3399	187	103	0.32	0.32	NUM
fsr-3399	187	104	0.16	0.16	NUM
fsr-3399	187	105	1.03	1.03	NUM
fsr-3399	187	106	1992	1992	NUM
fsr-3399	187	107	1.92	1.92	NUM
fsr-3399	187	108	2.67	2.67	NUM
fsr-3399	187	109	1.58	1.58	NUM
fsr-3399	187	110	2.63	2.63	NUM
fsr-3399	187	111	1993	1993	NUM
fsr-3399	187	112	�	�	PROPN
fsr-3399	187	113	0.02	0.02	NUM
fsr-3399	187	114	�	�	PROPN
fsr-3399	187	115	0.70	0.70	NUM
fsr-3399	187	116	�	�	PROPN
fsr-3399	187	117	0.10	0.10	NUM
fsr-3399	187	118	�	�	NOUN
fsr-3399	187	119	0.81	0.81	NUM
fsr-3399	187	120	1994	1994	NUM
fsr-3399	187	121	2.52	2.52	NUM
fsr-3399	187	122	0.26	0.26	NUM
fsr-3399	187	123	1.05	1.05	NUM
fsr-3399	187	124	1.92	1.92	NUM
fsr-3399	187	125	1995	1995	NUM
fsr-3399	187	126	2.19	2.19	NUM
fsr-3399	187	127	1.55	1.55	NUM
fsr-3399	187	128	0.34	0.34	NUM
fsr-3399	187	129	1.03	1.03	NUM
fsr-3399	187	130	1996	1996	NUM
fsr-3399	187	131	1.50	1.50	NUM
fsr-3399	187	132	1.73	1.73	NUM
fsr-3399	187	133	1.12	1.12	NUM
fsr-3399	187	134	0.97	0.97	NUM
fsr-3399	187	135	1997	1997	NUM
fsr-3399	187	136	0.83	0.83	NUM
fsr-3399	187	137	�	�	PROPN
fsr-3399	187	138	0.31	0.31	NUM
fsr-3399	187	139	�	�	PROPN
fsr-3399	187	140	0.54	0.54	NUM
fsr-3399	187	141	0.76	0.76	NUM
fsr-3399	187	142	1998	1998	NUM
fsr-3399	187	143	1.54	1.54	NUM
fsr-3399	187	144	1.67	1.67	NUM
fsr-3399	187	145	1.32	1.32	NUM
fsr-3399	187	146	�	�	PROPN
fsr-3399	187	147	0.40	0.40	NUM
fsr-3399	187	148	1999	1999	NUM
fsr-3399	187	149	0.03	0.03	NUM
fsr-3399	187	150	0.18	0.18	NUM
fsr-3399	187	151	0.59	0.59	NUM
fsr-3399	187	152	0.23	0.23	NUM
fsr-3399	187	153	2000	2000	NUM
fsr-3399	187	154	�	�	PROPN
fsr-3399	187	155	1.52	1.52	NUM
fsr-3399	187	156	�	�	PROPN
fsr-3399	187	157	0.96	0.96	NUM
fsr-3399	187	158	�	�	PROPN
fsr-3399	187	159	0.33	0.33	NUM
fsr-3399	187	160	1.24	1.24	NUM
fsr-3399	187	161	2001	2001	NUM
fsr-3399	187	162	�	�	NOUN
fsr-3399	187	163	0.80	0.80	NUM
fsr-3399	187	164	0.24	0.24	NUM
fsr-3399	187	165	�	�	NOUN
fsr-3399	187	166	0.09	0.09	NUM
fsr-3399	187	167	0.04	0.04	NUM
fsr-3399	187	168	2002	2002	NUM
fsr-3399	187	169	1.32	1.32	NUM
fsr-3399	187	170	2.45	2.45	NUM
fsr-3399	187	171	1.64	1.64	NUM
fsr-3399	187	172	1.08	1.08	NUM
fsr-3399	187	173	2003	2003	NUM
fsr-3399	187	174	1.14	1.14	NUM
fsr-3399	187	175	0.06	0.06	NUM
fsr-3399	187	176	1.11	1.11	NUM
fsr-3399	187	177	1.89	1.89	NUM
fsr-3399	187	178	2004	2004	NUM
fsr-3399	187	179	0.69	0.69	NUM
fsr-3399	187	180	1.06	1.06	NUM
fsr-3399	187	181	1.11	1.11	NUM
fsr-3399	187	182	0.44	0.44	NUM
fsr-3399	187	183	2005	2005	NUM
fsr-3399	187	184	1.71	1.71	NUM
fsr-3399	187	185	0.14	0.14	NUM
fsr-3399	187	186	0.96	0.96	NUM
fsr-3399	187	187	0.92	0.92	NUM
fsr-3399	187	188	2006	2006	NUM
fsr-3399	187	189	1.21	1.21	NUM
fsr-3399	187	190	0.27	0.27	NUM
fsr-3399	187	191	0.43	0.43	NUM
fsr-3399	187	192	0.51	0.51	NUM
fsr-3399	187	193	2007	2007	NUM
fsr-3399	187	194	�	�	PROPN
fsr-3399	187	195	1.87	1.87	NUM
fsr-3399	187	196	�	�	PROPN
fsr-3399	187	197	1.60	1.60	NUM
fsr-3399	187	198	�	�	PROPN
fsr-3399	187	199	1.67	1.67	NUM
fsr-3399	187	200	�	�	PROPN
fsr-3399	187	201	1.69	1.69	NUM
fsr-3399	187	202	2008	2008	NUM
fsr-3399	187	203	0.42	0.42	NUM
fsr-3399	187	204	1.02	1.02	NUM
fsr-3399	187	205	0.64	0.64	NUM
fsr-3399	187	206	1.63	1.63	NUM
fsr-3399	187	207	2009	2009	NUM
fsr-3399	187	208	0.87	0.87	NUM
fsr-3399	187	209	1.14	1.14	NUM
fsr-3399	187	210	1.07	1.07	NUM
fsr-3399	187	211	2.00	2.00	NUM
fsr-3399	187	212	2010	2010	NUM
fsr-3399	187	213	0.45	0.45	NUM
fsr-3399	187	214	�	�	PROPN
fsr-3399	187	215	0.37	0.37	NUM
fsr-3399	187	216	0.26	0.26	NUM
fsr-3399	187	217	1.10	1.10	NUM
fsr-3399	187	218	2011	2011	NUM
fsr-3399	187	219	1.46	1.46	NUM
fsr-3399	187	220	0.69	0.69	NUM
fsr-3399	187	221	0.77	0.77	NUM
fsr-3399	187	222	2.48	2.48	NUM
fsr-3399	187	223	2012	2012	NUM
fsr-3399	187	224	2.84	2.84	NUM
fsr-3399	187	225	3.21	3.21	NUM
fsr-3399	187	226	3.09	3.09	NUM
fsr-3399	187	227	1.10	1.10	NUM
fsr-3399	187	228	2013	2013	NUM
fsr-3399	187	229	2.14	2.14	NUM
fsr-3399	187	230	0.80	0.80	NUM
fsr-3399	187	231	1.61	1.61	NUM
fsr-3399	187	232	1.41	1.41	NUM
fsr-3399	187	233	2014	2014	NUM
fsr-3399	187	234	0.34	0.34	NUM
fsr-3399	187	235	�	�	PROPN
fsr-3399	187	236	0.02	0.02	NUM
fsr-3399	187	237	0.50	0.50	NUM
fsr-3399	187	238	0.40	0.40	NUM
fsr-3399	187	239	2015	2015	NUM
fsr-3399	187	240	0.29	0.29	NUM
fsr-3399	187	241	0.57	0.57	NUM
fsr-3399	187	242	�	�	PROPN
fsr-3399	187	243	0.21	0.21	NUM
fsr-3399	187	244	0.80	0.80	NUM
fsr-3399	187	245	mean	mean	NOUN
fsr-3399	187	246	0.81	0.81	NUM
fsr-3399	187	247	0.66	0.66	NUM
fsr-3399	187	248	0.61	0.61	NUM
fsr-3399	187	249	0.84	0.84	NUM
fsr-3399	187	250	for	for	ADP
fsr-3399	187	251	example	example	NOUN
fsr-3399	187	252	,	,	PUNCT
fsr-3399	187	253	�	�	PROPN
fsr-3399	187	254	0.25	0.25	NUM
fsr-3399	187	255	represents	represent	VERB
fsr-3399	187	256	the	the	DET
fsr-3399	187	257	sharpe	sharpe	PROPN
fsr-3399	187	258	ratio	ratio	NOUN
fsr-3399	187	259	for	for	ADP
fsr-3399	187	260	the	the	DET
fsr-3399	187	261	large	large	ADJ
fsr-3399	187	262	-	-	PUNCT
fsr-3399	187	263	cap	cap	NOUN
fsr-3399	187	264	fund	fund	NOUN
fsr-3399	187	265	from	from	ADP
fsr-3399	187	266	november	november	PROPN
fsr-3399	187	267	1	1	NUM
fsr-3399	187	268	,	,	PUNCT
fsr-3399	187	269	1986	1986	NUM
fsr-3399	187	270	to	to	ADP
fsr-3399	187	271	october	october	PROPN
fsr-3399	187	272	31	31	NUM
fsr-3399	187	273	,	,	PUNCT
fsr-3399	187	274	1987	1987	NUM
fsr-3399	187	275	.	.	PUNCT
fsr-3399	188	1	all	all	DET
fsr-3399	188	2	successive	successive	ADJ
fsr-3399	188	3	years	year	NOUN
fsr-3399	188	4	follow	follow	VERB
fsr-3399	188	5	this	this	DET
fsr-3399	188	6	pattern	pattern	NOUN
fsr-3399	188	7	.	.	PUNCT
fsr-3399	189	1	annual	annual	ADJ
fsr-3399	189	2	three	three	NUM
fsr-3399	189	3	-	-	PUNCT
fsr-3399	189	4	month	month	NOUN
fsr-3399	189	5	u.s	u.s	PROPN
fsr-3399	189	6	.	.	PROPN
fsr-3399	189	7	treasury	treasury	PROPN
fsr-3399	189	8	bill	bill	NOUN
fsr-3399	189	9	rates	rate	NOUN
fsr-3399	189	10	of	of	ADP
fsr-3399	189	11	return	return	NOUN
fsr-3399	189	12	measure	measure	NOUN
fsr-3399	189	13	the	the	DET
fsr-3399	189	14	risk	risk	NOUN
fsr-3399	189	15	-	-	PUNCT
fsr-3399	189	16	free	free	ADJ
fsr-3399	189	17	rates	rate	NOUN
fsr-3399	189	18	of	of	ADP
fsr-3399	189	19	return	return	NOUN
fsr-3399	189	20	and	and	CCONJ
fsr-3399	189	21	annual	annual	ADJ
fsr-3399	189	22	standard	standard	ADJ
fsr-3399	189	23	deviations	deviation	NOUN
fsr-3399	189	24	of	of	ADP
fsr-3399	189	25	the	the	DET
fsr-3399	189	26	fund	fund	NOUN
fsr-3399	189	27	returns	return	NOUN
fsr-3399	189	28	measure	measure	VERB
fsr-3399	189	29	the	the	DET
fsr-3399	189	30	risks	risk	NOUN
fsr-3399	189	31	.	.	PUNCT
fsr-3399	190	1	tests	test	NOUN
fsr-3399	190	2	of	of	ADP
fsr-3399	190	3	sharpe	sharpe	PROPN
fsr-3399	190	4	ratio	ratio	NOUN
fsr-3399	190	5	differences	difference	NOUN
fsr-3399	190	6	:	:	PUNCT
fsr-3399	190	7	switching	switch	VERB
fsr-3399	190	8	strategy	strategy	NOUN
fsr-3399	190	9	vs.	vs.	ADP
fsr-3399	190	10	buy	buy	NOUN
fsr-3399	190	11	-	-	PUNCT
fsr-3399	190	12	and	and	CCONJ
fsr-3399	190	13	-	-	PUNCT
fsr-3399	190	14	hold	hold	VERB
fsr-3399	190	15	approach	approach	NOUN
fsr-3399	190	16	large	large	ADJ
fsr-3399	190	17	-	-	PUNCT
fsr-3399	190	18	cap	cap	NOUN
fsr-3399	190	19	:	:	PUNCT
fsr-3399	190	20	z	z	PROPN
fsr-3399	190	21	�	�	PROPN
fsr-3399	190	22	�	�	PROPN
fsr-3399	190	23	1.22	1.22	NUM
fsr-3399	190	24	;	;	PUNCT
fsr-3399	190	25	p	p	PROPN
fsr-3399	190	26	�	�	PROPN
fsr-3399	190	27	0.11	0.11	NUM
fsr-3399	190	28	small	small	ADJ
fsr-3399	190	29	-	-	PUNCT
fsr-3399	190	30	cap	cap	NOUN
fsr-3399	190	31	:	:	PUNCT
fsr-3399	190	32	z	z	PROPN
fsr-3399	190	33	�	�	PROPN
fsr-3399	190	34	�	�	PROPN
fsr-3399	190	35	0.44	0.44	NUM
fsr-3399	190	36	;	;	PUNCT
fsr-3399	190	37	p	p	PROPN
fsr-3399	190	38	�	�	PROPN
fsr-3399	190	39	0.33	0.33	NUM
fsr-3399	190	40	mid	mid	NOUN
fsr-3399	190	41	-	-	NOUN
fsr-3399	190	42	cap	cap	NOUN
fsr-3399	190	43	:	:	PUNCT
fsr-3399	190	44	z	z	PROPN
fsr-3399	190	45	�	�	PROPN
fsr-3399	190	46	�	�	PROPN
fsr-3399	190	47	0.03	0.03	NUM
fsr-3399	190	48	;	;	PUNCT
fsr-3399	190	49	p	p	PROPN
fsr-3399	190	50	�	�	PROPN
fsr-3399	190	51	0.49	0.49	NUM
fsr-3399	190	52	balanced	balanced	ADJ
fsr-3399	190	53	:	:	PUNCT
fsr-3399	190	54	z	z	PROPN
fsr-3399	190	55	�	�	PROPN
fsr-3399	190	56	�	�	PROPN
fsr-3399	190	57	3.47	3.47	NUM
fsr-3399	190	58	;	;	PUNCT
fsr-3399	190	59	p	p	PROPN
fsr-3399	190	60	�	�	PROPN
fsr-3399	190	61	0.00	0.00	NUM
fsr-3399	190	62	314	314	NUM
fsr-3399	190	63	a.	a.	NOUN
fsr-3399	190	64	loviscek	loviscek	NOUN
fsr-3399	190	65	,	,	PUNCT
fsr-3399	190	66	a.	a.	NOUN
fsr-3399	190	67	broder	broder	PROPN
fsr-3399	190	68	/	/	SYM
fsr-3399	190	69	financial	financial	ADJ
fsr-3399	190	70	services	service	NOUN
fsr-3399	190	71	review	review	VERB
fsr-3399	190	72	27	27	NUM
fsr-3399	190	73	(	(	PUNCT
fsr-3399	190	74	2018	2018	NUM
fsr-3399	190	75	)	)	PUNCT
fsr-3399	190	76	303	303	NUM
fsr-3399	190	77	-	-	SYM
fsr-3399	190	78	322	322	NUM
fsr-3399	190	79	constant	constant	ADJ
fsr-3399	190	80	at	at	ADP
fsr-3399	190	81	9.08	9.08	NUM
fsr-3399	190	82	%	%	NOUN
fsr-3399	190	83	,	,	PUNCT
fsr-3399	190	84	as	as	SCONJ
fsr-3399	190	85	taken	take	VERB
fsr-3399	190	86	from	from	ADP
fsr-3399	190	87	table	table	NOUN
fsr-3399	190	88	2	2	NUM
fsr-3399	190	89	,	,	PUNCT
fsr-3399	190	90	the	the	DET
fsr-3399	190	91	mean	mean	ADJ
fsr-3399	190	92	value	value	NOUN
fsr-3399	190	93	of	of	ADP
fsr-3399	190	94	the	the	DET
fsr-3399	190	95	sharpe	sharpe	PROPN
fsr-3399	190	96	ratios	ratio	NOUN
fsr-3399	190	97	has	have	VERB
fsr-3399	190	98	to	to	PART
fsr-3399	190	99	increase	increase	VERB
fsr-3399	190	100	to	to	ADP
fsr-3399	190	101	at	at	ADV
fsr-3399	190	102	least	least	ADV
fsr-3399	190	103	1.04	1.04	NUM
fsr-3399	190	104	and	and	CCONJ
fsr-3399	190	105	have	have	VERB
fsr-3399	190	106	sharpe	sharpe	NOUN
fsr-3399	190	107	ratios	ratio	NOUN
fsr-3399	190	108	that	that	PRON
fsr-3399	190	109	exceed	exceed	VERB
fsr-3399	190	110	those	those	PRON
fsr-3399	190	111	of	of	ADP
fsr-3399	190	112	the	the	DET
fsr-3399	190	113	buy	buy	VERB
fsr-3399	190	114	-	-	PUNCT
fsr-3399	190	115	and	and	CCONJ
fsr-3399	190	116	-	-	PUNCT
fsr-3399	190	117	hold	hold	VERB
fsr-3399	190	118	approach	approach	NOUN
fsr-3399	190	119	in	in	ADP
fsr-3399	190	120	at	at	ADV
fsr-3399	190	121	least	least	ADJ
fsr-3399	190	122	22	22	NUM
fsr-3399	190	123	of	of	ADP
fsr-3399	190	124	the	the	DET
fsr-3399	190	125	30	30	NUM
fsr-3399	190	126	years	year	NOUN
fsr-3399	190	127	to	to	PART
fsr-3399	190	128	outperform	outperform	VERB
fsr-3399	190	129	statistically	statistically	ADV
fsr-3399	190	130	the	the	DET
fsr-3399	190	131	buy	buy	VERB
fsr-3399	190	132	-	-	PUNCT
fsr-3399	190	133	and	and	CCONJ
fsr-3399	190	134	-	-	PUNCT
fsr-3399	190	135	hold	hold	VERB
fsr-3399	190	136	approach	approach	NOUN
fsr-3399	190	137	.	.	PUNCT
fsr-3399	191	1	this	this	PRON
fsr-3399	191	2	is	be	AUX
fsr-3399	191	3	a	a	DET
fsr-3399	191	4	large	large	ADJ
fsr-3399	191	5	increase	increase	NOUN
fsr-3399	191	6	from	from	ADP
fsr-3399	191	7	the	the	DET
fsr-3399	191	8	mean	mean	NOUN
fsr-3399	191	9	of	of	ADP
fsr-3399	191	10	0.67	0.67	NUM
fsr-3399	191	11	,	,	PUNCT
fsr-3399	191	12	indicating	indicate	VERB
fsr-3399	191	13	the	the	DET
fsr-3399	191	14	difficulty	difficulty	NOUN
fsr-3399	191	15	of	of	ADP
fsr-3399	191	16	outperforming	outperform	VERB
fsr-3399	191	17	a	a	DET
fsr-3399	191	18	broad	broad	ADJ
fsr-3399	191	19	market	market	NOUN
fsr-3399	191	20	index	index	NOUN
fsr-3399	191	21	.	.	PUNCT
fsr-3399	192	1	although	although	SCONJ
fsr-3399	192	2	the	the	DET
fsr-3399	192	3	evidence	evidence	NOUN
fsr-3399	192	4	indicates	indicate	VERB
fsr-3399	192	5	that	that	SCONJ
fsr-3399	192	6	the	the	DET
fsr-3399	192	7	switching	switch	VERB
fsr-3399	192	8	strategy	strategy	NOUN
fsr-3399	192	9	does	do	AUX
fsr-3399	192	10	not	not	PART
fsr-3399	192	11	outperform	outperform	VERB
fsr-3399	192	12	the	the	DET
fsr-3399	192	13	buy	buy	VERB
fsr-3399	192	14	-	-	PUNCT
fsr-3399	192	15	and	and	CCONJ
fsr-3399	192	16	-	-	PUNCT
fsr-3399	192	17	hold	hold	VERB
fsr-3399	192	18	approach	approach	NOUN
fsr-3399	192	19	of	of	ADP
fsr-3399	192	20	the	the	DET
fsr-3399	192	21	large	large	ADJ
fsr-3399	192	22	-	-	PUNCT
fsr-3399	192	23	cap	cap	NOUN
fsr-3399	192	24	,	,	PUNCT
fsr-3399	192	25	small	small	ADJ
fsr-3399	192	26	-	-	PUNCT
fsr-3399	192	27	cap	cap	NOUN
fsr-3399	192	28	,	,	PUNCT
fsr-3399	192	29	and	and	CCONJ
fsr-3399	192	30	mid	mid	ADJ
fsr-3399	192	31	-	-	ADJ
fsr-3399	192	32	cap	cap	ADJ
fsr-3399	192	33	funds	fund	NOUN
fsr-3399	192	34	,	,	PUNCT
fsr-3399	192	35	it	it	PRON
fsr-3399	192	36	also	also	ADV
fsr-3399	192	37	indicates	indicate	VERB
fsr-3399	192	38	that	that	SCONJ
fsr-3399	192	39	the	the	DET
fsr-3399	192	40	buy	buy	VERB
fsr-3399	192	41	-	-	PUNCT
fsr-3399	192	42	and	and	CCONJ
fsr-3399	192	43	-	-	PUNCT
fsr-3399	192	44	hold	hold	VERB
fsr-3399	192	45	approach	approach	NOUN
fsr-3399	192	46	for	for	ADP
fsr-3399	192	47	each	each	PRON
fsr-3399	192	48	of	of	ADP
fsr-3399	192	49	these	these	DET
fsr-3399	192	50	funds	fund	NOUN
fsr-3399	192	51	does	do	AUX
fsr-3399	192	52	not	not	PART
fsr-3399	192	53	offer	offer	VERB
fsr-3399	192	54	superior	superior	ADJ
fsr-3399	192	55	performance	performance	NOUN
fsr-3399	192	56	.	.	PUNCT
fsr-3399	193	1	as	as	ADP
fsr-3399	193	2	a	a	DET
fsr-3399	193	3	result	result	NOUN
fsr-3399	193	4	,	,	PUNCT
fsr-3399	193	5	investors	investor	NOUN
fsr-3399	193	6	who	who	PRON
fsr-3399	193	7	have	have	AUX
fsr-3399	193	8	been	be	AUX
fsr-3399	193	9	drawn	draw	VERB
fsr-3399	193	10	to	to	ADP
fsr-3399	193	11	the	the	DET
fsr-3399	193	12	switching	switch	VERB
fsr-3399	193	13	strategy	strategy	NOUN
fsr-3399	193	14	have	have	AUX
fsr-3399	193	15	probably	probably	ADV
fsr-3399	193	16	not	not	PART
fsr-3399	193	17	realized	realize	VERB
fsr-3399	193	18	significant	significant	ADJ
fsr-3399	193	19	risk	risk	NOUN
fsr-3399	193	20	-	-	PUNCT
fsr-3399	193	21	adjusted	adjust	VERB
fsr-3399	193	22	return	return	NOUN
fsr-3399	193	23	underperformance	underperformance	NOUN
fsr-3399	193	24	with	with	ADP
fsr-3399	193	25	respect	respect	NOUN
fsr-3399	193	26	to	to	ADP
fsr-3399	193	27	these	these	DET
fsr-3399	193	28	three	three	NUM
fsr-3399	193	29	funds	fund	NOUN
fsr-3399	193	30	.	.	PUNCT
fsr-3399	194	1	it	it	PRON
fsr-3399	194	2	is	be	AUX
fsr-3399	194	3	conceivable	conceivable	ADJ
fsr-3399	194	4	that	that	SCONJ
fsr-3399	194	5	other	other	ADJ
fsr-3399	194	6	small	small	ADJ
fsr-3399	194	7	-	-	PUNCT
fsr-3399	194	8	cap	cap	NOUN
fsr-3399	194	9	and	and	CCONJ
fsr-3399	194	10	mid	mid	ADJ
fsr-3399	194	11	-	-	ADJ
fsr-3399	194	12	cap	cap	ADJ
fsr-3399	194	13	funds	fund	NOUN
fsr-3399	194	14	,	,	PUNCT
fsr-3399	194	15	including	include	VERB
fsr-3399	194	16	etfs	etfs	NOUN
fsr-3399	194	17	,	,	PUNCT
fsr-3399	194	18	offer	offer	VERB
fsr-3399	194	19	superior	superior	ADJ
fsr-3399	194	20	switching	switching	NOUN
fsr-3399	194	21	strategy	strategy	NOUN
fsr-3399	194	22	effectiveness	effectiveness	NOUN
fsr-3399	194	23	.	.	PUNCT
fsr-3399	195	1	finding	find	VERB
fsr-3399	195	2	these	these	DET
fsr-3399	195	3	funds	fund	NOUN
fsr-3399	195	4	,	,	PUNCT
fsr-3399	195	5	however	however	ADV
fsr-3399	195	6	,	,	PUNCT
fsr-3399	195	7	given	give	VERB
fsr-3399	195	8	the	the	DET
fsr-3399	195	9	body	body	NOUN
fsr-3399	195	10	of	of	ADP
fsr-3399	195	11	evidence	evidence	NOUN
fsr-3399	195	12	supporting	support	VERB
fsr-3399	195	13	market	market	NOUN
fsr-3399	195	14	efficiency	efficiency	NOUN
fsr-3399	195	15	,	,	PUNCT
fsr-3399	195	16	is	be	AUX
fsr-3399	195	17	unlikely	unlikely	ADJ
fsr-3399	195	18	to	to	PART
fsr-3399	195	19	be	be	AUX
fsr-3399	195	20	easy	easy	ADJ
fsr-3399	195	21	.	.	PUNCT
fsr-3399	196	1	the	the	DET
fsr-3399	196	2	balanced	balanced	ADJ
fsr-3399	196	3	fund	fund	PROPN
fsr-3399	196	4	’s	’s	PART
fsr-3399	196	5	results	result	NOUN
fsr-3399	196	6	signal	signal	VERB
fsr-3399	196	7	that	that	SCONJ
fsr-3399	196	8	investors	investor	NOUN
fsr-3399	196	9	drawn	draw	VERB
fsr-3399	196	10	to	to	ADP
fsr-3399	196	11	the	the	DET
fsr-3399	196	12	switching	switch	VERB
fsr-3399	196	13	strategy	strategy	NOUN
fsr-3399	196	14	would	would	AUX
fsr-3399	196	15	be	be	AUX
fsr-3399	196	16	served	serve	VERB
fsr-3399	196	17	well	well	ADV
fsr-3399	196	18	to	to	PART
fsr-3399	196	19	combine	combine	VERB
fsr-3399	196	20	this	this	DET
fsr-3399	196	21	fund	fund	NOUN
fsr-3399	196	22	with	with	ADP
fsr-3399	196	23	the	the	DET
fsr-3399	196	24	buy	buy	VERB
fsr-3399	196	25	-	-	PUNCT
fsr-3399	196	26	and	and	CCONJ
fsr-3399	196	27	-	-	PUNCT
fsr-3399	196	28	hold	hold	VERB
fsr-3399	196	29	approach	approach	NOUN
fsr-3399	196	30	.	.	PUNCT
fsr-3399	197	1	it	it	PRON
fsr-3399	197	2	is	be	AUX
fsr-3399	197	3	the	the	DET
fsr-3399	197	4	only	only	ADJ
fsr-3399	197	5	fund	fund	NOUN
fsr-3399	197	6	that	that	PRON
fsr-3399	197	7	appears	appear	VERB
fsr-3399	197	8	to	to	PART
fsr-3399	197	9	compensate	compensate	VERB
fsr-3399	197	10	for	for	ADP
fsr-3399	197	11	the	the	DET
fsr-3399	197	12	additional	additional	ADJ
fsr-3399	197	13	risk	risk	NOUN
fsr-3399	197	14	of	of	ADP
fsr-3399	197	15	not	not	PART
fsr-3399	197	16	switching	switch	VERB
fsr-3399	197	17	into	into	ADP
fsr-3399	197	18	u.s	u.s	PROPN
fsr-3399	197	19	.	.	PROPN
fsr-3399	197	20	treasury	treasury	PROPN
fsr-3399	197	21	bills	bill	NOUN
fsr-3399	197	22	.	.	PUNCT
fsr-3399	198	1	so	so	ADV
fsr-3399	198	2	far	far	ADV
fsr-3399	198	3	,	,	PUNCT
fsr-3399	198	4	the	the	DET
fsr-3399	198	5	results	result	NOUN
fsr-3399	198	6	indicate	indicate	VERB
fsr-3399	198	7	that	that	SCONJ
fsr-3399	198	8	while	while	SCONJ
fsr-3399	198	9	the	the	DET
fsr-3399	198	10	buy	buy	VERB
fsr-3399	198	11	-	-	PUNCT
fsr-3399	198	12	and	and	CCONJ
fsr-3399	198	13	-	-	PUNCT
fsr-3399	198	14	hold	hold	VERB
fsr-3399	198	15	strategy	strategy	NOUN
fsr-3399	198	16	falls	fall	VERB
fsr-3399	198	17	short	short	ADV
fsr-3399	198	18	of	of	ADP
fsr-3399	198	19	compensating	compensate	VERB
fsr-3399	198	20	investors	investor	NOUN
fsr-3399	198	21	for	for	ADP
fsr-3399	198	22	the	the	DET
fsr-3399	198	23	additional	additional	ADJ
fsr-3399	198	24	risk	risk	NOUN
fsr-3399	198	25	incurred	incur	VERB
fsr-3399	198	26	from	from	ADP
fsr-3399	198	27	may	may	PROPN
fsr-3399	198	28	1	1	NUM
fsr-3399	198	29	to	to	ADP
fsr-3399	198	30	october	october	PROPN
fsr-3399	198	31	31	31	NUM
fsr-3399	198	32	,	,	PUNCT
fsr-3399	198	33	the	the	DET
fsr-3399	198	34	switching	switch	VERB
fsr-3399	198	35	strategy	strategy	NOUN
fsr-3399	198	36	does	do	AUX
fsr-3399	198	37	not	not	PART
fsr-3399	198	38	outperform	outperform	VERB
fsr-3399	198	39	it	it	PRON
fsr-3399	198	40	.	.	PUNCT
fsr-3399	199	1	they	they	PRON
fsr-3399	199	2	lead	lead	VERB
fsr-3399	199	3	to	to	ADP
fsr-3399	199	4	the	the	DET
fsr-3399	199	5	conclusion	conclusion	NOUN
fsr-3399	199	6	not	not	PART
fsr-3399	199	7	to	to	PART
fsr-3399	199	8	reject	reject	VERB
fsr-3399	199	9	the	the	DET
fsr-3399	199	10	hypothesis	hypothesis	NOUN
fsr-3399	199	11	under	under	ADP
fsr-3399	199	12	test	test	NOUN
fsr-3399	199	13	;	;	PUNCT
fsr-3399	199	14	namely	namely	ADV
fsr-3399	199	15	,	,	PUNCT
fsr-3399	199	16	that	that	SCONJ
fsr-3399	199	17	the	the	DET
fsr-3399	199	18	switching	switch	VERB
fsr-3399	199	19	strategy	strategy	NOUN
fsr-3399	199	20	does	do	AUX
fsr-3399	199	21	not	not	PART
fsr-3399	199	22	outperform	outperform	VERB
fsr-3399	199	23	the	the	DET
fsr-3399	199	24	buy	buy	VERB
fsr-3399	199	25	-	-	PUNCT
fsr-3399	199	26	and	and	CCONJ
fsr-3399	199	27	-	-	PUNCT
fsr-3399	199	28	hold	hold	VERB
fsr-3399	199	29	strategy	strategy	NOUN
fsr-3399	199	30	,	,	PUNCT
fsr-3399	199	31	as	as	SCONJ
fsr-3399	199	32	drawn	draw	VERB
fsr-3399	199	33	from	from	ADP
fsr-3399	199	34	the	the	DET
fsr-3399	199	35	stock	stock	NOUN
fsr-3399	199	36	trader	trader	NOUN
fsr-3399	199	37	’s	’s	PART
fsr-3399	199	38	almanac	almanac	NOUN
fsr-3399	199	39	(	(	PUNCT
fsr-3399	199	40	2016	2016	NUM
fsr-3399	199	41	)	)	PUNCT
fsr-3399	199	42	.	.	PUNCT
fsr-3399	200	1	the	the	DET
fsr-3399	200	2	evidence	evidence	NOUN
fsr-3399	200	3	is	be	AUX
fsr-3399	200	4	in	in	ADP
fsr-3399	200	5	contrast	contrast	NOUN
fsr-3399	200	6	to	to	ADP
fsr-3399	200	7	the	the	DET
fsr-3399	200	8	results	result	NOUN
fsr-3399	200	9	in	in	ADP
fsr-3399	200	10	previous	previous	ADJ
fsr-3399	200	11	studies	study	NOUN
fsr-3399	200	12	,	,	PUNCT
fsr-3399	200	13	such	such	ADJ
fsr-3399	200	14	as	as	ADP
fsr-3399	200	15	in	in	ADP
fsr-3399	200	16	andrade	andrade	PROPN
fsr-3399	200	17	et	et	PROPN
fsr-3399	200	18	al	al	PROPN
fsr-3399	200	19	.	.	PROPN
fsr-3399	200	20	,	,	PUNCT
fsr-3399	200	21	(	(	PUNCT
fsr-3399	200	22	2013	2013	NUM
fsr-3399	200	23	)	)	PUNCT
fsr-3399	200	24	,	,	PUNCT
fsr-3399	200	25	borowski	borowski	PROPN
fsr-3399	200	26	(	(	PUNCT
fsr-3399	200	27	2015	2015	NUM
fsr-3399	200	28	)	)	PUNCT
fsr-3399	200	29	,	,	PUNCT
fsr-3399	200	30	and	and	CCONJ
fsr-3399	200	31	bouman	bouman	VERB
fsr-3399	200	32	and	and	CCONJ
fsr-3399	200	33	jacobsen	jacobsen	PROPN
fsr-3399	200	34	(	(	PUNCT
fsr-3399	200	35	2002	2002	NUM
fsr-3399	200	36	)	)	PUNCT
fsr-3399	200	37	.	.	PUNCT
fsr-3399	201	1	overall	overall	ADV
fsr-3399	201	2	,	,	PUNCT
fsr-3399	201	3	the	the	DET
fsr-3399	201	4	findings	finding	NOUN
fsr-3399	201	5	here	here	ADV
fsr-3399	201	6	align	align	VERB
fsr-3399	201	7	with	with	ADP
fsr-3399	201	8	those	those	PRON
fsr-3399	201	9	of	of	ADP
fsr-3399	201	10	,	,	PUNCT
fsr-3399	201	11	for	for	ADP
fsr-3399	201	12	example	example	NOUN
fsr-3399	201	13	,	,	PUNCT
fsr-3399	201	14	dichtl	dichtl	PROPN
fsr-3399	201	15	and	and	CCONJ
fsr-3399	201	16	drobetz	drobetz	ADJ
fsr-3399	201	17	(	(	PUNCT
fsr-3399	201	18	2015	2015	NUM
fsr-3399	201	19	)	)	PUNCT
fsr-3399	201	20	,	,	PUNCT
fsr-3399	201	21	lucey	lucey	PROPN
fsr-3399	201	22	and	and	CCONJ
fsr-3399	201	23	zhao	zhao	PROPN
fsr-3399	201	24	(	(	PUNCT
fsr-3399	201	25	2008	2008	NUM
fsr-3399	201	26	)	)	PUNCT
fsr-3399	201	27	,	,	PUNCT
fsr-3399	201	28	and	and	CCONJ
fsr-3399	201	29	jones	jones	PROPN
fsr-3399	201	30	and	and	CCONJ
fsr-3399	201	31	lundstrum	lundstrum	PROPN
fsr-3399	201	32	(	(	PUNCT
fsr-3399	201	33	2009	2009	NUM
fsr-3399	201	34	)	)	PUNCT
fsr-3399	201	35	.	.	PUNCT
fsr-3399	202	1	their	their	PRON
fsr-3399	202	2	results	result	NOUN
fsr-3399	202	3	lead	lead	VERB
fsr-3399	202	4	them	they	PRON
fsr-3399	202	5	to	to	PART
fsr-3399	202	6	question	question	VERB
fsr-3399	202	7	the	the	DET
fsr-3399	202	8	effectiveness	effectiveness	NOUN
fsr-3399	202	9	of	of	ADP
fsr-3399	202	10	following	follow	VERB
fsr-3399	202	11	the	the	DET
fsr-3399	202	12	“	"	PUNCT
fsr-3399	202	13	sell	sell	NOUN
fsr-3399	202	14	in	in	ADP
fsr-3399	202	15	may	may	PROPN
fsr-3399	202	16	”	"	PUNCT
fsr-3399	202	17	observation	observation	NOUN
fsr-3399	202	18	.	.	PUNCT
fsr-3399	203	1	collectively	collectively	ADV
fsr-3399	203	2	,	,	PUNCT
fsr-3399	203	3	they	they	PRON
fsr-3399	203	4	conclude	conclude	VERB
fsr-3399	203	5	that	that	SCONJ
fsr-3399	203	6	the	the	DET
fsr-3399	203	7	results	result	NOUN
fsr-3399	203	8	supporting	support	VERB
fsr-3399	203	9	it	it	PRON
fsr-3399	203	10	use	use	VERB
fsr-3399	203	11	time	time	NOUN
fsr-3399	203	12	-	-	PUNCT
fsr-3399	203	13	specific	specific	ADJ
fsr-3399	203	14	data	datum	NOUN
fsr-3399	203	15	that	that	PRON
fsr-3399	203	16	do	do	AUX
fsr-3399	203	17	not	not	PART
fsr-3399	203	18	fully	fully	ADV
fsr-3399	203	19	align	align	VERB
fsr-3399	203	20	with	with	ADP
fsr-3399	203	21	the	the	DET
fsr-3399	203	22	publication	publication	NOUN
fsr-3399	203	23	dates	date	NOUN
fsr-3399	203	24	of	of	ADP
fsr-3399	203	25	the	the	DET
fsr-3399	203	26	observation	observation	NOUN
fsr-3399	203	27	,	,	PUNCT
fsr-3399	203	28	and	and	CCONJ
fsr-3399	203	29	that	that	SCONJ
fsr-3399	203	30	u.s	u.s	PROPN
fsr-3399	203	31	.	.	PROPN
fsr-3399	203	32	markets	market	NOUN
fsr-3399	203	33	have	have	AUX
fsr-3399	203	34	largely	largely	ADV
fsr-3399	203	35	adjusted	adjust	VERB
fsr-3399	203	36	to	to	ADP
fsr-3399	203	37	it	it	PRON
fsr-3399	203	38	.	.	PUNCT
fsr-3399	204	1	4.2	4.2	NUM
fsr-3399	204	2	.	.	PUNCT
fsr-3399	205	1	second	second	ADJ
fsr-3399	205	2	perspective	perspective	NOUN
fsr-3399	205	3	:	:	PUNCT
fsr-3399	205	4	bear	bear	NOUN
fsr-3399	205	5	-	-	PUNCT
fsr-3399	205	6	bull	bull	NOUN
fsr-3399	205	7	analysis	analysis	NOUN
fsr-3399	205	8	for	for	ADP
fsr-3399	205	9	the	the	DET
fsr-3399	205	10	second	second	ADJ
fsr-3399	205	11	perspective	perspective	NOUN
fsr-3399	205	12	,	,	PUNCT
fsr-3399	205	13	there	there	PRON
fsr-3399	205	14	are	be	VERB
fsr-3399	205	15	two	two	NUM
fsr-3399	205	16	bear	bear	NOUN
fsr-3399	205	17	markets	market	NOUN
fsr-3399	205	18	and	and	CCONJ
fsr-3399	205	19	two	two	NUM
fsr-3399	205	20	bull	bull	NOUN
fsr-3399	205	21	markets	market	NOUN
fsr-3399	205	22	from	from	ADP
fsr-3399	205	23	december	december	PROPN
fsr-3399	205	24	1999	1999	NUM
fsr-3399	205	25	through	through	ADP
fsr-3399	205	26	october	october	PROPN
fsr-3399	205	27	2016	2016	NUM
fsr-3399	205	28	.	.	PUNCT
fsr-3399	206	1	in	in	ADP
fsr-3399	206	2	all	all	DET
fsr-3399	206	3	four	four	NUM
fsr-3399	206	4	instances	instance	NOUN
fsr-3399	206	5	,	,	PUNCT
fsr-3399	206	6	price	price	NOUN
fsr-3399	206	7	changes	change	NOUN
fsr-3399	206	8	exceed	exceed	VERB
fsr-3399	206	9	20	20	NUM
fsr-3399	206	10	%	%	NOUN
fsr-3399	206	11	.	.	PUNCT
fsr-3399	207	1	while	while	SCONJ
fsr-3399	207	2	20	20	NUM
fsr-3399	207	3	%	%	NOUN
fsr-3399	207	4	is	be	AUX
fsr-3399	207	5	somewhat	somewhat	ADV
fsr-3399	207	6	arbitrary	arbitrary	ADJ
fsr-3399	207	7	,	,	PUNCT
fsr-3399	207	8	it	it	PRON
fsr-3399	207	9	is	be	AUX
fsr-3399	207	10	the	the	DET
fsr-3399	207	11	standard	standard	ADJ
fsr-3399	207	12	benchmark	benchmark	NOUN
fsr-3399	207	13	(	(	PUNCT
fsr-3399	207	14	thestreet.com	thestreet.com	X
fsr-3399	207	15	,	,	PUNCT
fsr-3399	207	16	2018	2018	NUM
fsr-3399	207	17	)	)	PUNCT
fsr-3399	207	18	.	.	PUNCT
fsr-3399	208	1	given	give	VERB
fsr-3399	208	2	the	the	DET
fsr-3399	208	3	small	small	ADJ
fsr-3399	208	4	number	number	NOUN
fsr-3399	208	5	of	of	ADP
fsr-3399	208	6	observations	observation	NOUN
fsr-3399	208	7	in	in	ADP
fsr-3399	208	8	each	each	DET
fsr-3399	208	9	case	case	NOUN
fsr-3399	208	10	,	,	PUNCT
fsr-3399	208	11	only	only	ADV
fsr-3399	208	12	descriptive	descriptive	ADJ
fsr-3399	208	13	statistics	statistic	NOUN
fsr-3399	208	14	are	be	AUX
fsr-3399	208	15	reported	report	VERB
fsr-3399	208	16	.	.	PUNCT
fsr-3399	209	1	moreover	moreover	ADV
fsr-3399	209	2	,	,	PUNCT
fsr-3399	209	3	given	give	VERB
fsr-3399	209	4	the	the	DET
fsr-3399	209	5	uniqueness	uniqueness	NOUN
fsr-3399	209	6	in	in	ADP
fsr-3399	209	7	bear	bear	NOUN
fsr-3399	209	8	and	and	CCONJ
fsr-3399	209	9	bull	bull	NOUN
fsr-3399	209	10	markets	market	NOUN
fsr-3399	209	11	,	,	PUNCT
fsr-3399	209	12	caution	caution	NOUN
fsr-3399	209	13	is	be	AUX
fsr-3399	209	14	in	in	ADP
fsr-3399	209	15	order	order	NOUN
fsr-3399	209	16	when	when	SCONJ
fsr-3399	209	17	making	make	VERB
fsr-3399	209	18	generalizations	generalization	NOUN
fsr-3399	209	19	.	.	PUNCT
fsr-3399	210	1	the	the	DET
fsr-3399	210	2	first	first	ADJ
fsr-3399	210	3	bear	bear	NOUN
fsr-3399	210	4	market	market	NOUN
fsr-3399	210	5	is	be	AUX
fsr-3399	210	6	from	from	ADP
fsr-3399	210	7	march	march	PROPN
fsr-3399	210	8	2000	2000	NUM
fsr-3399	210	9	through	through	ADP
fsr-3399	210	10	october	october	PROPN
fsr-3399	210	11	2002	2002	NUM
fsr-3399	210	12	.	.	PUNCT
fsr-3399	211	1	within	within	ADP
fsr-3399	211	2	this	this	DET
fsr-3399	211	3	span	span	NOUN
fsr-3399	211	4	,	,	PUNCT
fsr-3399	211	5	there	there	PRON
fsr-3399	211	6	are	be	VERB
fsr-3399	211	7	three	three	NUM
fsr-3399	211	8	switching	switch	VERB
fsr-3399	211	9	opportunities	opportunity	NOUN
fsr-3399	211	10	:	:	PUNCT
fsr-3399	211	11	november	november	PROPN
fsr-3399	211	12	1999	1999	NUM
fsr-3399	211	13	to	to	ADP
fsr-3399	211	14	april	april	PROPN
fsr-3399	211	15	2000	2000	NUM
fsr-3399	211	16	,	,	PUNCT
fsr-3399	211	17	followed	follow	VERB
fsr-3399	211	18	by	by	ADP
fsr-3399	211	19	the	the	DET
fsr-3399	211	20	may	may	PROPN
fsr-3399	211	21	–	–	PUNCT
fsr-3399	211	22	october	october	PROPN
fsr-3399	211	23	switch	switch	NOUN
fsr-3399	211	24	;	;	PUNCT
fsr-3399	211	25	november	november	PROPN
fsr-3399	211	26	2000	2000	NUM
fsr-3399	211	27	to	to	ADP
fsr-3399	211	28	april	april	PROPN
fsr-3399	211	29	2001	2001	NUM
fsr-3399	211	30	,	,	PUNCT
fsr-3399	211	31	followed	follow	VERB
fsr-3399	211	32	by	by	ADP
fsr-3399	211	33	the	the	DET
fsr-3399	211	34	may	may	PROPN
fsr-3399	211	35	–	–	PUNCT
fsr-3399	211	36	october	october	PROPN
fsr-3399	211	37	switch	switch	NOUN
fsr-3399	211	38	;	;	PUNCT
fsr-3399	211	39	and	and	CCONJ
fsr-3399	211	40	november	november	PROPN
fsr-3399	211	41	2001	2001	NUM
fsr-3399	211	42	to	to	ADP
fsr-3399	211	43	april	april	PROPN
fsr-3399	211	44	2002	2002	NUM
fsr-3399	211	45	,	,	PUNCT
fsr-3399	211	46	followed	follow	VERB
fsr-3399	211	47	by	by	ADP
fsr-3399	211	48	the	the	DET
fsr-3399	211	49	may	may	PROPN
fsr-3399	211	50	–	–	PUNCT
fsr-3399	211	51	october	october	PROPN
fsr-3399	211	52	switch	switch	NOUN
fsr-3399	211	53	.	.	PUNCT
fsr-3399	212	1	the	the	DET
fsr-3399	212	2	analysis	analysis	NOUN
fsr-3399	212	3	for	for	ADP
fsr-3399	212	4	the	the	DET
fsr-3399	212	5	first	first	ADJ
fsr-3399	212	6	bear	bear	NOUN
fsr-3399	212	7	market	market	NOUN
fsr-3399	212	8	is	be	AUX
fsr-3399	212	9	provided	provide	VERB
fsr-3399	212	10	in	in	ADP
fsr-3399	212	11	table	table	NOUN
fsr-3399	212	12	7	7	NUM
fsr-3399	212	13	.	.	PUNCT
fsr-3399	213	1	for	for	ADP
fsr-3399	213	2	the	the	DET
fsr-3399	213	3	large	large	ADJ
fsr-3399	213	4	-	-	PUNCT
fsr-3399	213	5	cap	cap	NOUN
fsr-3399	213	6	fund	fund	NOUN
fsr-3399	213	7	,	,	PUNCT
fsr-3399	213	8	the	the	DET
fsr-3399	213	9	switching	switch	VERB
fsr-3399	213	10	strategy	strategy	NOUN
fsr-3399	213	11	shows	show	VERB
fsr-3399	213	12	a	a	DET
fsr-3399	213	13	return	return	NOUN
fsr-3399	213	14	of	of	ADP
fsr-3399	213	15	7.82	7.82	NUM
fsr-3399	213	16	%	%	NOUN
fsr-3399	213	17	from	from	ADP
fsr-3399	213	18	november	november	PROPN
fsr-3399	213	19	1999	1999	NUM
fsr-3399	213	20	to	to	ADP
fsr-3399	213	21	october	october	PROPN
fsr-3399	213	22	2000	2000	NUM
fsr-3399	213	23	,	,	PUNCT
fsr-3399	213	24	outperforming	outperform	VERB
fsr-3399	213	25	the	the	DET
fsr-3399	213	26	buy	buy	VERB
fsr-3399	213	27	-	-	PUNCT
fsr-3399	213	28	and	and	CCONJ
fsr-3399	213	29	-	-	PUNCT
fsr-3399	213	30	hold	hold	VERB
fsr-3399	213	31	approach	approach	NOUN
fsr-3399	213	32	by	by	ADP
fsr-3399	213	33	161	161	NUM
fsr-3399	213	34	basis	basis	NOUN
fsr-3399	213	35	points	point	NOUN
fsr-3399	213	36	.	.	PUNCT
fsr-3399	214	1	(	(	PUNCT
fsr-3399	214	2	although	although	SCONJ
fsr-3399	214	3	not	not	PART
fsr-3399	214	4	shown	show	VERB
fsr-3399	214	5	in	in	ADP
fsr-3399	214	6	the	the	DET
fsr-3399	214	7	table	table	NOUN
fsr-3399	214	8	,	,	PUNCT
fsr-3399	214	9	the	the	DET
fsr-3399	214	10	large	large	ADJ
fsr-3399	214	11	-	-	PUNCT
fsr-3399	214	12	cap	cap	NOUN
fsr-3399	214	13	fund	fund	NOUN
fsr-3399	214	14	registers	register	VERB
fsr-3399	214	15	a	a	DET
fsr-3399	214	16	decline	decline	NOUN
fsr-3399	214	17	of	of	ADP
fsr-3399	214	18	over	over	ADP
fsr-3399	214	19	6	6	NUM
fsr-3399	214	20	%	%	NOUN
fsr-3399	214	21	in	in	ADP
fsr-3399	214	22	the	the	DET
fsr-3399	214	23	first	first	ADJ
fsr-3399	214	24	quarter	quarter	NOUN
fsr-3399	214	25	of	of	ADP
fsr-3399	214	26	1999	1999	NUM
fsr-3399	214	27	,	,	PUNCT
fsr-3399	214	28	followed	follow	VERB
fsr-3399	214	29	by	by	ADP
fsr-3399	214	30	a	a	DET
fsr-3399	214	31	rise	rise	NOUN
fsr-3399	214	32	of	of	ADP
fsr-3399	214	33	over	over	ADP
fsr-3399	214	34	10	10	NUM
fsr-3399	214	35	%	%	NOUN
fsr-3399	214	36	by	by	ADP
fsr-3399	214	37	the	the	DET
fsr-3399	214	38	third	third	ADJ
fsr-3399	214	39	quarter	quarter	NOUN
fsr-3399	214	40	of	of	ADP
fsr-3399	214	41	2000	2000	NUM
fsr-3399	214	42	before	before	ADP
fsr-3399	214	43	continuing	continue	VERB
fsr-3399	214	44	its	its	PRON
fsr-3399	214	45	descent	descent	NOUN
fsr-3399	214	46	into	into	ADP
fsr-3399	214	47	the	the	DET
fsr-3399	214	48	fourth	fourth	ADJ
fsr-3399	214	49	quarter	quarter	NOUN
fsr-3399	214	50	and	and	CCONJ
fsr-3399	214	51	into	into	ADP
fsr-3399	214	52	2002	2002	NUM
fsr-3399	214	53	.	.	PUNCT
fsr-3399	214	54	)	)	PUNCT
fsr-3399	215	1	given	give	VERB
fsr-3399	215	2	the	the	DET
fsr-3399	215	3	returns	return	NOUN
fsr-3399	215	4	of	of	ADP
fsr-3399	215	5	�	�	NOUN
fsr-3399	215	6	11.84	11.84	NUM
fsr-3399	215	7	%	%	NOUN
fsr-3399	215	8	315a	315a	PROPN
fsr-3399	215	9	.	.	PUNCT
fsr-3399	216	1	loviscek	loviscek	NOUN
fsr-3399	216	2	,	,	PUNCT
fsr-3399	216	3	a.	a.	NOUN
fsr-3399	216	4	broder	broder	PROPN
fsr-3399	216	5	/	/	SYM
fsr-3399	216	6	financial	financial	ADJ
fsr-3399	216	7	services	service	NOUN
fsr-3399	216	8	review	review	VERB
fsr-3399	216	9	27	27	NUM
fsr-3399	216	10	(	(	PUNCT
fsr-3399	216	11	2018	2018	NUM
fsr-3399	216	12	)	)	PUNCT
fsr-3399	216	13	303	303	NUM
fsr-3399	216	14	-	-	SYM
fsr-3399	216	15	322	322	NUM
fsr-3399	216	16	and	and	CCONJ
fsr-3399	216	17	2.39	2.39	NUM
fsr-3399	216	18	%	%	NOUN
fsr-3399	216	19	in	in	ADP
fsr-3399	216	20	the	the	DET
fsr-3399	216	21	following	following	ADJ
fsr-3399	216	22	periods	period	NOUN
fsr-3399	216	23	,	,	PUNCT
fsr-3399	216	24	compared	compare	VERB
fsr-3399	216	25	with	with	ADP
fsr-3399	216	26	�	�	PROPN
fsr-3399	216	27	25.00	25.00	NUM
fsr-3399	216	28	%	%	NOUN
fsr-3399	216	29	and	and	CCONJ
fsr-3399	216	30	�	�	PROPN
fsr-3399	216	31	15.16	15.16	NUM
fsr-3399	216	32	%	%	NOUN
fsr-3399	216	33	for	for	ADP
fsr-3399	216	34	the	the	DET
fsr-3399	216	35	buy	buy	VERB
fsr-3399	216	36	-	-	PUNCT
fsr-3399	216	37	and	and	CCONJ
fsr-3399	216	38	hold	hold	VERB
fsr-3399	216	39	approach	approach	NOUN
fsr-3399	216	40	—	—	PUNCT
fsr-3399	216	41	a	a	DET
fsr-3399	216	42	mean	mean	ADJ
fsr-3399	216	43	difference	difference	NOUN
fsr-3399	216	44	of	of	ADP
fsr-3399	216	45	over	over	ADP
fsr-3399	216	46	1000	1000	NUM
fsr-3399	216	47	basis	basis	NOUN
fsr-3399	216	48	points	point	NOUN
fsr-3399	216	49	across	across	ADP
fsr-3399	216	50	the	the	DET
fsr-3399	216	51	three	three	NUM
fsr-3399	216	52	switching	switch	VERB
fsr-3399	216	53	periods	period	NOUN
fsr-3399	216	54	—	—	PUNCT
fsr-3399	216	55	the	the	DET
fsr-3399	216	56	switching	switch	VERB
fsr-3399	216	57	strategy	strategy	NOUN
fsr-3399	216	58	was	be	AUX
fsr-3399	216	59	an	an	DET
fsr-3399	216	60	effective	effective	ADJ
fsr-3399	216	61	hedge	hedge	NOUN
fsr-3399	216	62	during	during	ADP
fsr-3399	216	63	this	this	DET
fsr-3399	216	64	bear	bear	NOUN
fsr-3399	216	65	market	market	NOUN
fsr-3399	216	66	.	.	PUNCT
fsr-3399	217	1	a	a	DET
fsr-3399	217	2	similar	similar	ADJ
fsr-3399	217	3	impact	impact	NOUN
fsr-3399	217	4	occurs	occur	VERB
fsr-3399	217	5	with	with	ADP
fsr-3399	217	6	the	the	DET
fsr-3399	217	7	small	small	ADJ
fsr-3399	217	8	-	-	PUNCT
fsr-3399	217	9	cap	cap	NOUN
fsr-3399	217	10	and	and	CCONJ
fsr-3399	217	11	mid	mid	ADJ
fsr-3399	217	12	-	-	ADJ
fsr-3399	217	13	cap	cap	ADJ
fsr-3399	217	14	funds	fund	NOUN
fsr-3399	217	15	.	.	PUNCT
fsr-3399	218	1	in	in	ADP
fsr-3399	218	2	fact	fact	NOUN
fsr-3399	218	3	,	,	PUNCT
fsr-3399	218	4	they	they	PRON
fsr-3399	218	5	display	display	VERB
fsr-3399	218	6	double	double	ADJ
fsr-3399	218	7	-	-	PUNCT
fsr-3399	218	8	digit	digit	NOUN
fsr-3399	218	9	gains	gain	NOUN
fsr-3399	218	10	during	during	ADP
fsr-3399	218	11	the	the	DET
fsr-3399	218	12	period	period	NOUN
fsr-3399	218	13	november	november	PROPN
fsr-3399	218	14	2001	2001	NUM
fsr-3399	218	15	–	–	PUNCT
fsr-3399	218	16	october	october	PROPN
fsr-3399	218	17	2002	2002	NUM
fsr-3399	218	18	with	with	ADP
fsr-3399	218	19	the	the	DET
fsr-3399	218	20	switching	switch	VERB
fsr-3399	218	21	strategy	strategy	NOUN
fsr-3399	218	22	.	.	PUNCT
fsr-3399	219	1	the	the	DET
fsr-3399	219	2	balanced	balanced	ADJ
fsr-3399	219	3	fund	fund	NOUN
fsr-3399	219	4	posts	post	NOUN
fsr-3399	219	5	gains	gain	VERB
fsr-3399	219	6	throughout	throughout	ADP
fsr-3399	219	7	the	the	DET
fsr-3399	219	8	bear	bear	NOUN
fsr-3399	219	9	market	market	NOUN
fsr-3399	219	10	,	,	PUNCT
fsr-3399	219	11	with	with	ADP
fsr-3399	219	12	the	the	DET
fsr-3399	219	13	buy	buy	VERB
fsr-3399	219	14	-	-	PUNCT
fsr-3399	219	15	and	and	CCONJ
fsr-3399	219	16	-	-	PUNCT
fsr-3399	219	17	hold	hold	VERB
fsr-3399	219	18	approach	approach	NOUN
fsr-3399	219	19	registering	register	VERB
fsr-3399	219	20	increases	increase	NOUN
fsr-3399	219	21	that	that	PRON
fsr-3399	219	22	are	be	AUX
fsr-3399	219	23	greater	great	ADJ
fsr-3399	219	24	overall	overall	ADJ
fsr-3399	219	25	than	than	ADP
fsr-3399	219	26	those	those	PRON
fsr-3399	219	27	of	of	ADP
fsr-3399	219	28	the	the	DET
fsr-3399	219	29	switching	switch	VERB
fsr-3399	219	30	strategy	strategy	NOUN
fsr-3399	219	31	.	.	PUNCT
fsr-3399	220	1	all	all	PRON
fsr-3399	220	2	told	tell	VERB
fsr-3399	220	3	,	,	PUNCT
fsr-3399	220	4	the	the	DET
fsr-3399	220	5	switching	switch	VERB
fsr-3399	220	6	strategy	strategy	NOUN
fsr-3399	220	7	helped	help	VERB
fsr-3399	220	8	to	to	PART
fsr-3399	220	9	limit	limit	VERB
fsr-3399	220	10	losses	loss	NOUN
fsr-3399	220	11	during	during	ADP
fsr-3399	220	12	this	this	DET
fsr-3399	220	13	period	period	NOUN
fsr-3399	220	14	,	,	PUNCT
fsr-3399	220	15	at	at	ADP
fsr-3399	220	16	least	least	ADJ
fsr-3399	220	17	with	with	ADP
fsr-3399	220	18	respect	respect	NOUN
fsr-3399	220	19	to	to	ADP
fsr-3399	220	20	the	the	DET
fsr-3399	220	21	four	four	NUM
fsr-3399	220	22	funds	fund	NOUN
fsr-3399	220	23	,	,	PUNCT
fsr-3399	220	24	compared	compare	VERB
fsr-3399	220	25	with	with	ADP
fsr-3399	220	26	the	the	DET
fsr-3399	220	27	buy	buy	VERB
fsr-3399	220	28	-	-	PUNCT
fsr-3399	220	29	and	and	CCONJ
fsr-3399	220	30	-	-	PUNCT
fsr-3399	220	31	hold	hold	NOUN
fsr-3399	220	32	method	method	NOUN
fsr-3399	220	33	,	,	PUNCT
fsr-3399	220	34	expectedly	expectedly	ADV
fsr-3399	220	35	so	so	ADV
fsr-3399	220	36	given	give	VERB
fsr-3399	220	37	the	the	DET
fsr-3399	220	38	“	"	PUNCT
fsr-3399	220	39	riskfree	riskfree	NOUN
fsr-3399	220	40	”	"	PUNCT
fsr-3399	220	41	attributes	attribute	NOUN
fsr-3399	220	42	of	of	ADP
fsr-3399	220	43	u.s	u.s	PROPN
fsr-3399	220	44	.	.	PROPN
fsr-3399	220	45	treasury	treasury	PROPN
fsr-3399	220	46	bills	bill	NOUN
fsr-3399	220	47	.	.	PUNCT
fsr-3399	221	1	table	table	NOUN
fsr-3399	221	2	8	8	NUM
fsr-3399	221	3	represents	represent	VERB
fsr-3399	221	4	the	the	DET
fsr-3399	221	5	rates	rate	NOUN
fsr-3399	221	6	of	of	ADP
fsr-3399	221	7	return	return	NOUN
fsr-3399	221	8	on	on	ADP
fsr-3399	221	9	the	the	DET
fsr-3399	221	10	four	four	NUM
fsr-3399	221	11	funds	fund	NOUN
fsr-3399	221	12	in	in	ADP
fsr-3399	221	13	the	the	DET
fsr-3399	221	14	second	second	ADJ
fsr-3399	221	15	bear	bear	NOUN
fsr-3399	221	16	market	market	NOUN
fsr-3399	221	17	.	.	PUNCT
fsr-3399	222	1	it	it	PRON
fsr-3399	222	2	records	record	VERB
fsr-3399	222	3	two	two	NUM
fsr-3399	222	4	switching	switch	VERB
fsr-3399	222	5	strategies	strategy	NOUN
fsr-3399	222	6	.	.	PUNCT
fsr-3399	223	1	each	each	DET
fsr-3399	223	2	fund	fund	NOUN
fsr-3399	223	3	posts	post	VERB
fsr-3399	223	4	losses	loss	NOUN
fsr-3399	223	5	during	during	ADP
fsr-3399	223	6	the	the	DET
fsr-3399	223	7	switching	switch	VERB
fsr-3399	223	8	period	period	NOUN
fsr-3399	223	9	,	,	PUNCT
fsr-3399	223	10	with	with	ADP
fsr-3399	223	11	the	the	DET
fsr-3399	223	12	small	small	ADJ
fsr-3399	223	13	-	-	PUNCT
fsr-3399	223	14	cap	cap	NOUN
fsr-3399	223	15	fund	fund	NOUN
fsr-3399	223	16	registering	register	VERB
fsr-3399	223	17	the	the	DET
fsr-3399	223	18	largest	large	ADJ
fsr-3399	223	19	,	,	PUNCT
fsr-3399	223	20	at	at	ADP
fsr-3399	223	21	�	�	PROPN
fsr-3399	223	22	52.90	52.90	NUM
fsr-3399	223	23	%	%	NOUN
fsr-3399	223	24	,	,	PUNCT
fsr-3399	223	25	and	and	CCONJ
fsr-3399	223	26	the	the	DET
fsr-3399	223	27	balanced	balanced	ADJ
fsr-3399	223	28	fund	fund	NOUN
fsr-3399	223	29	displaying	display	VERB
fsr-3399	223	30	the	the	DET
fsr-3399	223	31	smallest	small	ADJ
fsr-3399	223	32	,	,	PUNCT
fsr-3399	223	33	at	at	ADP
fsr-3399	223	34	�	�	PROPN
fsr-3399	223	35	1.13	1.13	NUM
fsr-3399	223	36	%	%	NOUN
fsr-3399	223	37	.	.	PUNCT
fsr-3399	224	1	the	the	DET
fsr-3399	224	2	difference	difference	NOUN
fsr-3399	224	3	in	in	ADP
fsr-3399	224	4	losses	loss	NOUN
fsr-3399	224	5	between	between	ADP
fsr-3399	224	6	the	the	DET
fsr-3399	224	7	switching	switching	NOUN
fsr-3399	224	8	and	and	CCONJ
fsr-3399	224	9	buy	buy	VERB
fsr-3399	224	10	-	-	PUNCT
fsr-3399	224	11	and	and	CCONJ
fsr-3399	224	12	-	-	PUNCT
fsr-3399	224	13	hold	hold	NOUN
fsr-3399	224	14	strategies	strategy	NOUN
fsr-3399	224	15	is	be	AUX
fsr-3399	224	16	striking	strike	VERB
fsr-3399	224	17	at	at	ADP
fsr-3399	224	18	over	over	ADP
fsr-3399	224	19	7,800	7,800	NUM
fsr-3399	224	20	basis	basis	NOUN
fsr-3399	224	21	points	point	NOUN
fsr-3399	224	22	during	during	ADP
fsr-3399	224	23	the	the	DET
fsr-3399	224	24	first	first	ADJ
fsr-3399	224	25	switching	switching	NOUN
fsr-3399	224	26	strategy	strategy	NOUN
fsr-3399	224	27	,	,	PUNCT
fsr-3399	224	28	with	with	ADP
fsr-3399	224	29	the	the	DET
fsr-3399	224	30	mid	mid	ADJ
fsr-3399	224	31	-	-	ADJ
fsr-3399	224	32	cap	cap	NOUN
fsr-3399	224	33	fund	fund	NOUN
fsr-3399	224	34	registering	register	VERB
fsr-3399	224	35	the	the	DET
fsr-3399	224	36	largest	large	ADJ
fsr-3399	224	37	difference	difference	NOUN
fsr-3399	224	38	at	at	ADP
fsr-3399	224	39	over	over	ADP
fsr-3399	224	40	3,400	3,400	NUM
fsr-3399	224	41	basis	basis	NOUN
fsr-3399	224	42	points	point	NOUN
fsr-3399	224	43	.	.	PUNCT
fsr-3399	225	1	when	when	SCONJ
fsr-3399	225	2	combined	combined	ADJ
fsr-3399	225	3	table	table	NOUN
fsr-3399	225	4	7	7	NUM
fsr-3399	225	5	this	this	DET
fsr-3399	225	6	table	table	NOUN
fsr-3399	225	7	provides	provide	VERB
fsr-3399	225	8	the	the	DET
fsr-3399	225	9	results	result	NOUN
fsr-3399	225	10	for	for	ADP
fsr-3399	225	11	each	each	PRON
fsr-3399	225	12	of	of	ADP
fsr-3399	225	13	the	the	DET
fsr-3399	225	14	four	four	NUM
fsr-3399	225	15	funds	fund	NOUN
fsr-3399	225	16	during	during	ADP
fsr-3399	225	17	the	the	DET
fsr-3399	225	18	first	first	ADJ
fsr-3399	225	19	bear	bear	NOUN
fsr-3399	225	20	market	market	NOUN
fsr-3399	225	21	of	of	ADP
fsr-3399	225	22	the	the	DET
fsr-3399	225	23	21st	21st	ADJ
fsr-3399	225	24	century	century	NOUN
fsr-3399	225	25	,	,	PUNCT
fsr-3399	225	26	or	or	CCONJ
fsr-3399	225	27	from	from	ADP
fsr-3399	225	28	march	march	PROPN
fsr-3399	225	29	2000	2000	NUM
fsr-3399	225	30	through	through	ADP
fsr-3399	225	31	october	october	PROPN
fsr-3399	225	32	2002	2002	NUM
fsr-3399	225	33	large	large	ADJ
fsr-3399	225	34	-	-	PUNCT
fsr-3399	225	35	cap	cap	NOUN
fsr-3399	225	36	fund	fund	NOUN
fsr-3399	225	37	small	small	ADJ
fsr-3399	225	38	-	-	PUNCT
fsr-3399	225	39	cap	cap	NOUN
fsr-3399	225	40	fund	fund	NOUN
fsr-3399	225	41	mid	mid	ADJ
fsr-3399	225	42	-	-	PROPN
fsr-3399	225	43	cap	cap	ADJ
fsr-3399	225	44	fund	fund	NOUN
fsr-3399	225	45	balanced	balanced	PROPN
fsr-3399	225	46	fund	fund	PROPN
fsr-3399	225	47	nov	nov	PROPN
fsr-3399	225	48	.	.	PROPN
fsr-3399	225	49	1999	1999	NUM
fsr-3399	225	50	to	to	PART
fsr-3399	225	51	apr	apr	PROPN
fsr-3399	225	52	.	.	PROPN
fsr-3399	225	53	2000	2000	NUM
fsr-3399	225	54	may	may	AUX
fsr-3399	225	55	2000	2000	NUM
fsr-3399	225	56	to	to	ADP
fsr-3399	225	57	oct	oct	PROPN
fsr-3399	225	58	.	.	PROPN
fsr-3399	225	59	2000	2000	NUM
fsr-3399	225	60	total	total	ADJ
fsr-3399	225	61	return	return	NOUN
fsr-3399	225	62	(	(	PUNCT
fsr-3399	225	63	switching	switching	NOUN
fsr-3399	225	64	)	)	PUNCT
fsr-3399	225	65	7.82	7.82	NUM
fsr-3399	225	66	%	%	NOUN
fsr-3399	225	67	6.23	6.23	NUM
fsr-3399	225	68	%	%	NOUN
fsr-3399	225	69	28.90	28.90	NUM
fsr-3399	225	70	%	%	NOUN
fsr-3399	225	71	0.37	0.37	NUM
fsr-3399	225	72	%	%	NOUN
fsr-3399	225	73	total	total	ADJ
fsr-3399	225	74	return	return	NOUN
fsr-3399	225	75	(	(	PUNCT
fsr-3399	225	76	buy	buy	NOUN
fsr-3399	225	77	-	-	PUNCT
fsr-3399	225	78	and	and	CCONJ
fsr-3399	225	79	-	-	PUNCT
fsr-3399	225	80	hold	hold	VERB
fsr-3399	225	81	)	)	PUNCT
fsr-3399	225	82	6.21	6.21	NUM
fsr-3399	225	83	9.06	9.06	NUM
fsr-3399	225	84	31.07	31.07	NUM
fsr-3399	225	85	8.71	8.71	NUM
fsr-3399	225	86	nov	nov	PROPN
fsr-3399	225	87	.	.	PROPN
fsr-3399	225	88	2000	2000	NUM
fsr-3399	225	89	to	to	PART
fsr-3399	225	90	apr	apr	PROPN
fsr-3399	225	91	.	.	PUNCT
fsr-3399	226	1	2001	2001	NUM
fsr-3399	226	2	may	may	AUX
fsr-3399	226	3	2001	2001	NUM
fsr-3399	226	4	to	to	ADP
fsr-3399	226	5	oct	oct	PROPN
fsr-3399	226	6	.	.	PROPN
fsr-3399	226	7	2001	2001	NUM
fsr-3399	226	8	total	total	ADJ
fsr-3399	226	9	return	return	NOUN
fsr-3399	226	10	(	(	PUNCT
fsr-3399	226	11	switching	switching	NOUN
fsr-3399	226	12	)	)	PUNCT
fsr-3399	226	13	�	�	PROPN
fsr-3399	226	14	11.84	11.84	NUM
fsr-3399	226	15	�	�	PROPN
fsr-3399	226	16	3.92	3.92	NUM
fsr-3399	226	17	�	�	PROPN
fsr-3399	226	18	7.73	7.73	NUM
fsr-3399	226	19	8.83	8.83	NUM
fsr-3399	226	20	total	total	ADJ
fsr-3399	226	21	return	return	NOUN
fsr-3399	226	22	(	(	PUNCT
fsr-3399	226	23	buy	buy	NOUN
fsr-3399	226	24	-	-	PUNCT
fsr-3399	226	25	and	and	CCONJ
fsr-3399	226	26	-	-	PUNCT
fsr-3399	226	27	hold	hold	VERB
fsr-3399	226	28	)	)	PUNCT
fsr-3399	226	29	�	�	PROPN
fsr-3399	226	30	25.00	25.00	NUM
fsr-3399	226	31	�	�	PROPN
fsr-3399	226	32	24.95	24.95	NUM
fsr-3399	226	33	�	�	NOUN
fsr-3399	226	34	21.40	21.40	NUM
fsr-3399	226	35	12.01	12.01	NUM
fsr-3399	226	36	nov	nov	PROPN
fsr-3399	226	37	.	.	PROPN
fsr-3399	226	38	2001	2001	NUM
fsr-3399	226	39	to	to	ADP
fsr-3399	226	40	apr	apr	PROPN
fsr-3399	226	41	.	.	PUNCT
fsr-3399	227	1	2002	2002	NUM
fsr-3399	227	2	may	may	AUX
fsr-3399	227	3	2002	2002	NUM
fsr-3399	227	4	to	to	ADP
fsr-3399	227	5	oct	oct	PROPN
fsr-3399	227	6	.	.	PROPN
fsr-3399	227	7	2002	2002	NUM
fsr-3399	227	8	total	total	ADJ
fsr-3399	227	9	return	return	NOUN
fsr-3399	227	10	(	(	PUNCT
fsr-3399	227	11	switching	switching	NOUN
fsr-3399	227	12	)	)	PUNCT
fsr-3399	227	13	2.39	2.39	NUM
fsr-3399	227	14	28.97	28.97	NUM
fsr-3399	227	15	19.20	19.20	NUM
fsr-3399	227	16	2.59	2.59	NUM
fsr-3399	227	17	total	total	ADJ
fsr-3399	227	18	return	return	NOUN
fsr-3399	227	19	(	(	PUNCT
fsr-3399	227	20	buy	buy	NOUN
fsr-3399	227	21	-	-	PUNCT
fsr-3399	227	22	and	and	CCONJ
fsr-3399	227	23	-	-	PUNCT
fsr-3399	227	24	hold	hold	VERB
fsr-3399	227	25	)	)	PUNCT
fsr-3399	227	26	�	�	PROPN
fsr-3399	227	27	15.16	15.16	NUM
fsr-3399	227	28	9.15	9.15	NUM
fsr-3399	227	29	�	�	PROPN
fsr-3399	227	30	0.37	0.37	NUM
fsr-3399	227	31	2.10	2.10	NUM
fsr-3399	227	32	three	three	NUM
fsr-3399	227	33	switching	switching	NOUN
fsr-3399	227	34	periods	period	NOUN
fsr-3399	227	35	occur	occur	VERB
fsr-3399	227	36	during	during	ADP
fsr-3399	227	37	this	this	DET
fsr-3399	227	38	time	time	NOUN
fsr-3399	227	39	.	.	PUNCT
fsr-3399	228	1	table	table	NOUN
fsr-3399	228	2	8	8	NUM
fsr-3399	228	3	this	this	DET
fsr-3399	228	4	table	table	NOUN
fsr-3399	228	5	provides	provide	VERB
fsr-3399	228	6	the	the	DET
fsr-3399	228	7	results	result	NOUN
fsr-3399	228	8	for	for	ADP
fsr-3399	228	9	each	each	PRON
fsr-3399	228	10	of	of	ADP
fsr-3399	228	11	the	the	DET
fsr-3399	228	12	four	four	NUM
fsr-3399	228	13	funds	fund	NOUN
fsr-3399	228	14	during	during	ADP
fsr-3399	228	15	the	the	DET
fsr-3399	228	16	second	second	ADJ
fsr-3399	228	17	bear	bear	NOUN
fsr-3399	228	18	market	market	NOUN
fsr-3399	228	19	of	of	ADP
fsr-3399	228	20	the	the	DET
fsr-3399	228	21	21st	21st	ADJ
fsr-3399	228	22	century	century	NOUN
fsr-3399	228	23	,	,	PUNCT
fsr-3399	228	24	or	or	CCONJ
fsr-3399	228	25	from	from	ADP
fsr-3399	228	26	october	october	PROPN
fsr-3399	228	27	2007	2007	NUM
fsr-3399	228	28	through	through	ADP
fsr-3399	228	29	march	march	PROPN
fsr-3399	228	30	2009	2009	NUM
fsr-3399	228	31	large	large	ADJ
fsr-3399	228	32	-	-	PUNCT
fsr-3399	228	33	cap	cap	NOUN
fsr-3399	228	34	fund	fund	NOUN
fsr-3399	228	35	small	small	ADJ
fsr-3399	228	36	-	-	PUNCT
fsr-3399	228	37	cap	cap	NOUN
fsr-3399	228	38	fund	fund	NOUN
fsr-3399	228	39	mid	mid	ADJ
fsr-3399	228	40	-	-	PROPN
fsr-3399	228	41	cap	cap	ADJ
fsr-3399	228	42	fund	fund	NOUN
fsr-3399	228	43	balanced	balanced	PROPN
fsr-3399	228	44	fund	fund	PROPN
fsr-3399	228	45	nov	nov	PROPN
fsr-3399	228	46	.	.	PROPN
fsr-3399	228	47	2007	2007	NUM
fsr-3399	228	48	to	to	ADP
fsr-3399	228	49	apr	apr	PROPN
fsr-3399	228	50	.	.	PROPN
fsr-3399	228	51	2008	2008	NUM
fsr-3399	228	52	may	may	PROPN
fsr-3399	228	53	2008	2008	NUM
fsr-3399	228	54	to	to	ADP
fsr-3399	228	55	oct	oct	PROPN
fsr-3399	228	56	.	.	PROPN
fsr-3399	228	57	2008	2008	NUM
fsr-3399	228	58	total	total	NOUN
fsr-3399	228	59	return	return	NOUN
fsr-3399	228	60	(	(	PUNCT
fsr-3399	228	61	switching	switching	NOUN
fsr-3399	228	62	)	)	PUNCT
fsr-3399	228	63	�	�	PROPN
fsr-3399	228	64	9.56	9.56	NUM
fsr-3399	228	65	%	%	NOUN
fsr-3399	228	66	�	�	NOUN
fsr-3399	228	67	23.85	23.85	NUM
fsr-3399	228	68	%	%	NOUN
fsr-3399	228	69	�	�	NOUN
fsr-3399	228	70	11.93	11.93	NUM
fsr-3399	228	71	%	%	NOUN
fsr-3399	228	72	�	�	PROPN
fsr-3399	228	73	1.13	1.13	NUM
fsr-3399	228	74	%	%	NOUN
fsr-3399	228	75	total	total	ADJ
fsr-3399	228	76	return	return	NOUN
fsr-3399	228	77	(	(	PUNCT
fsr-3399	228	78	buy	buy	NOUN
fsr-3399	228	79	-	-	PUNCT
fsr-3399	228	80	and	and	CCONJ
fsr-3399	228	81	-	-	PUNCT
fsr-3399	228	82	hold	hold	VERB
fsr-3399	228	83	)	)	PUNCT
fsr-3399	228	84	�	�	PROPN
fsr-3399	228	85	11.23	11.23	NUM
fsr-3399	228	86	�	�	PROPN
fsr-3399	228	87	52.90	52.90	NUM
fsr-3399	228	88	�	�	PROPN
fsr-3399	228	89	46.22	46.22	NUM
fsr-3399	228	90	�	�	PROPN
fsr-3399	228	91	14.25	14.25	NUM
fsr-3399	228	92	nov	nov	PROPN
fsr-3399	228	93	.	.	PROPN
fsr-3399	228	94	2008	2008	NUM
fsr-3399	228	95	to	to	ADP
fsr-3399	228	96	apr	apr	PROPN
fsr-3399	228	97	.	.	PROPN
fsr-3399	229	1	2009	2009	NUM
fsr-3399	229	2	may	may	PROPN
fsr-3399	229	3	2009	2009	NUM
fsr-3399	229	4	to	to	ADP
fsr-3399	229	5	oct	oct	PROPN
fsr-3399	229	6	.	.	PROPN
fsr-3399	229	7	2009	2009	NUM
fsr-3399	229	8	total	total	NOUN
fsr-3399	229	9	return	return	NOUN
fsr-3399	229	10	(	(	PUNCT
fsr-3399	229	11	switching	switching	NOUN
fsr-3399	229	12	)	)	PUNCT
fsr-3399	229	13	�	�	PROPN
fsr-3399	229	14	8.50	8.50	NUM
fsr-3399	229	15	3.53	3.53	NUM
fsr-3399	229	16	�	�	PROPN
fsr-3399	229	17	3.83	3.83	NUM
fsr-3399	229	18	0.99	0.99	NUM
fsr-3399	229	19	total	total	NOUN
fsr-3399	229	20	return	return	NOUN
fsr-3399	229	21	(	(	PUNCT
fsr-3399	229	22	buy	buy	NOUN
fsr-3399	229	23	-	-	PUNCT
fsr-3399	229	24	and	and	CCONJ
fsr-3399	229	25	-	-	PUNCT
fsr-3399	229	26	hold	hold	VERB
fsr-3399	229	27	)	)	PUNCT
fsr-3399	229	28	9.86	9.86	NUM
fsr-3399	229	29	38.93	38.93	NUM
fsr-3399	229	30	15.41	15.41	NUM
fsr-3399	229	31	17.53	17.53	NUM
fsr-3399	229	32	two	two	NUM
fsr-3399	229	33	switching	switching	NOUN
fsr-3399	229	34	periods	period	NOUN
fsr-3399	229	35	occur	occur	VERB
fsr-3399	229	36	during	during	ADP
fsr-3399	229	37	this	this	DET
fsr-3399	229	38	time	time	NOUN
fsr-3399	229	39	.	.	PUNCT
fsr-3399	230	1	316	316	NUM
fsr-3399	230	2	a.	a.	NOUN
fsr-3399	230	3	loviscek	loviscek	NOUN
fsr-3399	230	4	,	,	PUNCT
fsr-3399	230	5	a.	a.	NOUN
fsr-3399	230	6	broder	broder	PROPN
fsr-3399	230	7	/	/	SYM
fsr-3399	230	8	financial	financial	ADJ
fsr-3399	230	9	services	service	NOUN
fsr-3399	230	10	review	review	VERB
fsr-3399	230	11	27	27	NUM
fsr-3399	230	12	(	(	PUNCT
fsr-3399	230	13	2018	2018	NUM
fsr-3399	230	14	)	)	PUNCT
fsr-3399	230	15	303	303	NUM
fsr-3399	230	16	-	-	SYM
fsr-3399	230	17	322	322	NUM
fsr-3399	230	18	with	with	ADP
fsr-3399	230	19	the	the	DET
fsr-3399	230	20	results	result	NOUN
fsr-3399	230	21	in	in	ADP
fsr-3399	230	22	table	table	NOUN
fsr-3399	230	23	7	7	NUM
fsr-3399	230	24	,	,	PUNCT
fsr-3399	230	25	the	the	DET
fsr-3399	230	26	switching	switch	VERB
fsr-3399	230	27	strategy	strategy	NOUN
fsr-3399	230	28	helped	help	VERB
fsr-3399	230	29	to	to	PART
fsr-3399	230	30	limit	limit	VERB
fsr-3399	230	31	losses	loss	NOUN
fsr-3399	230	32	during	during	ADP
fsr-3399	230	33	this	this	DET
fsr-3399	230	34	period	period	NOUN
fsr-3399	230	35	and	and	CCONJ
fsr-3399	230	36	may	may	AUX
fsr-3399	230	37	serve	serve	VERB
fsr-3399	230	38	as	as	ADP
fsr-3399	230	39	a	a	DET
fsr-3399	230	40	guide	guide	NOUN
fsr-3399	230	41	in	in	ADP
fsr-3399	230	42	future	future	ADJ
fsr-3399	230	43	bear	bear	NOUN
fsr-3399	230	44	markets	market	NOUN
fsr-3399	230	45	.	.	PUNCT
fsr-3399	231	1	table	table	NOUN
fsr-3399	231	2	9	9	NUM
fsr-3399	231	3	displays	display	VERB
fsr-3399	231	4	the	the	DET
fsr-3399	231	5	results	result	NOUN
fsr-3399	231	6	from	from	ADP
fsr-3399	231	7	the	the	DET
fsr-3399	231	8	first	first	ADJ
fsr-3399	231	9	bull	bull	NOUN
fsr-3399	231	10	market	market	NOUN
fsr-3399	231	11	of	of	ADP
fsr-3399	231	12	the	the	DET
fsr-3399	231	13	21st	21st	ADJ
fsr-3399	231	14	century	century	NOUN
fsr-3399	231	15	,	,	PUNCT
fsr-3399	231	16	with	with	ADP
fsr-3399	231	17	four	four	NUM
fsr-3399	231	18	switching	switching	NOUN
fsr-3399	231	19	strategies	strategy	NOUN
fsr-3399	231	20	occurring	occur	VERB
fsr-3399	231	21	.	.	PUNCT
fsr-3399	232	1	all	all	DET
fsr-3399	232	2	returns	return	NOUN
fsr-3399	232	3	are	be	AUX
fsr-3399	232	4	positive	positive	ADJ
fsr-3399	232	5	.	.	PUNCT
fsr-3399	233	1	the	the	DET
fsr-3399	233	2	buy	buy	VERB
fsr-3399	233	3	-	-	PUNCT
fsr-3399	233	4	and	and	CCONJ
fsr-3399	233	5	-	-	PUNCT
fsr-3399	233	6	hold	hold	VERB
fsr-3399	233	7	strategy	strategy	NOUN
fsr-3399	233	8	records	record	VERB
fsr-3399	233	9	higher	high	ADJ
fsr-3399	233	10	returns	return	NOUN
fsr-3399	233	11	in	in	ADP
fsr-3399	233	12	12	12	NUM
fsr-3399	233	13	of	of	ADP
fsr-3399	233	14	the	the	DET
fsr-3399	233	15	16	16	NUM
fsr-3399	233	16	comparisons	comparison	NOUN
fsr-3399	233	17	,	,	PUNCT
fsr-3399	233	18	displaying	display	VERB
fsr-3399	233	19	double	double	ADJ
fsr-3399	233	20	-	-	PUNCT
fsr-3399	233	21	digit	digit	NOUN
fsr-3399	233	22	returns	return	NOUN
fsr-3399	233	23	in	in	ADP
fsr-3399	233	24	eight	eight	NUM
fsr-3399	233	25	instances	instance	NOUN
fsr-3399	233	26	compared	compare	VERB
fsr-3399	233	27	with	with	ADP
fsr-3399	233	28	the	the	DET
fsr-3399	233	29	five	five	NUM
fsr-3399	233	30	for	for	ADP
fsr-3399	233	31	the	the	DET
fsr-3399	233	32	switching	switch	VERB
fsr-3399	233	33	strategy	strategy	NOUN
fsr-3399	233	34	.	.	PUNCT
fsr-3399	234	1	for	for	ADP
fsr-3399	234	2	the	the	DET
fsr-3399	234	3	small	small	ADJ
fsr-3399	234	4	-	-	PUNCT
fsr-3399	234	5	cap	cap	NOUN
fsr-3399	234	6	and	and	CCONJ
fsr-3399	234	7	mid	mid	ADJ
fsr-3399	234	8	-	-	ADJ
fsr-3399	234	9	cap	cap	ADJ
fsr-3399	234	10	funds	fund	NOUN
fsr-3399	234	11	,	,	PUNCT
fsr-3399	234	12	the	the	DET
fsr-3399	234	13	buy	buy	VERB
fsr-3399	234	14	-	-	PUNCT
fsr-3399	234	15	and	and	CCONJ
fsr-3399	234	16	-	-	PUNCT
fsr-3399	234	17	hold	hold	VERB
fsr-3399	234	18	approach	approach	NOUN
fsr-3399	234	19	registers	register	NOUN
fsr-3399	234	20	impressive	impressive	ADJ
fsr-3399	234	21	double	double	ADJ
fsr-3399	234	22	-	-	PUNCT
fsr-3399	234	23	digit	digit	NOUN
fsr-3399	234	24	gains	gain	NOUN
fsr-3399	234	25	in	in	ADP
fsr-3399	234	26	the	the	DET
fsr-3399	234	27	second	second	ADJ
fsr-3399	234	28	switching	switching	NOUN
fsr-3399	234	29	period	period	NOUN
fsr-3399	234	30	,	,	PUNCT
fsr-3399	234	31	or	or	CCONJ
fsr-3399	234	32	18.59	18.59	NUM
fsr-3399	234	33	%	%	NOUN
fsr-3399	234	34	and	and	CCONJ
fsr-3399	234	35	16.58	16.58	NUM
fsr-3399	234	36	%	%	NOUN
fsr-3399	234	37	,	,	PUNCT
fsr-3399	234	38	respectively	respectively	ADV
fsr-3399	234	39	,	,	PUNCT
fsr-3399	234	40	with	with	ADP
fsr-3399	234	41	the	the	DET
fsr-3399	234	42	mid	mid	ADJ
fsr-3399	234	43	-	-	ADJ
fsr-3399	234	44	cap	cap	NOUN
fsr-3399	234	45	fund	fund	NOUN
fsr-3399	234	46	recording	recording	NOUN
fsr-3399	234	47	a	a	DET
fsr-3399	234	48	higher	high	ADJ
fsr-3399	234	49	gain	gain	NOUN
fsr-3399	234	50	by	by	ADP
fsr-3399	234	51	1,274	1,274	NUM
fsr-3399	234	52	basis	basis	NOUN
fsr-3399	234	53	points	point	NOUN
fsr-3399	234	54	.	.	PUNCT
fsr-3399	235	1	both	both	DET
fsr-3399	235	2	the	the	DET
fsr-3399	235	3	buy	buy	VERB
fsr-3399	235	4	-	-	PUNCT
fsr-3399	235	5	and	and	CCONJ
fsr-3399	235	6	-	-	PUNCT
fsr-3399	235	7	hold	hold	VERB
fsr-3399	235	8	large	large	ADJ
fsr-3399	235	9	-	-	PUNCT
fsr-3399	235	10	cap	cap	NOUN
fsr-3399	235	11	and	and	CCONJ
fsr-3399	235	12	balanced	balanced	ADJ
fsr-3399	235	13	funds	fund	NOUN
fsr-3399	235	14	show	show	VERB
fsr-3399	235	15	higher	high	ADJ
fsr-3399	235	16	returns	return	NOUN
fsr-3399	235	17	in	in	ADP
fsr-3399	235	18	all	all	DET
fsr-3399	235	19	four	four	NUM
fsr-3399	235	20	switching	switch	VERB
fsr-3399	235	21	periods	period	NOUN
fsr-3399	235	22	.	.	PUNCT
fsr-3399	236	1	table	table	NOUN
fsr-3399	236	2	10	10	NUM
fsr-3399	236	3	illustrates	illustrate	VERB
fsr-3399	236	4	the	the	DET
fsr-3399	236	5	returns	return	NOUN
fsr-3399	236	6	across	across	ADP
fsr-3399	236	7	the	the	DET
fsr-3399	236	8	four	four	NUM
fsr-3399	236	9	funds	fund	NOUN
fsr-3399	236	10	during	during	ADP
fsr-3399	236	11	the	the	DET
fsr-3399	236	12	second	second	ADJ
fsr-3399	236	13	bull	bull	NOUN
fsr-3399	236	14	market	market	NOUN
fsr-3399	236	15	,	,	PUNCT
fsr-3399	236	16	or	or	CCONJ
fsr-3399	236	17	from	from	ADP
fsr-3399	236	18	march	march	PROPN
fsr-3399	236	19	2009	2009	NUM
fsr-3399	236	20	through	through	ADP
fsr-3399	236	21	october	october	PROPN
fsr-3399	236	22	2016	2016	NUM
fsr-3399	236	23	.	.	PUNCT
fsr-3399	237	1	across	across	ADP
fsr-3399	237	2	all	all	DET
fsr-3399	237	3	32	32	NUM
fsr-3399	237	4	returns	return	NOUN
fsr-3399	237	5	,	,	PUNCT
fsr-3399	237	6	the	the	DET
fsr-3399	237	7	buy	buy	VERB
fsr-3399	237	8	-	-	PUNCT
fsr-3399	237	9	and	and	CCONJ
fsr-3399	237	10	-	-	PUNCT
fsr-3399	237	11	hold	hold	NOUN
fsr-3399	237	12	outperforms	outperform	VERB
fsr-3399	237	13	the	the	DET
fsr-3399	237	14	switching	switch	VERB
fsr-3399	237	15	strategy	strategy	NOUN
fsr-3399	237	16	23	23	NUM
fsr-3399	237	17	times	time	NOUN
fsr-3399	237	18	.	.	PUNCT
fsr-3399	238	1	the	the	DET
fsr-3399	238	2	small	small	ADJ
fsr-3399	238	3	-	-	PUNCT
fsr-3399	238	4	cap	cap	NOUN
fsr-3399	238	5	fund	fund	NOUN
fsr-3399	238	6	shows	show	VERB
fsr-3399	238	7	a	a	DET
fsr-3399	238	8	jump	jump	NOUN
fsr-3399	238	9	of	of	ADP
fsr-3399	238	10	38.93	38.93	NUM
fsr-3399	238	11	%	%	NOUN
fsr-3399	238	12	in	in	ADP
fsr-3399	238	13	the	the	DET
fsr-3399	238	14	immediate	immediate	ADJ
fsr-3399	238	15	post	post	ADJ
fsr-3399	238	16	-	-	ADJ
fsr-3399	238	17	financial	financial	ADJ
fsr-3399	238	18	crisis	crisis	NOUN
fsr-3399	238	19	period	period	NOUN
fsr-3399	238	20	,	,	PUNCT
fsr-3399	238	21	followed	follow	VERB
fsr-3399	238	22	by	by	ADP
fsr-3399	238	23	a	a	DET
fsr-3399	238	24	return	return	NOUN
fsr-3399	238	25	of	of	ADP
fsr-3399	238	26	25.75	25.75	NUM
fsr-3399	238	27	%	%	NOUN
fsr-3399	238	28	in	in	ADP
fsr-3399	238	29	the	the	DET
fsr-3399	238	30	next	next	ADJ
fsr-3399	238	31	period	period	NOUN
fsr-3399	238	32	.	.	PUNCT
fsr-3399	239	1	together	together	ADV
fsr-3399	239	2	,	,	PUNCT
fsr-3399	239	3	they	they	PRON
fsr-3399	239	4	help	help	VERB
fsr-3399	239	5	to	to	PART
fsr-3399	239	6	offset	offset	VERB
fsr-3399	239	7	most	most	ADV
fsr-3399	239	8	(	(	PUNCT
fsr-3399	239	9	but	but	CCONJ
fsr-3399	239	10	not	not	PART
fsr-3399	239	11	all	all	PRON
fsr-3399	239	12	)	)	PUNCT
fsr-3399	239	13	of	of	ADP
fsr-3399	239	14	the	the	DET
fsr-3399	239	15	loss	loss	NOUN
fsr-3399	239	16	of	of	ADP
fsr-3399	239	17	52.90	52.90	NUM
fsr-3399	239	18	%	%	NOUN
fsr-3399	239	19	during	during	ADP
fsr-3399	239	20	the	the	DET
fsr-3399	239	21	bear	bear	NOUN
fsr-3399	239	22	market	market	NOUN
fsr-3399	239	23	of	of	ADP
fsr-3399	239	24	2007–2009	2007–2009	NUM
fsr-3399	239	25	.	.	PUNCT
fsr-3399	240	1	although	although	SCONJ
fsr-3399	240	2	it	it	PRON
fsr-3399	240	3	does	do	AUX
fsr-3399	240	4	not	not	PART
fsr-3399	240	5	post	post	VERB
fsr-3399	240	6	the	the	DET
fsr-3399	240	7	highest	high	ADJ
fsr-3399	240	8	returns	return	NOUN
fsr-3399	240	9	,	,	PUNCT
fsr-3399	240	10	the	the	DET
fsr-3399	240	11	steadiest	steady	ADJ
fsr-3399	240	12	performer	performer	NOUN
fsr-3399	240	13	during	during	ADP
fsr-3399	240	14	this	this	DET
fsr-3399	240	15	period	period	NOUN
fsr-3399	240	16	is	be	AUX
fsr-3399	240	17	the	the	DET
fsr-3399	240	18	balanced	balanced	ADJ
fsr-3399	240	19	fund	fund	NOUN
fsr-3399	240	20	,	,	PUNCT
fsr-3399	240	21	registering	register	VERB
fsr-3399	240	22	double	double	ADJ
fsr-3399	240	23	-	-	PUNCT
fsr-3399	240	24	digit	digit	NOUN
fsr-3399	240	25	gains	gain	NOUN
fsr-3399	240	26	on	on	ADP
fsr-3399	240	27	three	three	NUM
fsr-3399	240	28	occasions	occasion	NOUN
fsr-3399	240	29	,	,	PUNCT
fsr-3399	240	30	with	with	ADP
fsr-3399	240	31	the	the	DET
fsr-3399	240	32	highest	high	ADJ
fsr-3399	240	33	at	at	ADP
fsr-3399	240	34	17.53	17.53	NUM
fsr-3399	240	35	%	%	NOUN
fsr-3399	240	36	.	.	PUNCT
fsr-3399	241	1	however	however	ADV
fsr-3399	241	2	,	,	PUNCT
fsr-3399	241	3	the	the	DET
fsr-3399	241	4	degree	degree	NOUN
fsr-3399	241	5	of	of	ADP
fsr-3399	241	6	risk	risk	NOUN
fsr-3399	241	7	tolerance	tolerance	NOUN
fsr-3399	241	8	of	of	ADP
fsr-3399	241	9	the	the	DET
fsr-3399	241	10	investor	investor	NOUN
fsr-3399	241	11	comes	come	VERB
fsr-3399	241	12	into	into	ADP
fsr-3399	241	13	play	play	NOUN
fsr-3399	241	14	,	,	PUNCT
fsr-3399	241	15	considering	consider	VERB
fsr-3399	241	16	the	the	DET
fsr-3399	241	17	higher	high	ADJ
fsr-3399	241	18	risk	risk	NOUN
fsr-3399	241	19	of	of	ADP
fsr-3399	241	20	the	the	DET
fsr-3399	241	21	buy	buy	VERB
fsr-3399	241	22	-	-	PUNCT
fsr-3399	241	23	and	and	CCONJ
fsr-3399	241	24	-	-	PUNCT
fsr-3399	241	25	hold	hold	VERB
fsr-3399	241	26	approach	approach	NOUN
fsr-3399	241	27	.	.	PUNCT
fsr-3399	242	1	these	these	DET
fsr-3399	242	2	results	result	NOUN
fsr-3399	242	3	suggest	suggest	VERB
fsr-3399	242	4	that	that	SCONJ
fsr-3399	242	5	the	the	DET
fsr-3399	242	6	switching	switch	VERB
fsr-3399	242	7	strategy	strategy	NOUN
fsr-3399	242	8	can	can	AUX
fsr-3399	242	9	be	be	AUX
fsr-3399	242	10	a	a	DET
fsr-3399	242	11	worthy	worthy	ADJ
fsr-3399	242	12	alternative	alternative	NOUN
fsr-3399	242	13	to	to	ADP
fsr-3399	242	14	the	the	DET
fsr-3399	242	15	buy	buy	NOUN
fsr-3399	242	16	-	-	PUNCT
fsr-3399	242	17	andhold	andhold	VERB
fsr-3399	242	18	approach	approach	NOUN
fsr-3399	242	19	during	during	ADP
fsr-3399	242	20	risk	risk	NOUN
fsr-3399	242	21	-	-	PUNCT
fsr-3399	242	22	off	off	ADP
fsr-3399	242	23	periods	period	NOUN
fsr-3399	242	24	,	,	PUNCT
fsr-3399	242	25	at	at	ADP
fsr-3399	242	26	least	least	ADJ
fsr-3399	242	27	with	with	ADP
fsr-3399	242	28	respect	respect	NOUN
fsr-3399	242	29	to	to	ADP
fsr-3399	242	30	the	the	DET
fsr-3399	242	31	four	four	NUM
fsr-3399	242	32	mutual	mutual	ADJ
fsr-3399	242	33	funds	fund	NOUN
fsr-3399	242	34	,	,	PUNCT
fsr-3399	242	35	tempering	temper	VERB
fsr-3399	242	36	somewhat	somewhat	ADV
fsr-3399	242	37	the	the	DET
fsr-3399	242	38	failure	failure	NOUN
fsr-3399	242	39	to	to	PART
fsr-3399	242	40	reject	reject	VERB
fsr-3399	242	41	the	the	DET
fsr-3399	242	42	hypothesis	hypothesis	NOUN
fsr-3399	242	43	under	under	ADP
fsr-3399	242	44	test	test	NOUN
fsr-3399	242	45	.	.	PUNCT
fsr-3399	243	1	because	because	SCONJ
fsr-3399	243	2	the	the	DET
fsr-3399	243	3	strategy	strategy	NOUN
fsr-3399	243	4	calls	call	VERB
fsr-3399	243	5	for	for	ADP
fsr-3399	243	6	a	a	DET
fsr-3399	243	7	move	move	NOUN
fsr-3399	243	8	into	into	ADP
fsr-3399	243	9	u.s	u.s	PROPN
fsr-3399	243	10	.	.	PROPN
fsr-3399	243	11	treasury	treasury	PROPN
fsr-3399	243	12	bills	bill	NOUN
fsr-3399	243	13	during	during	ADP
fsr-3399	243	14	the	the	DET
fsr-3399	243	15	flat	flat	ADJ
fsr-3399	243	16	-	-	PUNCT
fsr-3399	243	17	to	to	ADP
fsr-3399	243	18	-	-	PUNCT
fsr-3399	243	19	down	down	ADP
fsr-3399	243	20	months	month	NOUN
fsr-3399	243	21	of	of	ADP
fsr-3399	243	22	the	the	DET
fsr-3399	243	23	year	year	NOUN
fsr-3399	243	24	,	,	PUNCT
fsr-3399	243	25	it	it	PRON
fsr-3399	243	26	shows	show	VERB
fsr-3399	243	27	the	the	DET
fsr-3399	243	28	increase	increase	NOUN
fsr-3399	243	29	in	in	ADP
fsr-3399	243	30	portfolio	portfolio	NOUN
fsr-3399	243	31	performance	performance	NOUN
fsr-3399	243	32	through	through	ADP
fsr-3399	243	33	risk	risk	NOUN
fsr-3399	243	34	reduction	reduction	NOUN
fsr-3399	243	35	.	.	PUNCT
fsr-3399	244	1	as	as	ADP
fsr-3399	244	2	a	a	DET
fsr-3399	244	3	result	result	NOUN
fsr-3399	244	4	,	,	PUNCT
fsr-3399	244	5	individual	individual	ADJ
fsr-3399	244	6	investors	investor	NOUN
fsr-3399	244	7	may	may	AUX
fsr-3399	244	8	want	want	VERB
fsr-3399	244	9	to	to	PART
fsr-3399	244	10	“	"	PUNCT
fsr-3399	244	11	buy	buy	VERB
fsr-3399	244	12	and	and	CCONJ
fsr-3399	244	13	hold	hold	VERB
fsr-3399	244	14	”	"	PUNCT
fsr-3399	244	15	table	table	NOUN
fsr-3399	244	16	9	9	NUM
fsr-3399	244	17	this	this	DET
fsr-3399	244	18	table	table	NOUN
fsr-3399	244	19	provides	provide	VERB
fsr-3399	244	20	the	the	DET
fsr-3399	244	21	results	result	NOUN
fsr-3399	244	22	of	of	ADP
fsr-3399	244	23	the	the	DET
fsr-3399	244	24	four	four	NUM
fsr-3399	244	25	funds	fund	NOUN
fsr-3399	244	26	during	during	ADP
fsr-3399	244	27	the	the	DET
fsr-3399	244	28	first	first	ADJ
fsr-3399	244	29	bull	bull	NOUN
fsr-3399	244	30	market	market	NOUN
fsr-3399	244	31	of	of	ADP
fsr-3399	244	32	the	the	DET
fsr-3399	244	33	21st	21st	ADJ
fsr-3399	244	34	century	century	NOUN
fsr-3399	244	35	,	,	PUNCT
fsr-3399	244	36	or	or	CCONJ
fsr-3399	244	37	from	from	ADP
fsr-3399	244	38	november	november	PROPN
fsr-3399	244	39	2003	2003	NUM
fsr-3399	244	40	through	through	ADP
fsr-3399	244	41	october	october	PROPN
fsr-3399	244	42	2007	2007	NUM
fsr-3399	244	43	large	large	ADJ
fsr-3399	244	44	-	-	PUNCT
fsr-3399	244	45	cap	cap	NOUN
fsr-3399	244	46	fund	fund	NOUN
fsr-3399	244	47	small	small	ADJ
fsr-3399	244	48	-	-	PUNCT
fsr-3399	244	49	cap	cap	NOUN
fsr-3399	244	50	fund	fund	NOUN
fsr-3399	244	51	mid	mid	ADJ
fsr-3399	244	52	-	-	PROPN
fsr-3399	244	53	cap	cap	ADJ
fsr-3399	244	54	fund	fund	NOUN
fsr-3399	244	55	balanced	balanced	PROPN
fsr-3399	244	56	fund	fund	PROPN
fsr-3399	244	57	nov	nov	PROPN
fsr-3399	244	58	.	.	PROPN
fsr-3399	244	59	2003	2003	NUM
fsr-3399	244	60	to	to	ADP
fsr-3399	244	61	apr	apr	PROPN
fsr-3399	244	62	.	.	PUNCT
fsr-3399	245	1	2004	2004	NUM
fsr-3399	245	2	may	may	PROPN
fsr-3399	245	3	2004	2004	NUM
fsr-3399	245	4	to	to	ADP
fsr-3399	245	5	oct	oct	PROPN
fsr-3399	245	6	.	.	PROPN
fsr-3399	245	7	2004	2004	NUM
fsr-3399	245	8	total	total	NOUN
fsr-3399	245	9	return	return	NOUN
fsr-3399	245	10	(	(	PUNCT
fsr-3399	245	11	switching	switching	NOUN
fsr-3399	245	12	)	)	PUNCT
fsr-3399	245	13	6.32	6.32	NUM
fsr-3399	245	14	%	%	NOUN
fsr-3399	245	15	4.03	4.03	NUM
fsr-3399	245	16	%	%	NOUN
fsr-3399	245	17	7.25	7.25	NUM
fsr-3399	245	18	%	%	NOUN
fsr-3399	245	19	4.19	4.19	NUM
fsr-3399	245	20	%	%	NOUN
fsr-3399	245	21	total	total	ADJ
fsr-3399	245	22	return	return	NOUN
fsr-3399	245	23	(	(	PUNCT
fsr-3399	245	24	buy	buy	NOUN
fsr-3399	245	25	-	-	PUNCT
fsr-3399	245	26	and	and	CCONJ
fsr-3399	245	27	-	-	PUNCT
fsr-3399	245	28	hold	hold	VERB
fsr-3399	245	29	)	)	PUNCT
fsr-3399	245	30	9.25	9.25	NUM
fsr-3399	245	31	2.08	2.08	NUM
fsr-3399	245	32	12.48	12.48	NUM
fsr-3399	245	33	8.84	8.84	NUM
fsr-3399	245	34	nov	nov	PROPN
fsr-3399	245	35	.	.	PROPN
fsr-3399	245	36	2004	2004	NUM
fsr-3399	245	37	to	to	PART
fsr-3399	245	38	apr	apr	PROPN
fsr-3399	245	39	.	.	PROPN
fsr-3399	246	1	2005	2005	NUM
fsr-3399	246	2	may	may	AUX
fsr-3399	246	3	2005	2005	NUM
fsr-3399	246	4	to	to	ADP
fsr-3399	246	5	oct	oct	PROPN
fsr-3399	246	6	.	.	PROPN
fsr-3399	246	7	2005	2005	NUM
fsr-3399	246	8	total	total	ADJ
fsr-3399	246	9	return	return	NOUN
fsr-3399	246	10	(	(	PUNCT
fsr-3399	246	11	switching	switching	NOUN
fsr-3399	246	12	)	)	PUNCT
fsr-3399	246	13	3.54	3.54	NUM
fsr-3399	246	14	6.63	6.63	NUM
fsr-3399	246	15	3.84	3.84	NUM
fsr-3399	246	16	3.85	3.85	NUM
fsr-3399	246	17	total	total	ADJ
fsr-3399	246	18	return	return	NOUN
fsr-3399	246	19	(	(	PUNCT
fsr-3399	246	20	buy	buy	NOUN
fsr-3399	246	21	-	-	PUNCT
fsr-3399	246	22	and	and	CCONJ
fsr-3399	246	23	-	-	PUNCT
fsr-3399	246	24	hold	hold	VERB
fsr-3399	246	25	)	)	PUNCT
fsr-3399	246	26	8.60	8.60	NUM
fsr-3399	246	27	18.59	18.59	NUM
fsr-3399	246	28	16.58	16.58	NUM
fsr-3399	246	29	4.80	4.80	NUM
fsr-3399	246	30	nov	nov	PROPN
fsr-3399	246	31	.	.	PROPN
fsr-3399	246	32	2005	2005	NUM
fsr-3399	246	33	to	to	ADP
fsr-3399	246	34	apr	apr	PROPN
fsr-3399	246	35	.	.	PUNCT
fsr-3399	247	1	2006	2006	NUM
fsr-3399	247	2	may	may	AUX
fsr-3399	247	3	2006	2006	NUM
fsr-3399	247	4	to	to	ADP
fsr-3399	247	5	oct	oct	PROPN
fsr-3399	247	6	.	.	PROPN
fsr-3399	247	7	2006	2006	NUM
fsr-3399	247	8	total	total	NOUN
fsr-3399	247	9	return	return	NOUN
fsr-3399	247	10	(	(	PUNCT
fsr-3399	247	11	switching	switching	NOUN
fsr-3399	247	12	)	)	PUNCT
fsr-3399	247	13	10.05	10.05	NUM
fsr-3399	247	14	12.73	12.73	NUM
fsr-3399	247	15	14.68	14.68	NUM
fsr-3399	247	16	4.15	4.15	NUM
fsr-3399	247	17	total	total	NOUN
fsr-3399	247	18	return	return	NOUN
fsr-3399	247	19	(	(	PUNCT
fsr-3399	247	20	buy	buy	NOUN
fsr-3399	247	21	-	-	PUNCT
fsr-3399	247	22	and	and	CCONJ
fsr-3399	247	23	-	-	PUNCT
fsr-3399	247	24	hold	hold	VERB
fsr-3399	247	25	)	)	PUNCT
fsr-3399	247	26	16.18	16.18	NUM
fsr-3399	247	27	8.34	8.34	NUM
fsr-3399	247	28	16.70	16.70	NUM
fsr-3399	247	29	10.86	10.86	NUM
fsr-3399	247	30	nov	nov	PROPN
fsr-3399	247	31	.	.	PROPN
fsr-3399	247	32	2006	2006	NUM
fsr-3399	247	33	to	to	ADP
fsr-3399	247	34	apr	apr	PROPN
fsr-3399	247	35	.	.	PUNCT
fsr-3399	248	1	2007	2007	NUM
fsr-3399	248	2	may	may	NOUN
fsr-3399	248	3	2007	2007	NUM
fsr-3399	248	4	to	to	ADP
fsr-3399	248	5	oct	oct	PROPN
fsr-3399	248	6	.	.	PROPN
fsr-3399	248	7	2007	2007	NUM
fsr-3399	249	1	total	total	ADJ
fsr-3399	249	2	return	return	NOUN
fsr-3399	249	3	(	(	PUNCT
fsr-3399	249	4	switching	switching	NOUN
fsr-3399	249	5	)	)	PUNCT
fsr-3399	249	6	8.95	8.95	NUM
fsr-3399	249	7	17.17	17.17	NUM
fsr-3399	249	8	11.56	11.56	NUM
fsr-3399	249	9	6.09	6.09	NUM
fsr-3399	249	10	total	total	ADJ
fsr-3399	249	11	return	return	NOUN
fsr-3399	249	12	(	(	PUNCT
fsr-3399	249	13	buy	buy	NOUN
fsr-3399	249	14	-	-	PUNCT
fsr-3399	249	15	and	and	CCONJ
fsr-3399	249	16	-	-	PUNCT
fsr-3399	249	17	hold	hold	VERB
fsr-3399	249	18	)	)	PUNCT
fsr-3399	249	19	14.43	14.43	NUM
fsr-3399	249	20	10.82	10.82	NUM
fsr-3399	249	21	8.38	8.38	NUM
fsr-3399	249	22	8.41	8.41	NUM
fsr-3399	249	23	four	four	NUM
fsr-3399	249	24	switching	switching	NOUN
fsr-3399	249	25	periods	period	NOUN
fsr-3399	249	26	occur	occur	VERB
fsr-3399	249	27	during	during	ADP
fsr-3399	249	28	this	this	DET
fsr-3399	249	29	time	time	NOUN
fsr-3399	249	30	.	.	PUNCT
fsr-3399	250	1	317a	317a	PROPN
fsr-3399	250	2	.	.	PUNCT
fsr-3399	251	1	loviscek	loviscek	NOUN
fsr-3399	251	2	,	,	PUNCT
fsr-3399	251	3	a.	a.	NOUN
fsr-3399	251	4	broder	broder	PROPN
fsr-3399	251	5	/	/	SYM
fsr-3399	251	6	financial	financial	ADJ
fsr-3399	251	7	services	service	NOUN
fsr-3399	251	8	review	review	VERB
fsr-3399	251	9	27	27	NUM
fsr-3399	251	10	(	(	PUNCT
fsr-3399	251	11	2018	2018	NUM
fsr-3399	251	12	)	)	PUNCT
fsr-3399	251	13	303	303	NUM
fsr-3399	251	14	-	-	SYM
fsr-3399	251	15	322	322	NUM
fsr-3399	251	16	during	during	ADP
fsr-3399	251	17	bullish	bullish	ADJ
fsr-3399	251	18	periods	period	NOUN
fsr-3399	251	19	and	and	CCONJ
fsr-3399	251	20	use	use	VERB
fsr-3399	251	21	the	the	DET
fsr-3399	251	22	switching	switch	VERB
fsr-3399	251	23	strategy	strategy	NOUN
fsr-3399	251	24	during	during	ADP
fsr-3399	251	25	bearish	bearish	ADJ
fsr-3399	251	26	periods	period	NOUN
fsr-3399	251	27	.	.	PUNCT
fsr-3399	252	1	however	however	ADV
fsr-3399	252	2	,	,	PUNCT
fsr-3399	252	3	this	this	PRON
fsr-3399	252	4	comes	come	VERB
fsr-3399	252	5	with	with	ADP
fsr-3399	252	6	the	the	DET
fsr-3399	252	7	caveat	caveat	NOUN
fsr-3399	252	8	that	that	SCONJ
fsr-3399	252	9	some	some	DET
fsr-3399	252	10	market	market	NOUN
fsr-3399	252	11	timing	timing	NOUN
fsr-3399	252	12	is	be	AUX
fsr-3399	252	13	in	in	ADP
fsr-3399	252	14	order	order	NOUN
fsr-3399	252	15	,	,	PUNCT
fsr-3399	252	16	a	a	DET
fsr-3399	252	17	difficult	difficult	ADJ
fsr-3399	252	18	practice	practice	NOUN
fsr-3399	252	19	for	for	ADP
fsr-3399	252	20	individual	individual	ADJ
fsr-3399	252	21	investors	investor	NOUN
fsr-3399	252	22	,	,	PUNCT
fsr-3399	252	23	as	as	ADP
fsr-3399	252	24	barber	barber	NOUN
fsr-3399	252	25	and	and	CCONJ
fsr-3399	252	26	odean	odean	ADJ
fsr-3399	252	27	(	(	PUNCT
fsr-3399	252	28	2000	2000	NUM
fsr-3399	252	29	)	)	PUNCT
fsr-3399	252	30	and	and	CCONJ
fsr-3399	252	31	barber	barber	PROPN
fsr-3399	252	32	et	et	PROPN
fsr-3399	252	33	al	al	PROPN
fsr-3399	252	34	.	.	PROPN
fsr-3399	253	1	(	(	PUNCT
fsr-3399	253	2	2001	2001	NUM
fsr-3399	253	3	)	)	PUNCT
fsr-3399	253	4	demonstrate	demonstrate	NOUN
fsr-3399	253	5	.	.	PUNCT
fsr-3399	254	1	4.3	4.3	NUM
fsr-3399	254	2	.	.	PUNCT
fsr-3399	254	3	third	third	ADJ
fsr-3399	254	4	perspective	perspective	NOUN
fsr-3399	254	5	:	:	PUNCT
fsr-3399	254	6	tax	tax	NOUN
fsr-3399	254	7	considerations	consideration	NOUN
fsr-3399	254	8	for	for	ADP
fsr-3399	254	9	the	the	DET
fsr-3399	254	10	third	third	ADJ
fsr-3399	254	11	perspective	perspective	NOUN
fsr-3399	254	12	,	,	PUNCT
fsr-3399	254	13	investors	investor	NOUN
fsr-3399	254	14	need	need	VERB
fsr-3399	254	15	to	to	PART
fsr-3399	254	16	be	be	AUX
fsr-3399	254	17	circumspect	circumspect	ADJ
fsr-3399	254	18	of	of	ADP
fsr-3399	254	19	the	the	DET
fsr-3399	254	20	impact	impact	NOUN
fsr-3399	254	21	of	of	ADP
fsr-3399	254	22	taxes	taxis	NOUN
fsr-3399	254	23	on	on	ADP
fsr-3399	254	24	their	their	PRON
fsr-3399	254	25	returns	return	NOUN
fsr-3399	254	26	.	.	PUNCT
fsr-3399	255	1	while	while	SCONJ
fsr-3399	255	2	this	this	DET
fsr-3399	255	3	consideration	consideration	NOUN
fsr-3399	255	4	is	be	AUX
fsr-3399	255	5	obvious	obvious	ADJ
fsr-3399	255	6	,	,	PUNCT
fsr-3399	255	7	barber	barber	NOUN
fsr-3399	255	8	and	and	CCONJ
fsr-3399	255	9	odean	odean	ADJ
fsr-3399	255	10	(	(	PUNCT
fsr-3399	255	11	2004	2004	NUM
fsr-3399	255	12	)	)	PUNCT
fsr-3399	255	13	find	find	VERB
fsr-3399	255	14	that	that	SCONJ
fsr-3399	255	15	investors	investor	NOUN
fsr-3399	255	16	trading	trading	NOUN
fsr-3399	255	17	activities	activity	NOUN
fsr-3399	255	18	undercut	undercut	VERB
fsr-3399	255	19	their	their	PRON
fsr-3399	255	20	after	after	ADP
fsr-3399	255	21	-	-	PUNCT
fsr-3399	255	22	tax	tax	NOUN
fsr-3399	255	23	returns	return	NOUN
fsr-3399	255	24	,	,	PUNCT
fsr-3399	255	25	leading	lead	VERB
fsr-3399	255	26	to	to	ADP
fsr-3399	255	27	subpar	subpar	VERB
fsr-3399	255	28	after	after	ADP
fsr-3399	255	29	-	-	PUNCT
fsr-3399	255	30	tax	tax	NOUN
fsr-3399	255	31	performance	performance	NOUN
fsr-3399	255	32	.	.	PUNCT
fsr-3399	256	1	by	by	ADP
fsr-3399	256	2	realizing	realize	VERB
fsr-3399	256	3	gains	gain	NOUN
fsr-3399	256	4	faster	fast	ADV
fsr-3399	256	5	than	than	ADP
fsr-3399	256	6	losses	loss	NOUN
fsr-3399	256	7	,	,	PUNCT
fsr-3399	256	8	it	it	PRON
fsr-3399	256	9	seems	seem	VERB
fsr-3399	256	10	they	they	PRON
fsr-3399	256	11	do	do	AUX
fsr-3399	256	12	not	not	PART
fsr-3399	256	13	capitalize	capitalize	VERB
fsr-3399	256	14	fully	fully	ADV
fsr-3399	256	15	on	on	ADP
fsr-3399	256	16	tax	tax	NOUN
fsr-3399	256	17	-	-	PUNCT
fsr-3399	256	18	avoidance	avoidance	NOUN
fsr-3399	256	19	strategies	strategy	NOUN
fsr-3399	256	20	in	in	ADP
fsr-3399	256	21	their	their	PRON
fsr-3399	256	22	quest	quest	NOUN
fsr-3399	256	23	to	to	PART
fsr-3399	256	24	earn	earn	VERB
fsr-3399	256	25	high	high	ADJ
fsr-3399	256	26	returns	return	NOUN
fsr-3399	256	27	,	,	PUNCT
fsr-3399	256	28	often	often	ADV
fsr-3399	256	29	failing	fail	VERB
fsr-3399	256	30	to	to	PART
fsr-3399	256	31	defer	defer	VERB
fsr-3399	256	32	the	the	DET
fsr-3399	256	33	realization	realization	NOUN
fsr-3399	256	34	of	of	ADP
fsr-3399	256	35	capital	capital	NOUN
fsr-3399	256	36	gains	gain	NOUN
fsr-3399	256	37	to	to	ADP
fsr-3399	256	38	lower	low	ADJ
fsr-3399	256	39	rates	rate	NOUN
fsr-3399	256	40	in	in	ADP
fsr-3399	256	41	the	the	DET
fsr-3399	256	42	united	united	PROPN
fsr-3399	256	43	states	states	PROPN
fsr-3399	256	44	.	.	PUNCT
fsr-3399	257	1	as	as	ADP
fsr-3399	257	2	insight	insight	NOUN
fsr-3399	257	3	into	into	ADP
fsr-3399	257	4	this	this	DET
fsr-3399	257	5	issue	issue	NOUN
fsr-3399	257	6	,	,	PUNCT
fsr-3399	257	7	table	table	NOUN
fsr-3399	257	8	3	3	NUM
fsr-3399	257	9	,	,	PUNCT
fsr-3399	257	10	which	which	PRON
fsr-3399	257	11	provides	provide	VERB
fsr-3399	257	12	the	the	DET
fsr-3399	257	13	annual	annual	ADJ
fsr-3399	257	14	returns	return	NOUN
fsr-3399	257	15	for	for	ADP
fsr-3399	257	16	the	the	DET
fsr-3399	257	17	switching	switch	VERB
fsr-3399	257	18	strategy	strategy	NOUN
fsr-3399	257	19	for	for	ADP
fsr-3399	257	20	each	each	PRON
fsr-3399	257	21	of	of	ADP
fsr-3399	257	22	the	the	DET
fsr-3399	257	23	four	four	NUM
fsr-3399	257	24	funds	fund	NOUN
fsr-3399	257	25	,	,	PUNCT
fsr-3399	257	26	becomes	become	VERB
fsr-3399	257	27	the	the	DET
fsr-3399	257	28	focus	focus	NOUN
fsr-3399	257	29	.	.	PUNCT
fsr-3399	258	1	table	table	NOUN
fsr-3399	258	2	10	10	NUM
fsr-3399	258	3	the	the	DET
fsr-3399	258	4	table	table	NOUN
fsr-3399	258	5	provides	provide	VERB
fsr-3399	258	6	the	the	DET
fsr-3399	258	7	results	result	NOUN
fsr-3399	258	8	across	across	ADP
fsr-3399	258	9	the	the	DET
fsr-3399	258	10	four	four	NUM
fsr-3399	258	11	funds	fund	NOUN
fsr-3399	258	12	during	during	ADP
fsr-3399	258	13	the	the	DET
fsr-3399	258	14	second	second	ADJ
fsr-3399	258	15	bull	bull	NOUN
fsr-3399	258	16	market	market	NOUN
fsr-3399	258	17	of	of	ADP
fsr-3399	258	18	the	the	DET
fsr-3399	258	19	21st	21st	ADJ
fsr-3399	258	20	century	century	NOUN
fsr-3399	258	21	,	,	PUNCT
fsr-3399	258	22	or	or	CCONJ
fsr-3399	258	23	from	from	ADP
fsr-3399	258	24	march	march	PROPN
fsr-3399	258	25	2009	2009	NUM
fsr-3399	258	26	through	through	ADP
fsr-3399	258	27	october	october	PROPN
fsr-3399	258	28	2016	2016	NUM
fsr-3399	258	29	large	large	ADJ
fsr-3399	258	30	-	-	PUNCT
fsr-3399	258	31	cap	cap	NOUN
fsr-3399	258	32	fund	fund	NOUN
fsr-3399	258	33	small	small	ADJ
fsr-3399	258	34	-	-	PUNCT
fsr-3399	258	35	cap	cap	NOUN
fsr-3399	258	36	fund	fund	NOUN
fsr-3399	258	37	mid	mid	ADJ
fsr-3399	258	38	-	-	PROPN
fsr-3399	258	39	cap	cap	ADJ
fsr-3399	258	40	fund	fund	NOUN
fsr-3399	258	41	balanced	balanced	PROPN
fsr-3399	258	42	fund	fund	PROPN
fsr-3399	258	43	nov	nov	PROPN
fsr-3399	258	44	.	.	PROPN
fsr-3399	258	45	2008	2008	NUM
fsr-3399	258	46	to	to	ADP
fsr-3399	258	47	apr	apr	PROPN
fsr-3399	258	48	.	.	PROPN
fsr-3399	258	49	2009	2009	NUM
fsr-3399	258	50	may	may	PROPN
fsr-3399	258	51	2009	2009	NUM
fsr-3399	258	52	to	to	ADP
fsr-3399	258	53	oct	oct	PROPN
fsr-3399	258	54	.	.	PROPN
fsr-3399	258	55	2009	2009	NUM
fsr-3399	258	56	total	total	NOUN
fsr-3399	258	57	return	return	NOUN
fsr-3399	258	58	(	(	PUNCT
fsr-3399	258	59	switching	switching	NOUN
fsr-3399	258	60	)	)	PUNCT
fsr-3399	258	61	�	�	PROPN
fsr-3399	258	62	8.50	8.50	NUM
fsr-3399	258	63	%	%	NOUN
fsr-3399	258	64	3.53	3.53	NUM
fsr-3399	258	65	%	%	NOUN
fsr-3399	258	66	�	�	PROPN
fsr-3399	258	67	3.83	3.83	NUM
fsr-3399	258	68	%	%	NOUN
fsr-3399	258	69	0.99	0.99	NUM
fsr-3399	258	70	%	%	NOUN
fsr-3399	258	71	total	total	ADJ
fsr-3399	258	72	return	return	NOUN
fsr-3399	258	73	(	(	PUNCT
fsr-3399	258	74	buy	buy	NOUN
fsr-3399	258	75	-	-	PUNCT
fsr-3399	258	76	and	and	CCONJ
fsr-3399	258	77	-	-	PUNCT
fsr-3399	258	78	hold	hold	VERB
fsr-3399	258	79	)	)	PUNCT
fsr-3399	258	80	9.86	9.86	NUM
fsr-3399	258	81	38.93	38.93	NUM
fsr-3399	258	82	15.41	15.41	NUM
fsr-3399	258	83	17.53	17.53	NUM
fsr-3399	258	84	nov	nov	PROPN
fsr-3399	258	85	.	.	PROPN
fsr-3399	258	86	2009	2009	NUM
fsr-3399	258	87	to	to	ADP
fsr-3399	258	88	apr	apr	PROPN
fsr-3399	258	89	.	.	PUNCT
fsr-3399	259	1	2010	2010	NUM
fsr-3399	259	2	may	may	AUX
fsr-3399	259	3	2010	2010	NUM
fsr-3399	259	4	to	to	ADP
fsr-3399	259	5	oct	oct	PROPN
fsr-3399	259	6	.	.	PROPN
fsr-3399	259	7	2010	2010	NUM
fsr-3399	259	8	total	total	ADJ
fsr-3399	259	9	return	return	NOUN
fsr-3399	259	10	(	(	PUNCT
fsr-3399	259	11	switching	switching	NOUN
fsr-3399	259	12	)	)	PUNCT
fsr-3399	259	13	15.64	15.64	NUM
fsr-3399	259	14	27.78	27.78	NUM
fsr-3399	259	15	21.21	21.21	NUM
fsr-3399	259	16	7.67	7.67	NUM
fsr-3399	259	17	total	total	ADJ
fsr-3399	259	18	return	return	NOUN
fsr-3399	259	19	(	(	PUNCT
fsr-3399	259	20	buy	buy	NOUN
fsr-3399	259	21	-	-	PUNCT
fsr-3399	259	22	and	and	CCONJ
fsr-3399	259	23	-	-	PUNCT
fsr-3399	259	24	hold	hold	VERB
fsr-3399	259	25	)	)	PUNCT
fsr-3399	259	26	16.39	16.39	NUM
fsr-3399	259	27	25.75	25.75	NUM
fsr-3399	259	28	19.98	19.98	NUM
fsr-3399	259	29	13.50	13.50	NUM
fsr-3399	259	30	nov	nov	NOUN
fsr-3399	259	31	.	.	PROPN
fsr-3399	259	32	2010	2010	NUM
fsr-3399	259	33	to	to	ADP
fsr-3399	259	34	apr	apr	PROPN
fsr-3399	259	35	.	.	PUNCT
fsr-3399	259	36	2011	2011	NUM
fsr-3399	259	37	may	may	AUX
fsr-3399	259	38	2011	2011	NUM
fsr-3399	259	39	to	to	ADP
fsr-3399	259	40	oct	oct	PROPN
fsr-3399	259	41	.	.	PROPN
fsr-3399	259	42	2011	2011	NUM
fsr-3399	259	43	total	total	ADJ
fsr-3399	259	44	return	return	NOUN
fsr-3399	259	45	(	(	PUNCT
fsr-3399	259	46	switching	switching	NOUN
fsr-3399	259	47	)	)	PUNCT
fsr-3399	259	48	16.28	16.28	NUM
fsr-3399	259	49	16.87	16.87	NUM
fsr-3399	259	50	20.81	20.81	NUM
fsr-3399	259	51	5.98	5.98	NUM
fsr-3399	259	52	total	total	ADJ
fsr-3399	259	53	return	return	NOUN
fsr-3399	259	54	(	(	PUNCT
fsr-3399	259	55	buy	buy	NOUN
fsr-3399	259	56	-	-	PUNCT
fsr-3399	259	57	and	and	CCONJ
fsr-3399	259	58	-	-	PUNCT
fsr-3399	259	59	hold	hold	VERB
fsr-3399	259	60	)	)	PUNCT
fsr-3399	259	61	7.91	7.91	NUM
fsr-3399	259	62	�	�	PROPN
fsr-3399	259	63	8.96	8.96	NUM
fsr-3399	259	64	4.52	4.52	NUM
fsr-3399	259	65	8.15	8.15	NUM
fsr-3399	259	66	nov	nov	PROPN
fsr-3399	259	67	.	.	PROPN
fsr-3399	259	68	2011	2011	NUM
fsr-3399	259	69	to	to	PART
fsr-3399	259	70	apr	apr	PROPN
fsr-3399	259	71	.	.	PROPN
fsr-3399	259	72	2012	2012	NUM
fsr-3399	259	73	may	may	AUX
fsr-3399	259	74	2012	2012	NUM
fsr-3399	259	75	to	to	ADP
fsr-3399	259	76	oct	oct	PROPN
fsr-3399	259	77	.	.	PROPN
fsr-3399	259	78	2012	2012	NUM
fsr-3399	259	79	total	total	ADJ
fsr-3399	259	80	return	return	NOUN
fsr-3399	259	81	(	(	PUNCT
fsr-3399	259	82	switching	switching	NOUN
fsr-3399	259	83	)	)	PUNCT
fsr-3399	259	84	12.71	12.71	NUM
fsr-3399	259	85	13.30	13.30	NUM
fsr-3399	259	86	11.06	11.06	NUM
fsr-3399	259	87	6.72	6.72	NUM
fsr-3399	259	88	total	total	NOUN
fsr-3399	259	89	return	return	NOUN
fsr-3399	259	90	(	(	PUNCT
fsr-3399	259	91	buy	buy	NOUN
fsr-3399	259	92	-	-	PUNCT
fsr-3399	259	93	and	and	CCONJ
fsr-3399	259	94	-	-	PUNCT
fsr-3399	259	95	hold	hold	VERB
fsr-3399	259	96	)	)	PUNCT
fsr-3399	259	97	15.05	15.05	NUM
fsr-3399	259	98	9.46	9.46	NUM
fsr-3399	259	99	10.67	10.67	NUM
fsr-3399	259	100	11.72	11.72	NUM
fsr-3399	259	101	nov	nov	NOUN
fsr-3399	259	102	.	.	PROPN
fsr-3399	259	103	2012	2012	NUM
fsr-3399	259	104	to	to	ADP
fsr-3399	259	105	apr	apr	PROPN
fsr-3399	259	106	.	.	PUNCT
fsr-3399	260	1	2013	2013	NUM
fsr-3399	260	2	may	may	AUX
fsr-3399	260	3	2013	2013	NUM
fsr-3399	260	4	to	to	ADP
fsr-3399	260	5	oct	oct	PROPN
fsr-3399	260	6	.	.	PROPN
fsr-3399	260	7	2013	2013	NUM
fsr-3399	260	8	total	total	ADJ
fsr-3399	260	9	return	return	NOUN
fsr-3399	260	10	(	(	PUNCT
fsr-3399	260	11	switching	switching	NOUN
fsr-3399	260	12	)	)	PUNCT
fsr-3399	260	13	14.33	14.33	NUM
fsr-3399	260	14	18.77	18.77	NUM
fsr-3399	260	15	21.15	21.15	NUM
fsr-3399	260	16	6.55	6.55	NUM
fsr-3399	260	17	total	total	ADJ
fsr-3399	260	18	return	return	NOUN
fsr-3399	260	19	(	(	PUNCT
fsr-3399	260	20	buy	buy	NOUN
fsr-3399	260	21	-	-	PUNCT
fsr-3399	260	22	and	and	CCONJ
fsr-3399	260	23	-	-	PUNCT
fsr-3399	260	24	hold	hold	VERB
fsr-3399	260	25	)	)	PUNCT
fsr-3399	260	26	26.97	26.97	NUM
fsr-3399	260	27	33.37	33.37	NUM
fsr-3399	260	28	34.93	34.93	NUM
fsr-3399	260	29	7.98	7.98	NUM
fsr-3399	260	30	nov	nov	PROPN
fsr-3399	260	31	.	.	PROPN
fsr-3399	260	32	2013	2013	NUM
fsr-3399	260	33	to	to	ADP
fsr-3399	260	34	apr	apr	PROPN
fsr-3399	260	35	.	.	PROPN
fsr-3399	261	1	2014	2014	NUM
fsr-3399	261	2	may	may	AUX
fsr-3399	261	3	2014	2014	NUM
fsr-3399	261	4	to	to	ADP
fsr-3399	261	5	oct	oct	PROPN
fsr-3399	261	6	.	.	PROPN
fsr-3399	261	7	2014	2014	NUM
fsr-3399	261	8	total	total	ADJ
fsr-3399	261	9	return	return	NOUN
fsr-3399	261	10	(	(	PUNCT
fsr-3399	261	11	switching	switching	NOUN
fsr-3399	261	12	)	)	PUNCT
fsr-3399	261	13	8.26	8.26	NUM
fsr-3399	261	14	6.09	6.09	NUM
fsr-3399	261	15	7.08	7.08	NUM
fsr-3399	261	16	5.51	5.51	NUM
fsr-3399	261	17	total	total	NOUN
fsr-3399	261	18	return	return	NOUN
fsr-3399	261	19	(	(	PUNCT
fsr-3399	261	20	buy	buy	NOUN
fsr-3399	261	21	-	-	PUNCT
fsr-3399	261	22	and	and	CCONJ
fsr-3399	261	23	-	-	PUNCT
fsr-3399	261	24	hold	hold	VERB
fsr-3399	261	25	)	)	PUNCT
fsr-3399	261	26	17.07	17.07	NUM
fsr-3399	261	27	10.97	10.97	NUM
fsr-3399	261	28	17.12	17.12	NUM
fsr-3399	261	29	8.55	8.55	NUM
fsr-3399	261	30	nov	nov	PROPN
fsr-3399	261	31	.	.	PROPN
fsr-3399	261	32	2014	2014	NUM
fsr-3399	261	33	to	to	ADP
fsr-3399	261	34	apr	apr	PROPN
fsr-3399	261	35	.	.	PROPN
fsr-3399	261	36	2015	2015	NUM
fsr-3399	261	37	may	may	PROPN
fsr-3399	261	38	2015	2015	NUM
fsr-3399	261	39	to	to	ADP
fsr-3399	261	40	oct	oct	PROPN
fsr-3399	261	41	.	.	PROPN
fsr-3399	261	42	2015	2015	NUM
fsr-3399	261	43	total	total	ADJ
fsr-3399	261	44	return	return	NOUN
fsr-3399	261	45	(	(	PUNCT
fsr-3399	261	46	switching	switching	NOUN
fsr-3399	261	47	)	)	PUNCT
fsr-3399	261	48	4.35	4.35	NUM
fsr-3399	261	49	3.16	3.16	NUM
fsr-3399	261	50	7.55	7.55	NUM
fsr-3399	261	51	2.96	2.96	NUM
fsr-3399	261	52	total	total	NOUN
fsr-3399	261	53	return	return	NOUN
fsr-3399	261	54	(	(	PUNCT
fsr-3399	261	55	buy	buy	NOUN
fsr-3399	261	56	-	-	PUNCT
fsr-3399	261	57	and	and	CCONJ
fsr-3399	261	58	-	-	PUNCT
fsr-3399	261	59	hold	hold	VERB
fsr-3399	261	60	)	)	PUNCT
fsr-3399	261	61	5.07	5.07	NUM
fsr-3399	261	62	�	�	NOUN
fsr-3399	261	63	0.26	0.26	NUM
fsr-3399	261	64	6.79	6.79	NUM
fsr-3399	261	65	3.26	3.26	NUM
fsr-3399	261	66	nov	nov	NOUN
fsr-3399	261	67	.	.	PROPN
fsr-3399	261	68	2015	2015	NUM
fsr-3399	261	69	to	to	PART
fsr-3399	261	70	apr	apr	PROPN
fsr-3399	261	71	.	.	PUNCT
fsr-3399	262	1	2016	2016	NUM
fsr-3399	262	2	may	may	AUX
fsr-3399	262	3	2016	2016	NUM
fsr-3399	262	4	to	to	ADP
fsr-3399	262	5	oct	oct	PROPN
fsr-3399	262	6	.	.	PROPN
fsr-3399	262	7	2016	2016	NUM
fsr-3399	262	8	total	total	ADJ
fsr-3399	262	9	return	return	NOUN
fsr-3399	262	10	(	(	PUNCT
fsr-3399	262	11	switching	switching	NOUN
fsr-3399	262	12	)	)	PUNCT
fsr-3399	262	13	�	�	PROPN
fsr-3399	262	14	0.65	0.65	NUM
fsr-3399	262	15	2.62	2.62	NUM
fsr-3399	262	16	�	�	PROPN
fsr-3399	262	17	2.15	2.15	NUM
fsr-3399	262	18	3.24	3.24	NUM
fsr-3399	262	19	total	total	ADJ
fsr-3399	262	20	return	return	NOUN
fsr-3399	262	21	(	(	PUNCT
fsr-3399	262	22	buy	buy	NOUN
fsr-3399	262	23	-	-	PUNCT
fsr-3399	262	24	and	and	CCONJ
fsr-3399	262	25	-	-	PUNCT
fsr-3399	262	26	hold	hold	VERB
fsr-3399	262	27	)	)	PUNCT
fsr-3399	262	28	3.30	3.30	NUM
fsr-3399	262	29	9.53	9.53	NUM
fsr-3399	262	30	�	�	PROPN
fsr-3399	262	31	2.00	2.00	NUM
fsr-3399	262	32	5.89	5.89	NUM
fsr-3399	262	33	eight	eight	NUM
fsr-3399	262	34	switching	switching	NOUN
fsr-3399	262	35	periods	period	NOUN
fsr-3399	262	36	occur	occur	VERB
fsr-3399	262	37	during	during	ADP
fsr-3399	262	38	this	this	DET
fsr-3399	262	39	time	time	NOUN
fsr-3399	262	40	.	.	PUNCT
fsr-3399	263	1	318	318	NUM
fsr-3399	263	2	a.	a.	NOUN
fsr-3399	263	3	loviscek	loviscek	NOUN
fsr-3399	263	4	,	,	PUNCT
fsr-3399	263	5	a.	a.	NOUN
fsr-3399	263	6	broder	broder	PROPN
fsr-3399	263	7	/	/	SYM
fsr-3399	263	8	financial	financial	ADJ
fsr-3399	263	9	services	service	NOUN
fsr-3399	263	10	review	review	VERB
fsr-3399	263	11	27	27	NUM
fsr-3399	263	12	(	(	PUNCT
fsr-3399	263	13	2018	2018	NUM
fsr-3399	263	14	)	)	PUNCT
fsr-3399	263	15	303	303	NUM
fsr-3399	263	16	-	-	SYM
fsr-3399	263	17	322	322	NUM
fsr-3399	263	18	the	the	DET
fsr-3399	263	19	maximum	maximum	ADJ
fsr-3399	263	20	marginal	marginal	ADJ
fsr-3399	263	21	income	income	NOUN
fsr-3399	263	22	tax	tax	NOUN
fsr-3399	263	23	rate	rate	NOUN
fsr-3399	263	24	is	be	AUX
fsr-3399	263	25	applied	apply	VERB
fsr-3399	263	26	on	on	ADP
fsr-3399	263	27	short	short	ADJ
fsr-3399	263	28	-	-	PUNCT
fsr-3399	263	29	term	term	NOUN
fsr-3399	263	30	capital	capital	NOUN
fsr-3399	263	31	gains	gain	NOUN
fsr-3399	263	32	to	to	ADP
fsr-3399	263	33	each	each	PRON
fsr-3399	263	34	of	of	ADP
fsr-3399	263	35	the	the	DET
fsr-3399	263	36	positive	positive	ADJ
fsr-3399	263	37	returns	return	NOUN
fsr-3399	263	38	,	,	PUNCT
fsr-3399	263	39	with	with	ADP
fsr-3399	263	40	changes	change	NOUN
fsr-3399	263	41	noted	note	VERB
fsr-3399	263	42	in	in	ADP
fsr-3399	263	43	the	the	DET
fsr-3399	263	44	maximum	maximum	ADJ
fsr-3399	263	45	rate	rate	NOUN
fsr-3399	263	46	,	,	PUNCT
fsr-3399	263	47	beginning	begin	VERB
fsr-3399	263	48	with	with	ADP
fsr-3399	263	49	38.5	38.5	NUM
fsr-3399	263	50	%	%	NOUN
fsr-3399	263	51	in	in	ADP
fsr-3399	263	52	1987	1987	NUM
fsr-3399	263	53	(	(	PUNCT
fsr-3399	263	54	that	that	PRON
fsr-3399	263	55	is	be	AUX
fsr-3399	263	56	the	the	DET
fsr-3399	263	57	tax	tax	NOUN
fsr-3399	263	58	rate	rate	NOUN
fsr-3399	263	59	applied	apply	VERB
fsr-3399	263	60	to	to	ADP
fsr-3399	263	61	gains	gain	NOUN
fsr-3399	263	62	from	from	ADP
fsr-3399	263	63	november	november	PROPN
fsr-3399	263	64	1	1	NUM
fsr-3399	263	65	,	,	PUNCT
fsr-3399	263	66	1986	1986	NUM
fsr-3399	263	67	through	through	ADP
fsr-3399	263	68	october	october	PROPN
fsr-3399	263	69	31	31	NUM
fsr-3399	263	70	,	,	PUNCT
fsr-3399	263	71	1987	1987	NUM
fsr-3399	263	72	)	)	PUNCT
fsr-3399	263	73	.	.	PUNCT
fsr-3399	264	1	there	there	PRON
fsr-3399	264	2	is	be	VERB
fsr-3399	264	3	a	a	DET
fsr-3399	264	4	drop	drop	NOUN
fsr-3399	264	5	to	to	ADP
fsr-3399	264	6	31	31	NUM
fsr-3399	264	7	%	%	NOUN
fsr-3399	264	8	between	between	ADP
fsr-3399	264	9	1988	1988	NUM
fsr-3399	264	10	and	and	CCONJ
fsr-3399	264	11	1991	1991	NUM
fsr-3399	264	12	before	before	ADP
fsr-3399	264	13	an	an	DET
fsr-3399	264	14	increase	increase	NOUN
fsr-3399	264	15	to	to	ADP
fsr-3399	264	16	39.6	39.6	NUM
fsr-3399	264	17	%	%	NOUN
fsr-3399	264	18	from	from	ADP
fsr-3399	264	19	1993	1993	NUM
fsr-3399	264	20	to	to	ADP
fsr-3399	264	21	2000	2000	NUM
fsr-3399	264	22	.	.	PUNCT
fsr-3399	265	1	a	a	DET
fsr-3399	265	2	drop	drop	NOUN
fsr-3399	265	3	to	to	ADP
fsr-3399	265	4	35	35	NUM
fsr-3399	265	5	%	%	NOUN
fsr-3399	265	6	follows	follow	VERB
fsr-3399	265	7	from	from	ADP
fsr-3399	265	8	2003	2003	NUM
fsr-3399	265	9	to	to	ADP
fsr-3399	265	10	2012	2012	NUM
fsr-3399	265	11	before	before	SCONJ
fsr-3399	265	12	the	the	DET
fsr-3399	265	13	rate	rate	NOUN
fsr-3399	265	14	increases	increase	VERB
fsr-3399	265	15	back	back	ADV
fsr-3399	265	16	to	to	ADP
fsr-3399	265	17	39.6	39.6	NUM
fsr-3399	265	18	%	%	NOUN
fsr-3399	265	19	through	through	ADP
fsr-3399	265	20	2016	2016	NUM
fsr-3399	265	21	.	.	PUNCT
fsr-3399	266	1	(	(	PUNCT
fsr-3399	266	2	for	for	ADP
fsr-3399	266	3	ease	ease	NOUN
fsr-3399	266	4	of	of	ADP
fsr-3399	266	5	calculation	calculation	NOUN
fsr-3399	266	6	,	,	PUNCT
fsr-3399	266	7	the	the	DET
fsr-3399	266	8	medicare	medicare	PROPN
fsr-3399	266	9	tax	tax	NOUN
fsr-3399	266	10	surcharge	surcharge	NOUN
fsr-3399	266	11	,	,	PUNCT
fsr-3399	266	12	the	the	DET
fsr-3399	266	13	phase	phase	NOUN
fsr-3399	266	14	-	-	PUNCT
fsr-3399	266	15	out	out	NOUN
fsr-3399	266	16	of	of	ADP
fsr-3399	266	17	partial	partial	ADJ
fsr-3399	266	18	itemized	itemize	VERB
fsr-3399	266	19	deductions	deduction	NOUN
fsr-3399	266	20	,	,	PUNCT
fsr-3399	266	21	carryover	carryover	NOUN
fsr-3399	266	22	losses	loss	NOUN
fsr-3399	266	23	,	,	PUNCT
fsr-3399	266	24	and	and	CCONJ
fsr-3399	266	25	state	state	NOUN
fsr-3399	266	26	and	and	CCONJ
fsr-3399	266	27	local	local	ADJ
fsr-3399	266	28	income	income	NOUN
fsr-3399	266	29	taxes	taxis	NOUN
fsr-3399	266	30	are	be	AUX
fsr-3399	266	31	set	set	VERB
fsr-3399	266	32	aside	aside	ADV
fsr-3399	266	33	.	.	PUNCT
fsr-3399	266	34	)	)	PUNCT
fsr-3399	267	1	because	because	SCONJ
fsr-3399	267	2	the	the	DET
fsr-3399	267	3	tax	tax	NOUN
fsr-3399	267	4	rates	rate	NOUN
fsr-3399	267	5	lower	low	ADJ
fsr-3399	267	6	the	the	DET
fsr-3399	267	7	returns	return	NOUN
fsr-3399	267	8	in	in	ADP
fsr-3399	267	9	table	table	NOUN
fsr-3399	267	10	3	3	NUM
fsr-3399	267	11	,	,	PUNCT
fsr-3399	267	12	and	and	CCONJ
fsr-3399	267	13	because	because	SCONJ
fsr-3399	267	14	the	the	DET
fsr-3399	267	15	statistical	statistical	ADJ
fsr-3399	267	16	evidence	evidence	NOUN
fsr-3399	267	17	favors	favor	VERB
fsr-3399	267	18	the	the	DET
fsr-3399	267	19	buy	buy	VERB
fsr-3399	267	20	-	-	PUNCT
fsr-3399	267	21	and	and	CCONJ
fsr-3399	267	22	-	-	PUNCT
fsr-3399	267	23	hold	hold	VERB
fsr-3399	267	24	approach	approach	NOUN
fsr-3399	267	25	(	(	PUNCT
fsr-3399	267	26	that	that	PRON
fsr-3399	267	27	can	can	AUX
fsr-3399	267	28	apply	apply	VERB
fsr-3399	267	29	for	for	ADP
fsr-3399	267	30	many	many	ADJ
fsr-3399	267	31	years	year	NOUN
fsr-3399	267	32	)	)	PUNCT
fsr-3399	267	33	with	with	ADP
fsr-3399	267	34	large	large	ADJ
fsr-3399	267	35	-	-	PUNCT
fsr-3399	267	36	cap	cap	NOUN
fsr-3399	267	37	and	and	CCONJ
fsr-3399	267	38	balanced	balanced	ADJ
fsr-3399	267	39	funds	fund	NOUN
fsr-3399	267	40	,	,	PUNCT
fsr-3399	267	41	the	the	DET
fsr-3399	267	42	switching	switch	VERB
fsr-3399	267	43	strategy	strategy	NOUN
fsr-3399	267	44	should	should	AUX
fsr-3399	267	45	not	not	PART
fsr-3399	267	46	be	be	AUX
fsr-3399	267	47	expected	expect	VERB
fsr-3399	267	48	to	to	PART
fsr-3399	267	49	outperform	outperform	VERB
fsr-3399	267	50	its	its	PRON
fsr-3399	267	51	alternative	alternative	NOUN
fsr-3399	267	52	,	,	PUNCT
fsr-3399	267	53	at	at	ADP
fsr-3399	267	54	least	least	ADJ
fsr-3399	267	55	on	on	ADP
fsr-3399	267	56	a	a	DET
fsr-3399	267	57	return	return	NOUN
fsr-3399	267	58	basis	basis	NOUN
fsr-3399	267	59	.	.	PUNCT
fsr-3399	268	1	the	the	DET
fsr-3399	268	2	wilcoxon	wilcoxon	ADJ
fsr-3399	268	3	signed	sign	VERB
fsr-3399	268	4	-	-	PUNCT
fsr-3399	268	5	rank	rank	NOUN
fsr-3399	268	6	test	test	NOUN
fsr-3399	268	7	relative	relative	ADJ
fsr-3399	268	8	to	to	ADP
fsr-3399	268	9	the	the	DET
fsr-3399	268	10	returns	return	NOUN
fsr-3399	268	11	on	on	ADP
fsr-3399	268	12	the	the	DET
fsr-3399	268	13	buy	buy	VERB
fsr-3399	268	14	-	-	PUNCT
fsr-3399	268	15	and	and	CCONJ
fsr-3399	268	16	-	-	PUNCT
fsr-3399	268	17	hold	hold	VERB
fsr-3399	268	18	results	result	NOUN
fsr-3399	268	19	listed	list	VERB
fsr-3399	268	20	in	in	ADP
fsr-3399	268	21	table	table	NOUN
fsr-3399	268	22	4	4	NUM
fsr-3399	268	23	leads	lead	VERB
fsr-3399	268	24	to	to	ADP
fsr-3399	268	25	the	the	DET
fsr-3399	268	26	following	follow	VERB
fsr-3399	268	27	results	result	NOUN
fsr-3399	268	28	:	:	PUNCT
fsr-3399	268	29	the	the	DET
fsr-3399	268	30	statistics	statistic	NOUN
fsr-3399	268	31	indicate	indicate	VERB
fsr-3399	268	32	outperformance	outperformance	NOUN
fsr-3399	268	33	by	by	ADP
fsr-3399	268	34	the	the	DET
fsr-3399	268	35	buy	buy	VERB
fsr-3399	268	36	-	-	PUNCT
fsr-3399	268	37	and	and	CCONJ
fsr-3399	268	38	-	-	PUNCT
fsr-3399	268	39	hold	hold	VERB
fsr-3399	268	40	approach	approach	NOUN
fsr-3399	268	41	.	.	PUNCT
fsr-3399	269	1	the	the	DET
fsr-3399	269	2	implication	implication	NOUN
fsr-3399	269	3	is	be	AUX
fsr-3399	269	4	that	that	SCONJ
fsr-3399	269	5	,	,	PUNCT
fsr-3399	269	6	particularly	particularly	ADV
fsr-3399	269	7	in	in	ADP
fsr-3399	269	8	bull	bull	NOUN
fsr-3399	269	9	markets	market	NOUN
fsr-3399	269	10	,	,	PUNCT
fsr-3399	269	11	investors	investor	NOUN
fsr-3399	269	12	should	should	AUX
fsr-3399	269	13	use	use	VERB
fsr-3399	269	14	the	the	DET
fsr-3399	269	15	switching	switch	VERB
fsr-3399	269	16	strategy	strategy	NOUN
fsr-3399	269	17	in	in	ADP
fsr-3399	269	18	a	a	DET
fsr-3399	269	19	taxsheltered	taxsheltered	ADJ
fsr-3399	269	20	account	account	NOUN
fsr-3399	269	21	if	if	SCONJ
fsr-3399	269	22	it	it	PRON
fsr-3399	269	23	is	be	AUX
fsr-3399	269	24	to	to	PART
fsr-3399	269	25	be	be	AUX
fsr-3399	269	26	a	a	DET
fsr-3399	269	27	satisfactory	satisfactory	ADJ
fsr-3399	269	28	alternative	alternative	NOUN
fsr-3399	269	29	to	to	ADP
fsr-3399	269	30	the	the	DET
fsr-3399	269	31	buy	buy	VERB
fsr-3399	269	32	-	-	PUNCT
fsr-3399	269	33	and	and	CCONJ
fsr-3399	269	34	-	-	PUNCT
fsr-3399	269	35	hold	hold	NOUN
fsr-3399	269	36	method	method	NOUN
fsr-3399	269	37	.	.	PUNCT
fsr-3399	270	1	it	it	PRON
fsr-3399	270	2	aligns	align	VERB
fsr-3399	270	3	more	more	ADV
fsr-3399	270	4	closely	closely	ADV
fsr-3399	270	5	with	with	ADP
fsr-3399	270	6	the	the	DET
fsr-3399	270	7	preferential	preferential	ADJ
fsr-3399	270	8	treatment	treatment	NOUN
fsr-3399	270	9	given	give	VERB
fsr-3399	270	10	to	to	ADP
fsr-3399	270	11	long	long	ADJ
fsr-3399	270	12	-	-	PUNCT
fsr-3399	270	13	term	term	NOUN
fsr-3399	270	14	capital	capital	NOUN
fsr-3399	270	15	gains	gain	NOUN
fsr-3399	270	16	in	in	ADP
fsr-3399	270	17	the	the	DET
fsr-3399	270	18	united	united	PROPN
fsr-3399	270	19	states	states	PROPN
fsr-3399	270	20	than	than	ADP
fsr-3399	270	21	a	a	DET
fsr-3399	270	22	non	non	ADJ
fsr-3399	270	23	-	-	ADJ
fsr-3399	270	24	sheltered	sheltered	ADJ
fsr-3399	270	25	tax	tax	NOUN
fsr-3399	270	26	account	account	NOUN
fsr-3399	270	27	.	.	PUNCT
fsr-3399	271	1	5	5	X
fsr-3399	271	2	.	.	X
fsr-3399	271	3	conclusion	conclusion	NOUN
fsr-3399	271	4	with	with	ADP
fsr-3399	271	5	the	the	DET
fsr-3399	271	6	focus	focus	NOUN
fsr-3399	271	7	on	on	ADP
fsr-3399	271	8	individual	individual	ADJ
fsr-3399	271	9	investors	investor	NOUN
fsr-3399	271	10	,	,	PUNCT
fsr-3399	271	11	this	this	DET
fsr-3399	271	12	study	study	NOUN
fsr-3399	271	13	offers	offer	VERB
fsr-3399	271	14	three	three	NUM
fsr-3399	271	15	perspectives	perspective	NOUN
fsr-3399	271	16	on	on	ADP
fsr-3399	271	17	the	the	DET
fsr-3399	271	18	quote	quote	NOUN
fsr-3399	271	19	“	"	PUNCT
fsr-3399	271	20	sell	sell	VERB
fsr-3399	271	21	in	in	ADP
fsr-3399	271	22	may	may	PROPN
fsr-3399	271	23	and	and	CCONJ
fsr-3399	271	24	go	go	VERB
fsr-3399	271	25	away	away	ADV
fsr-3399	271	26	.	.	PUNCT
fsr-3399	271	27	”	"	PUNCT
fsr-3399	272	1	the	the	DET
fsr-3399	272	2	data	datum	NOUN
fsr-3399	272	3	apply	apply	VERB
fsr-3399	272	4	from	from	ADP
fsr-3399	272	5	november	november	PROPN
fsr-3399	272	6	1	1	NUM
fsr-3399	272	7	,	,	PUNCT
fsr-3399	272	8	1986	1986	NUM
fsr-3399	272	9	,	,	PUNCT
fsr-3399	272	10	the	the	DET
fsr-3399	272	11	publication	publication	NOUN
fsr-3399	272	12	year	year	NOUN
fsr-3399	272	13	of	of	ADP
fsr-3399	272	14	the	the	DET
fsr-3399	272	15	quote	quote	NOUN
fsr-3399	272	16	,	,	PUNCT
fsr-3399	272	17	to	to	ADP
fsr-3399	272	18	october	october	PROPN
fsr-3399	272	19	31	31	NUM
fsr-3399	272	20	,	,	PUNCT
fsr-3399	272	21	2016	2016	NUM
fsr-3399	272	22	,	,	PUNCT
fsr-3399	272	23	as	as	SCONJ
fsr-3399	272	24	drawn	draw	VERB
fsr-3399	272	25	from	from	ADP
fsr-3399	272	26	the	the	DET
fsr-3399	272	27	stock	stock	NOUN
fsr-3399	272	28	trader	trader	NOUN
fsr-3399	272	29	’s	’s	PART
fsr-3399	272	30	almanac	almanac	NOUN
fsr-3399	272	31	(	(	PUNCT
fsr-3399	272	32	2016	2016	NUM
fsr-3399	272	33	)	)	PUNCT
fsr-3399	272	34	,	,	PUNCT
fsr-3399	272	35	centered	center	VERB
fsr-3399	272	36	on	on	ADP
fsr-3399	272	37	four	four	NUM
fsr-3399	272	38	mutual	mutual	ADJ
fsr-3399	272	39	funds	fund	NOUN
fsr-3399	272	40	.	.	PUNCT
fsr-3399	273	1	they	they	PRON
fsr-3399	273	2	represent	represent	VERB
fsr-3399	273	3	large	large	ADJ
fsr-3399	273	4	-	-	PUNCT
fsr-3399	273	5	cap	cap	NOUN
fsr-3399	273	6	equity	equity	NOUN
fsr-3399	273	7	(	(	PUNCT
fsr-3399	273	8	vanguard	vanguard	NOUN
fsr-3399	273	9	500	500	NUM
fsr-3399	273	10	index	index	NOUN
fsr-3399	273	11	)	)	PUNCT
fsr-3399	273	12	,	,	PUNCT
fsr-3399	273	13	small	small	ADJ
fsr-3399	273	14	-	-	PUNCT
fsr-3399	273	15	cap	cap	NOUN
fsr-3399	273	16	equity	equity	NOUN
fsr-3399	273	17	(	(	PUNCT
fsr-3399	273	18	clearbridge	clearbridge	PROPN
fsr-3399	273	19	)	)	PUNCT
fsr-3399	273	20	,	,	PUNCT
fsr-3399	273	21	mid	mid	ADJ
fsr-3399	273	22	-	-	NOUN
fsr-3399	273	23	cap	cap	NOUN
fsr-3399	273	24	equity	equity	NOUN
fsr-3399	273	25	,	,	PUNCT
fsr-3399	273	26	(	(	PUNCT
fsr-3399	273	27	dreyfus	dreyfus	PROPN
fsr-3399	273	28	)	)	PUNCT
fsr-3399	273	29	,	,	PUNCT
fsr-3399	273	30	and	and	CCONJ
fsr-3399	273	31	balanced	balanced	ADJ
fsr-3399	273	32	equity	equity	NOUN
fsr-3399	273	33	-	-	PUNCT
fsr-3399	273	34	fixed	fix	VERB
fsr-3399	273	35	income	income	NOUN
fsr-3399	273	36	(	(	PUNCT
fsr-3399	273	37	vanguard	vanguard	PROPN
fsr-3399	273	38	wellesley	wellesley	PROPN
fsr-3399	273	39	income	income	PROPN
fsr-3399	273	40	)	)	PUNCT
fsr-3399	273	41	.	.	PUNCT
fsr-3399	274	1	first	first	ADV
fsr-3399	274	2	,	,	PUNCT
fsr-3399	274	3	each	each	PRON
fsr-3399	274	4	of	of	ADP
fsr-3399	274	5	the	the	DET
fsr-3399	274	6	four	four	NUM
fsr-3399	274	7	funds	fund	NOUN
fsr-3399	274	8	is	be	AUX
fsr-3399	274	9	held	hold	VERB
fsr-3399	274	10	from	from	ADP
fsr-3399	274	11	november	november	PROPN
fsr-3399	274	12	1	1	NUM
fsr-3399	274	13	through	through	ADP
fsr-3399	274	14	april	april	PROPN
fsr-3399	274	15	30	30	NUM
fsr-3399	274	16	,	,	PUNCT
fsr-3399	274	17	followed	follow	VERB
fsr-3399	274	18	by	by	ADP
fsr-3399	274	19	a	a	DET
fsr-3399	274	20	switch	switch	NOUN
fsr-3399	274	21	to	to	ADP
fsr-3399	274	22	u.s	u.s	PROPN
fsr-3399	274	23	.	.	PROPN
fsr-3399	274	24	treasury	treasury	PROPN
fsr-3399	274	25	bills	bill	NOUN
fsr-3399	274	26	for	for	ADP
fsr-3399	274	27	the	the	DET
fsr-3399	274	28	remaining	remain	VERB
fsr-3399	274	29	months	month	NOUN
fsr-3399	274	30	.	.	PUNCT
fsr-3399	275	1	the	the	DET
fsr-3399	275	2	performance	performance	NOUN
fsr-3399	275	3	on	on	ADP
fsr-3399	275	4	a	a	DET
fsr-3399	275	5	return	return	NOUN
fsr-3399	275	6	basis	basis	NOUN
fsr-3399	275	7	and	and	CCONJ
fsr-3399	275	8	on	on	ADP
fsr-3399	275	9	a	a	DET
fsr-3399	275	10	risk	risk	NOUN
fsr-3399	275	11	-	-	PUNCT
fsr-3399	275	12	adjusted	adjust	VERB
fsr-3399	275	13	return	return	NOUN
fsr-3399	275	14	basis	basis	NOUN
fsr-3399	275	15	is	be	AUX
fsr-3399	275	16	compared	compare	VERB
fsr-3399	275	17	with	with	ADP
fsr-3399	275	18	the	the	DET
fsr-3399	275	19	performance	performance	NOUN
fsr-3399	275	20	of	of	ADP
fsr-3399	275	21	the	the	DET
fsr-3399	275	22	buy	buy	VERB
fsr-3399	275	23	-	-	PUNCT
fsr-3399	275	24	and	and	CCONJ
fsr-3399	275	25	-	-	PUNCT
fsr-3399	275	26	hold	hold	VERB
fsr-3399	275	27	approach	approach	NOUN
fsr-3399	275	28	.	.	PUNCT
fsr-3399	276	1	although	although	SCONJ
fsr-3399	276	2	the	the	DET
fsr-3399	276	3	results	result	NOUN
fsr-3399	276	4	suggest	suggest	VERB
fsr-3399	276	5	that	that	SCONJ
fsr-3399	276	6	the	the	DET
fsr-3399	276	7	buy	buy	NOUN
fsr-3399	276	8	-	-	PUNCT
fsr-3399	276	9	andhold	andhold	VERB
fsr-3399	276	10	approach	approach	NOUN
fsr-3399	276	11	does	do	AUX
fsr-3399	276	12	not	not	PART
fsr-3399	276	13	fully	fully	ADV
fsr-3399	276	14	compensate	compensate	VERB
fsr-3399	276	15	investors	investor	NOUN
fsr-3399	276	16	for	for	ADP
fsr-3399	276	17	the	the	DET
fsr-3399	276	18	increase	increase	NOUN
fsr-3399	276	19	in	in	ADP
fsr-3399	276	20	risk	risk	NOUN
fsr-3399	276	21	incurred	incur	VERB
fsr-3399	276	22	from	from	ADP
fsr-3399	276	23	may	may	PROPN
fsr-3399	276	24	1	1	NUM
fsr-3399	276	25	through	through	ADP
fsr-3399	276	26	october	october	PROPN
fsr-3399	276	27	31	31	NUM
fsr-3399	276	28	,	,	PUNCT
fsr-3399	276	29	statistical	statistical	ADJ
fsr-3399	276	30	tests	test	NOUN
fsr-3399	276	31	do	do	AUX
fsr-3399	276	32	not	not	PART
fsr-3399	276	33	lead	lead	VERB
fsr-3399	276	34	to	to	ADP
fsr-3399	276	35	the	the	DET
fsr-3399	276	36	rejection	rejection	NOUN
fsr-3399	276	37	of	of	ADP
fsr-3399	276	38	the	the	DET
fsr-3399	276	39	hypothesis	hypothesis	NOUN
fsr-3399	276	40	under	under	ADP
fsr-3399	276	41	test	test	NOUN
fsr-3399	276	42	;	;	PUNCT
fsr-3399	276	43	namely	namely	ADV
fsr-3399	276	44	,	,	PUNCT
fsr-3399	276	45	that	that	SCONJ
fsr-3399	276	46	the	the	DET
fsr-3399	276	47	switching	switch	VERB
fsr-3399	276	48	strategy	strategy	NOUN
fsr-3399	276	49	does	do	AUX
fsr-3399	276	50	not	not	PART
fsr-3399	276	51	outperform	outperform	VERB
fsr-3399	276	52	the	the	DET
fsr-3399	276	53	buy	buy	VERB
fsr-3399	276	54	-	-	PUNCT
fsr-3399	276	55	and	and	CCONJ
fsr-3399	276	56	-	-	PUNCT
fsr-3399	276	57	hold	hold	VERB
fsr-3399	276	58	strategy	strategy	NOUN
fsr-3399	276	59	.	.	PUNCT
fsr-3399	277	1	this	this	DET
fsr-3399	277	2	finding	finding	NOUN
fsr-3399	277	3	aligns	align	VERB
fsr-3399	277	4	with	with	ADP
fsr-3399	277	5	the	the	DET
fsr-3399	277	6	body	body	NOUN
fsr-3399	277	7	of	of	ADP
fsr-3399	277	8	literature	literature	NOUN
fsr-3399	277	9	that	that	PRON
fsr-3399	277	10	questions	question	VERB
fsr-3399	277	11	the	the	DET
fsr-3399	277	12	effectiveness	effectiveness	NOUN
fsr-3399	277	13	of	of	ADP
fsr-3399	277	14	the	the	DET
fsr-3399	277	15	statement	statement	NOUN
fsr-3399	277	16	“	"	PUNCT
fsr-3399	277	17	sell	sell	VERB
fsr-3399	277	18	in	in	ADP
fsr-3399	277	19	may	may	PROPN
fsr-3399	277	20	and	and	CCONJ
fsr-3399	277	21	go	go	VERB
fsr-3399	277	22	away	away	ADV
fsr-3399	277	23	”	"	PUNCT
fsr-3399	277	24	as	as	ADP
fsr-3399	277	25	a	a	DET
fsr-3399	277	26	market	market	NOUN
fsr-3399	277	27	-	-	PUNCT
fsr-3399	277	28	beating	beat	VERB
fsr-3399	277	29	method	method	NOUN
fsr-3399	277	30	.	.	PUNCT
fsr-3399	278	1	as	as	SCONJ
fsr-3399	278	2	recent	recent	ADJ
fsr-3399	278	3	research	research	NOUN
fsr-3399	278	4	demonstrates	demonstrate	VERB
fsr-3399	278	5	,	,	PUNCT
fsr-3399	278	6	tests	test	NOUN
fsr-3399	278	7	of	of	ADP
fsr-3399	278	8	after	after	ADP
fsr-3399	278	9	-	-	PUNCT
fsr-3399	278	10	tax	tax	NOUN
fsr-3399	278	11	return	return	NOUN
fsr-3399	278	12	differences	difference	NOUN
fsr-3399	278	13	:	:	PUNCT
fsr-3399	278	14	switching	switch	VERB
fsr-3399	278	15	strategy	strategy	NOUN
fsr-3399	278	16	vs.	vs.	ADP
fsr-3399	278	17	buy	buy	NOUN
fsr-3399	278	18	-	-	PUNCT
fsr-3399	278	19	and	and	CCONJ
fsr-3399	278	20	-	-	PUNCT
fsr-3399	278	21	hold	hold	VERB
fsr-3399	278	22	approach	approach	NOUN
fsr-3399	278	23	large	large	ADJ
fsr-3399	278	24	-	-	PUNCT
fsr-3399	278	25	cap	cap	NOUN
fsr-3399	278	26	:	:	PUNCT
fsr-3399	278	27	z	z	PROPN
fsr-3399	278	28	�	�	PROPN
fsr-3399	278	29	�	�	PROPN
fsr-3399	278	30	2.62	2.62	NUM
fsr-3399	278	31	;	;	PUNCT
fsr-3399	278	32	p	p	PROPN
fsr-3399	278	33	�	�	PROPN
fsr-3399	278	34	0.00	0.00	NUM
fsr-3399	278	35	small	small	ADJ
fsr-3399	278	36	-	-	PUNCT
fsr-3399	278	37	cap	cap	NOUN
fsr-3399	278	38	:	:	PUNCT
fsr-3399	278	39	z	z	PROPN
fsr-3399	278	40	�	�	PROPN
fsr-3399	278	41	�	�	PROPN
fsr-3399	278	42	1.63	1.63	NUM
fsr-3399	278	43	;	;	PUNCT
fsr-3399	278	44	p	p	PROPN
fsr-3399	278	45	�	�	PROPN
fsr-3399	278	46	0.05	0.05	NUM
fsr-3399	278	47	mid	mid	NOUN
fsr-3399	278	48	-	-	NOUN
fsr-3399	278	49	cap	cap	NOUN
fsr-3399	278	50	:	:	PUNCT
fsr-3399	278	51	z	z	PROPN
fsr-3399	278	52	�	�	PROPN
fsr-3399	278	53	�	�	PROPN
fsr-3399	278	54	1.94	1.94	NUM
fsr-3399	278	55	;	;	PUNCT
fsr-3399	278	56	p	p	PROPN
fsr-3399	278	57	�	�	PROPN
fsr-3399	278	58	0.03	0.03	NUM
fsr-3399	278	59	balanced	balance	VERB
fsr-3399	278	60	:	:	PUNCT
fsr-3399	278	61	z	z	PROPN
fsr-3399	278	62	�	�	PROPN
fsr-3399	278	63	�	�	PROPN
fsr-3399	278	64	3.96	3.96	NUM
fsr-3399	278	65	;	;	PUNCT
fsr-3399	278	66	p	p	PROPN
fsr-3399	278	67	�	�	PROPN
fsr-3399	278	68	0.00	0.00	NUM
fsr-3399	278	69	319a	319a	PROPN
fsr-3399	278	70	.	.	PUNCT
fsr-3399	279	1	loviscek	loviscek	NOUN
fsr-3399	279	2	,	,	PUNCT
fsr-3399	279	3	a.	a.	NOUN
fsr-3399	279	4	broder	broder	PROPN
fsr-3399	279	5	/	/	SYM
fsr-3399	279	6	financial	financial	ADJ
fsr-3399	279	7	services	service	NOUN
fsr-3399	279	8	review	review	VERB
fsr-3399	279	9	27	27	NUM
fsr-3399	279	10	(	(	PUNCT
fsr-3399	279	11	2018	2018	NUM
fsr-3399	279	12	)	)	PUNCT
fsr-3399	279	13	303	303	NUM
fsr-3399	279	14	-	-	SYM
fsr-3399	279	15	322	322	NUM
fsr-3399	279	16	evidence	evidence	NOUN
fsr-3399	279	17	favoring	favor	VERB
fsr-3399	279	18	the	the	DET
fsr-3399	279	19	strategy	strategy	NOUN
fsr-3399	279	20	in	in	ADP
fsr-3399	279	21	prior	prior	ADJ
fsr-3399	279	22	studies	study	NOUN
fsr-3399	279	23	may	may	AUX
fsr-3399	279	24	not	not	PART
fsr-3399	279	25	only	only	ADV
fsr-3399	279	26	be	be	AUX
fsr-3399	279	27	time	time	NOUN
fsr-3399	279	28	-	-	PUNCT
fsr-3399	279	29	specific	specific	ADJ
fsr-3399	279	30	,	,	PUNCT
fsr-3399	279	31	but	but	CCONJ
fsr-3399	279	32	it	it	PRON
fsr-3399	279	33	also	also	ADV
fsr-3399	279	34	may	may	AUX
fsr-3399	279	35	no	no	ADV
fsr-3399	279	36	longer	long	ADV
fsr-3399	279	37	hold	hold	VERB
fsr-3399	279	38	,	,	PUNCT
fsr-3399	279	39	as	as	SCONJ
fsr-3399	279	40	u.s	u.s	PROPN
fsr-3399	279	41	.	.	PROPN
fsr-3399	279	42	markets	market	NOUN
fsr-3399	279	43	have	have	AUX
fsr-3399	279	44	largely	largely	ADV
fsr-3399	279	45	adjusted	adjust	VERB
fsr-3399	279	46	to	to	ADP
fsr-3399	279	47	it	it	PRON
fsr-3399	279	48	.	.	PUNCT
fsr-3399	280	1	the	the	DET
fsr-3399	280	2	findings	finding	NOUN
fsr-3399	280	3	from	from	ADP
fsr-3399	280	4	the	the	DET
fsr-3399	280	5	balanced	balanced	ADJ
fsr-3399	280	6	fund	fund	NOUN
fsr-3399	280	7	may	may	AUX
fsr-3399	280	8	be	be	AUX
fsr-3399	280	9	a	a	DET
fsr-3399	280	10	draw	draw	NOUN
fsr-3399	280	11	for	for	ADP
fsr-3399	280	12	individual	individual	ADJ
fsr-3399	280	13	investors	investor	NOUN
fsr-3399	280	14	.	.	PUNCT
fsr-3399	281	1	the	the	DET
fsr-3399	281	2	buy	buy	VERB
fsr-3399	281	3	-	-	PUNCT
fsr-3399	281	4	and	and	CCONJ
fsr-3399	281	5	-	-	PUNCT
fsr-3399	281	6	hold	hold	VERB
fsr-3399	281	7	approach	approach	NOUN
fsr-3399	281	8	,	,	PUNCT
fsr-3399	281	9	given	give	VERB
fsr-3399	281	10	the	the	DET
fsr-3399	281	11	fund	fund	NOUN
fsr-3399	281	12	’s	’s	PART
fsr-3399	281	13	composition	composition	NOUN
fsr-3399	281	14	of	of	ADP
fsr-3399	281	15	equities	equity	NOUN
fsr-3399	281	16	and	and	CCONJ
fsr-3399	281	17	fixed	fix	VERB
fsr-3399	281	18	-	-	PUNCT
fsr-3399	281	19	income	income	NOUN
fsr-3399	281	20	securities	security	NOUN
fsr-3399	281	21	,	,	PUNCT
fsr-3399	281	22	registers	register	NOUN
fsr-3399	281	23	statistically	statistically	ADV
fsr-3399	281	24	superior	superior	ADJ
fsr-3399	281	25	performance	performance	NOUN
fsr-3399	281	26	,	,	PUNCT
fsr-3399	281	27	both	both	PRON
fsr-3399	281	28	on	on	ADP
fsr-3399	281	29	a	a	DET
fsr-3399	281	30	return	return	NOUN
fsr-3399	281	31	basis	basis	NOUN
fsr-3399	281	32	and	and	CCONJ
fsr-3399	281	33	on	on	ADP
fsr-3399	281	34	a	a	DET
fsr-3399	281	35	risk	risk	NOUN
fsr-3399	281	36	-	-	PUNCT
fsr-3399	281	37	adjusted	adjust	VERB
fsr-3399	281	38	return	return	NOUN
fsr-3399	281	39	basis	basis	NOUN
fsr-3399	281	40	,	,	PUNCT
fsr-3399	281	41	compared	compare	VERB
fsr-3399	281	42	with	with	ADP
fsr-3399	281	43	that	that	PRON
fsr-3399	281	44	of	of	ADP
fsr-3399	281	45	the	the	DET
fsr-3399	281	46	switching	switch	VERB
fsr-3399	281	47	strategy	strategy	NOUN
fsr-3399	281	48	.	.	PUNCT
fsr-3399	282	1	second	second	ADJ
fsr-3399	282	2	,	,	PUNCT
fsr-3399	282	3	this	this	DET
fsr-3399	282	4	study	study	NOUN
fsr-3399	282	5	examines	examine	VERB
fsr-3399	282	6	the	the	DET
fsr-3399	282	7	performances	performance	NOUN
fsr-3399	282	8	of	of	ADP
fsr-3399	282	9	the	the	DET
fsr-3399	282	10	two	two	NUM
fsr-3399	282	11	bear	bear	NOUN
fsr-3399	282	12	markets	market	NOUN
fsr-3399	282	13	and	and	CCONJ
fsr-3399	282	14	the	the	DET
fsr-3399	282	15	two	two	NUM
fsr-3399	282	16	bull	bull	NOUN
fsr-3399	282	17	markets	market	NOUN
fsr-3399	282	18	that	that	PRON
fsr-3399	282	19	occurred	occur	VERB
fsr-3399	282	20	from	from	ADP
fsr-3399	282	21	2000	2000	NUM
fsr-3399	282	22	through	through	ADP
fsr-3399	282	23	2016	2016	NUM
fsr-3399	282	24	to	to	PART
fsr-3399	282	25	test	test	VERB
fsr-3399	282	26	the	the	DET
fsr-3399	282	27	switching	switch	VERB
fsr-3399	282	28	strategy	strategy	NOUN
fsr-3399	282	29	during	during	ADP
fsr-3399	282	30	each	each	DET
fsr-3399	282	31	period	period	NOUN
fsr-3399	282	32	.	.	PUNCT
fsr-3399	283	1	with	with	ADP
fsr-3399	283	2	caution	caution	NOUN
fsr-3399	283	3	about	about	ADP
fsr-3399	283	4	making	make	VERB
fsr-3399	283	5	generalizations	generalization	NOUN
fsr-3399	283	6	given	give	VERB
fsr-3399	283	7	the	the	DET
fsr-3399	283	8	uniqueness	uniqueness	NOUN
fsr-3399	283	9	of	of	ADP
fsr-3399	283	10	each	each	DET
fsr-3399	283	11	bear	bear	NOUN
fsr-3399	283	12	and	and	CCONJ
fsr-3399	283	13	bull	bull	NOUN
fsr-3399	283	14	market	market	NOUN
fsr-3399	283	15	,	,	PUNCT
fsr-3399	283	16	the	the	DET
fsr-3399	283	17	switching	switch	VERB
fsr-3399	283	18	strategy	strategy	NOUN
fsr-3399	283	19	registers	register	VERB
fsr-3399	283	20	superior	superior	ADJ
fsr-3399	283	21	return	return	NOUN
fsr-3399	283	22	performance	performance	NOUN
fsr-3399	283	23	over	over	ADP
fsr-3399	283	24	the	the	DET
fsr-3399	283	25	buy	buy	NOUN
fsr-3399	283	26	-	-	PUNCT
fsr-3399	283	27	andhold	andhold	VERB
fsr-3399	283	28	approach	approach	NOUN
fsr-3399	283	29	during	during	ADP
fsr-3399	283	30	these	these	DET
fsr-3399	283	31	bear	bear	NOUN
fsr-3399	283	32	markets	market	NOUN
fsr-3399	283	33	,	,	PUNCT
fsr-3399	283	34	while	while	SCONJ
fsr-3399	283	35	the	the	DET
fsr-3399	283	36	buy	buy	VERB
fsr-3399	283	37	-	-	PUNCT
fsr-3399	283	38	and	and	CCONJ
fsr-3399	283	39	-	-	PUNCT
fsr-3399	283	40	hold	hold	VERB
fsr-3399	283	41	approach	approach	NOUN
fsr-3399	283	42	offers	offer	VERB
fsr-3399	283	43	superior	superior	ADJ
fsr-3399	283	44	return	return	NOUN
fsr-3399	283	45	performance	performance	NOUN
fsr-3399	283	46	during	during	ADP
fsr-3399	283	47	bullish	bullish	ADJ
fsr-3399	283	48	periods	period	NOUN
fsr-3399	283	49	.	.	PUNCT
fsr-3399	284	1	although	although	SCONJ
fsr-3399	284	2	the	the	DET
fsr-3399	284	3	results	result	NOUN
fsr-3399	284	4	from	from	ADP
fsr-3399	284	5	the	the	DET
fsr-3399	284	6	bear	bear	NOUN
fsr-3399	284	7	markets	market	NOUN
fsr-3399	284	8	are	be	AUX
fsr-3399	284	9	not	not	PART
fsr-3399	284	10	strong	strong	ADJ
fsr-3399	284	11	enough	enough	ADV
fsr-3399	284	12	to	to	PART
fsr-3399	284	13	reject	reject	VERB
fsr-3399	284	14	the	the	DET
fsr-3399	284	15	null	null	ADJ
fsr-3399	284	16	hypothesis	hypothesis	NOUN
fsr-3399	284	17	under	under	ADP
fsr-3399	284	18	test	test	NOUN
fsr-3399	284	19	,	,	PUNCT
fsr-3399	284	20	they	they	PRON
fsr-3399	284	21	signal	signal	VERB
fsr-3399	284	22	that	that	SCONJ
fsr-3399	284	23	individual	individual	ADJ
fsr-3399	284	24	investors	investor	NOUN
fsr-3399	284	25	might	might	AUX
fsr-3399	284	26	want	want	VERB
fsr-3399	284	27	to	to	PART
fsr-3399	284	28	consider	consider	VERB
fsr-3399	284	29	switching	switch	VERB
fsr-3399	284	30	to	to	ADP
fsr-3399	284	31	u.s	u.s	PROPN
fsr-3399	284	32	.	.	PROPN
fsr-3399	284	33	treasury	treasury	PROPN
fsr-3399	284	34	bills	bill	NOUN
fsr-3399	284	35	during	during	ADP
fsr-3399	284	36	flat	flat	ADJ
fsr-3399	284	37	-	-	PUNCT
fsr-3399	284	38	to	to	ADP
fsr-3399	284	39	-	-	PUNCT
fsr-3399	284	40	bearish	bearish	ADJ
fsr-3399	284	41	times	time	NOUN
fsr-3399	284	42	but	but	CCONJ
fsr-3399	284	43	move	move	VERB
fsr-3399	284	44	to	to	ADP
fsr-3399	284	45	the	the	DET
fsr-3399	284	46	buy	buy	VERB
fsr-3399	284	47	-	-	PUNCT
fsr-3399	284	48	and	and	CCONJ
fsr-3399	284	49	-	-	PUNCT
fsr-3399	284	50	hold	hold	VERB
fsr-3399	284	51	approach	approach	NOUN
fsr-3399	284	52	during	during	ADP
fsr-3399	284	53	bullish	bullish	ADJ
fsr-3399	284	54	periods	period	NOUN
fsr-3399	284	55	.	.	PUNCT
fsr-3399	285	1	this	this	PRON
fsr-3399	285	2	requires	require	VERB
fsr-3399	285	3	,	,	PUNCT
fsr-3399	285	4	however	however	ADV
fsr-3399	285	5	,	,	PUNCT
fsr-3399	285	6	accurate	accurate	ADJ
fsr-3399	285	7	market	market	NOUN
fsr-3399	285	8	timing	timing	NOUN
fsr-3399	285	9	of	of	ADP
fsr-3399	285	10	turning	turn	VERB
fsr-3399	285	11	points	point	NOUN
fsr-3399	285	12	,	,	PUNCT
fsr-3399	285	13	a	a	DET
fsr-3399	285	14	difficult	difficult	ADJ
fsr-3399	285	15	task	task	NOUN
fsr-3399	285	16	.	.	PUNCT
fsr-3399	286	1	third	third	ADJ
fsr-3399	286	2	,	,	PUNCT
fsr-3399	286	3	this	this	DET
fsr-3399	286	4	study	study	NOUN
fsr-3399	286	5	provides	provide	VERB
fsr-3399	286	6	some	some	DET
fsr-3399	286	7	concise	concise	ADJ
fsr-3399	286	8	statistical	statistical	ADJ
fsr-3399	286	9	evidence	evidence	NOUN
fsr-3399	286	10	that	that	SCONJ
fsr-3399	286	11	the	the	DET
fsr-3399	286	12	application	application	NOUN
fsr-3399	286	13	of	of	ADP
fsr-3399	286	14	the	the	DET
fsr-3399	286	15	switching	switch	VERB
fsr-3399	286	16	strategy	strategy	NOUN
fsr-3399	286	17	should	should	AUX
fsr-3399	286	18	be	be	AUX
fsr-3399	286	19	in	in	ADP
fsr-3399	286	20	a	a	DET
fsr-3399	286	21	tax	tax	NOUN
fsr-3399	286	22	-	-	PUNCT
fsr-3399	286	23	sheltered	shelter	VERB
fsr-3399	286	24	account	account	NOUN
fsr-3399	286	25	if	if	SCONJ
fsr-3399	286	26	the	the	DET
fsr-3399	286	27	switching	switching	NOUN
fsr-3399	286	28	strategy	strategy	NOUN
fsr-3399	286	29	is	be	AUX
fsr-3399	286	30	to	to	PART
fsr-3399	286	31	at	at	ADV
fsr-3399	286	32	least	least	ADJ
fsr-3399	286	33	keep	keep	VERB
fsr-3399	286	34	pace	pace	NOUN
fsr-3399	286	35	with	with	ADP
fsr-3399	286	36	the	the	DET
fsr-3399	286	37	buy	buy	VERB
fsr-3399	286	38	-	-	PUNCT
fsr-3399	286	39	and	and	CCONJ
fsr-3399	286	40	-	-	PUNCT
fsr-3399	286	41	hold	hold	NOUN
fsr-3399	286	42	method	method	NOUN
fsr-3399	286	43	.	.	PUNCT
fsr-3399	287	1	this	this	PRON
fsr-3399	287	2	is	be	AUX
fsr-3399	287	3	because	because	SCONJ
fsr-3399	287	4	the	the	DET
fsr-3399	287	5	gains	gain	NOUN
fsr-3399	287	6	from	from	ADP
fsr-3399	287	7	the	the	DET
fsr-3399	287	8	switching	switch	VERB
fsr-3399	287	9	strategy	strategy	NOUN
fsr-3399	287	10	are	be	AUX
fsr-3399	287	11	short	short	ADJ
fsr-3399	287	12	-	-	PUNCT
fsr-3399	287	13	term	term	NOUN
fsr-3399	287	14	,	,	PUNCT
fsr-3399	287	15	which	which	PRON
fsr-3399	287	16	are	be	AUX
fsr-3399	287	17	taxed	tax	VERB
fsr-3399	287	18	currently	currently	ADV
fsr-3399	287	19	at	at	ADP
fsr-3399	287	20	ordinary	ordinary	ADJ
fsr-3399	287	21	income	income	NOUN
fsr-3399	287	22	rates	rate	NOUN
fsr-3399	287	23	in	in	ADP
fsr-3399	287	24	the	the	DET
fsr-3399	287	25	u.s	u.s	PROPN
fsr-3399	287	26	.	.	PROPN
fsr-3399	287	27	preferential	preferential	ADJ
fsr-3399	287	28	tax	tax	NOUN
fsr-3399	287	29	treatment	treatment	NOUN
fsr-3399	287	30	is	be	AUX
fsr-3399	287	31	given	give	VERB
fsr-3399	287	32	to	to	ADP
fsr-3399	287	33	long	long	ADJ
fsr-3399	287	34	-	-	PUNCT
fsr-3399	287	35	term	term	NOUN
fsr-3399	287	36	gains	gain	NOUN
fsr-3399	287	37	earned	earn	VERB
fsr-3399	287	38	from	from	ADP
fsr-3399	287	39	assets	asset	NOUN
fsr-3399	287	40	held	hold	VERB
fsr-3399	287	41	for	for	ADP
fsr-3399	287	42	over	over	ADP
fsr-3399	287	43	one	one	NUM
fsr-3399	287	44	year	year	NOUN
fsr-3399	287	45	,	,	PUNCT
fsr-3399	287	46	which	which	PRON
fsr-3399	287	47	aligns	align	VERB
fsr-3399	287	48	more	more	ADV
fsr-3399	287	49	closely	closely	ADV
fsr-3399	287	50	with	with	ADP
fsr-3399	287	51	the	the	DET
fsr-3399	287	52	buy	buy	VERB
fsr-3399	287	53	-	-	PUNCT
fsr-3399	287	54	and	and	CCONJ
fsr-3399	287	55	-	-	PUNCT
fsr-3399	287	56	hold	hold	VERB
fsr-3399	287	57	approach	approach	NOUN
fsr-3399	287	58	than	than	ADP
fsr-3399	287	59	with	with	ADP
fsr-3399	287	60	a	a	DET
fsr-3399	287	61	short	short	ADJ
fsr-3399	287	62	-	-	PUNCT
fsr-3399	287	63	term	term	NOUN
fsr-3399	287	64	trading	trading	NOUN
fsr-3399	287	65	strategy	strategy	NOUN
fsr-3399	287	66	.	.	PUNCT
fsr-3399	288	1	notes	note	NOUN
fsr-3399	288	2	1	1	NUM
fsr-3399	288	3	we	we	PRON
fsr-3399	288	4	are	be	AUX
fsr-3399	288	5	grateful	grateful	ADJ
fsr-3399	288	6	to	to	ADP
fsr-3399	288	7	an	an	DET
fsr-3399	288	8	anonymous	anonymous	ADJ
fsr-3399	288	9	referee	referee	NOUN
fsr-3399	288	10	for	for	ADP
fsr-3399	288	11	these	these	DET
fsr-3399	288	12	clarifications	clarification	NOUN
fsr-3399	288	13	.	.	PUNCT
fsr-3399	289	1	2	2	NUM
fsr-3399	289	2	we	we	PRON
fsr-3399	289	3	are	be	AUX
fsr-3399	289	4	grateful	grateful	ADJ
fsr-3399	289	5	to	to	ADP
fsr-3399	289	6	an	an	DET
fsr-3399	289	7	anonymous	anonymous	ADJ
fsr-3399	289	8	referee	referee	NOUN
fsr-3399	289	9	for	for	ADP
fsr-3399	289	10	these	these	DET
fsr-3399	289	11	clarifications	clarification	NOUN
fsr-3399	289	12	.	.	PUNCT
fsr-3399	290	1	references	reference	NOUN
fsr-3399	290	2	anderson	anderson	PROPN
fsr-3399	290	3	,	,	PUNCT
fsr-3399	290	4	r.	r.	PROPN
fsr-3399	290	5	i.	i.	PROPN
fsr-3399	290	6	,	,	PUNCT
fsr-3399	290	7	&	&	CCONJ
fsr-3399	290	8	loviscek	loviscek	PROPN
fsr-3399	290	9	,	,	PUNCT
fsr-3399	290	10	a.	a.	PROPN
fsr-3399	290	11	l.	l.	PROPN
fsr-3399	290	12	(	(	PUNCT
fsr-3399	290	13	2005	2005	NUM
fsr-3399	290	14	)	)	PUNCT
fsr-3399	290	15	.	.	PUNCT
fsr-3399	291	1	searching	search	VERB
fsr-3399	291	2	for	for	ADP
fsr-3399	291	3	information	information	NOUN
fsr-3399	291	4	content	content	NOUN
fsr-3399	291	5	:	:	PUNCT
fsr-3399	291	6	portfolio	portfolio	NOUN
fsr-3399	291	7	performance	performance	NOUN
fsr-3399	291	8	of	of	ADP
fsr-3399	291	9	the	the	DET
fsr-3399	291	10	100	100	NUM
fsr-3399	291	11	best	good	ADJ
fsr-3399	291	12	stocks	stock	NOUN
fsr-3399	291	13	to	to	PART
fsr-3399	291	14	own	own	VERB
fsr-3399	291	15	in	in	ADP
fsr-3399	291	16	america	america	PROPN
fsr-3399	291	17	.	.	PUNCT
fsr-3399	292	1	financial	financial	ADJ
fsr-3399	292	2	services	services	PROPN
fsr-3399	292	3	review	review	PROPN
fsr-3399	292	4	,	,	PUNCT
fsr-3399	292	5	14	14	NUM
fsr-3399	292	6	,	,	PUNCT
fsr-3399	292	7	197–209	197–209	NUM
fsr-3399	292	8	.	.	PUNCT
fsr-3399	293	1	anderson	anderson	PROPN
fsr-3399	293	2	,	,	PUNCT
fsr-3399	293	3	j.	j.	PROPN
fsr-3399	293	4	,	,	PUNCT
fsr-3399	293	5	&	&	CCONJ
fsr-3399	293	6	smith	smith	PROPN
fsr-3399	293	7	,	,	PUNCT
fsr-3399	293	8	g.	g.	PROPN
fsr-3399	293	9	(	(	PUNCT
fsr-3399	293	10	2006	2006	NUM
fsr-3399	293	11	)	)	PUNCT
fsr-3399	293	12	.	.	PUNCT
fsr-3399	294	1	a	a	DET
fsr-3399	294	2	great	great	ADJ
fsr-3399	294	3	company	company	NOUN
fsr-3399	294	4	can	can	AUX
fsr-3399	294	5	be	be	AUX
fsr-3399	294	6	a	a	DET
fsr-3399	294	7	great	great	ADJ
fsr-3399	294	8	investment	investment	NOUN
fsr-3399	294	9	.	.	PUNCT
fsr-3399	295	1	financial	financial	ADJ
fsr-3399	295	2	analysts	analyst	NOUN
fsr-3399	295	3	journal	journal	NOUN
fsr-3399	295	4	,	,	PUNCT
fsr-3399	295	5	62	62	NUM
fsr-3399	295	6	,	,	PUNCT
fsr-3399	295	7	86–93	86–93	NUM
fsr-3399	295	8	.	.	PUNCT
fsr-3399	296	1	andrade	andrade	PROPN
fsr-3399	296	2	,	,	PUNCT
fsr-3399	296	3	s.	s.	PROPN
fsr-3399	296	4	,	,	PUNCT
fsr-3399	296	5	chhaochharia	chhaochharia	PROPN
fsr-3399	296	6	,	,	PUNCT
fsr-3399	296	7	v.	v.	PROPN
fsr-3399	296	8	,	,	PUNCT
fsr-3399	296	9	&	&	CCONJ
fsr-3399	296	10	fuerst	fuerst	PROPN
fsr-3399	296	11	,	,	PUNCT
fsr-3399	296	12	m.	m.	PROPN
fsr-3399	296	13	e.	e.	PROPN
fsr-3399	296	14	(	(	PUNCT
fsr-3399	296	15	2013	2013	NUM
fsr-3399	296	16	)	)	PUNCT
fsr-3399	296	17	.	.	PUNCT
fsr-3399	297	1	“	"	PUNCT
fsr-3399	297	2	sell	sell	VERB
fsr-3399	297	3	in	in	ADP
fsr-3399	297	4	may	may	PROPN
fsr-3399	297	5	and	and	CCONJ
fsr-3399	297	6	go	go	VERB
fsr-3399	297	7	away	away	ADV
fsr-3399	297	8	”	"	PUNCT
fsr-3399	297	9	just	just	ADV
fsr-3399	297	10	wo	will	AUX
fsr-3399	297	11	n’t	not	PART
fsr-3399	297	12	go	go	VERB
fsr-3399	297	13	away	away	ADV
fsr-3399	297	14	.	.	PUNCT
fsr-3399	298	1	financial	financial	ADJ
fsr-3399	298	2	analysts	analyst	NOUN
fsr-3399	298	3	journal	journal	NOUN
fsr-3399	298	4	,	,	PUNCT
fsr-3399	298	5	69	69	NUM
fsr-3399	298	6	,	,	PUNCT
fsr-3399	298	7	94–105	94–105	PROPN
fsr-3399	298	8	.	.	PUNCT
fsr-3399	299	1	aronson	aronson	PROPN
fsr-3399	299	2	,	,	PUNCT
fsr-3399	299	3	d.	d.	PROPN
fsr-3399	299	4	,	,	PUNCT
fsr-3399	299	5	&	&	CCONJ
fsr-3399	299	6	masters	master	NOUN
fsr-3399	299	7	,	,	PUNCT
fsr-3399	299	8	t.	t.	PROPN
fsr-3399	299	9	(	(	PUNCT
fsr-3399	299	10	2006	2006	NUM
fsr-3399	299	11	)	)	PUNCT
fsr-3399	299	12	.	.	PUNCT
fsr-3399	300	1	evidence	evidence	NOUN
fsr-3399	300	2	-	-	PUNCT
fsr-3399	300	3	based	base	VERB
fsr-3399	300	4	technical	technical	ADJ
fsr-3399	300	5	analysis	analysis	NOUN
fsr-3399	300	6	.	.	PUNCT
fsr-3399	301	1	new	new	PROPN
fsr-3399	301	2	york	york	PROPN
fsr-3399	301	3	,	,	PUNCT
fsr-3399	301	4	ny	ny	PROPN
fsr-3399	301	5	:	:	PUNCT
fsr-3399	301	6	wiley	wiley	PROPN
fsr-3399	301	7	.	.	PUNCT
fsr-3399	302	1	barber	barber	PROPN
fsr-3399	302	2	,	,	PUNCT
fsr-3399	302	3	b.	b.	PROPN
fsr-3399	302	4	,	,	PUNCT
fsr-3399	302	5	lehavy	lehavy	PROPN
fsr-3399	302	6	,	,	PUNCT
fsr-3399	302	7	r.	r.	PROPN
fsr-3399	302	8	,	,	PUNCT
fsr-3399	302	9	mcnichols	mcnichols	PROPN
fsr-3399	302	10	,	,	PUNCT
fsr-3399	302	11	m.	m.	NOUN
fsr-3399	302	12	,	,	PUNCT
fsr-3399	302	13	&	&	CCONJ
fsr-3399	302	14	trueman	trueman	PROPN
fsr-3399	302	15	,	,	PUNCT
fsr-3399	302	16	b.	b.	PROPN
fsr-3399	302	17	(	(	PUNCT
fsr-3399	302	18	2001	2001	NUM
fsr-3399	302	19	)	)	PUNCT
fsr-3399	302	20	.	.	PUNCT
fsr-3399	303	1	can	can	AUX
fsr-3399	303	2	investors	investors	PROPN
fsr-3399	303	3	profit	profit	VERB
fsr-3399	303	4	from	from	ADP
fsr-3399	303	5	the	the	DET
fsr-3399	303	6	prophets	prophet	NOUN
fsr-3399	303	7	?	?	PUNCT
fsr-3399	304	1	analyst	analyst	NOUN
fsr-3399	304	2	recommendations	recommendation	NOUN
fsr-3399	304	3	and	and	CCONJ
fsr-3399	304	4	stock	stock	NOUN
fsr-3399	304	5	returns	return	NOUN
fsr-3399	304	6	.	.	PUNCT
fsr-3399	305	1	journal	journal	NOUN
fsr-3399	305	2	of	of	ADP
fsr-3399	305	3	finance	finance	NOUN
fsr-3399	305	4	,	,	PUNCT
fsr-3399	305	5	56	56	NUM
fsr-3399	305	6	,	,	PUNCT
fsr-3399	305	7	531–563	531–563	NUM
fsr-3399	305	8	.	.	PUNCT
fsr-3399	306	1	barber	barber	PROPN
fsr-3399	306	2	,	,	PUNCT
fsr-3399	306	3	b.	b.	PROPN
fsr-3399	306	4	,	,	PUNCT
fsr-3399	306	5	&	&	CCONJ
fsr-3399	306	6	odean	odean	ADJ
fsr-3399	306	7	,	,	PUNCT
fsr-3399	306	8	t.	t.	PROPN
fsr-3399	306	9	(	(	PUNCT
fsr-3399	306	10	2000	2000	NUM
fsr-3399	306	11	)	)	PUNCT
fsr-3399	306	12	.	.	PUNCT
fsr-3399	307	1	trading	trading	NOUN
fsr-3399	307	2	can	can	AUX
fsr-3399	307	3	be	be	AUX
fsr-3399	307	4	hazardous	hazardous	ADJ
fsr-3399	307	5	to	to	ADP
fsr-3399	307	6	your	your	PRON
fsr-3399	307	7	wealth	wealth	NOUN
fsr-3399	307	8	:	:	PUNCT
fsr-3399	307	9	the	the	DET
fsr-3399	307	10	common	common	ADJ
fsr-3399	307	11	stock	stock	NOUN
fsr-3399	307	12	performance	performance	NOUN
fsr-3399	307	13	of	of	ADP
fsr-3399	307	14	individual	individual	ADJ
fsr-3399	307	15	investors	investor	NOUN
fsr-3399	307	16	.	.	PUNCT
fsr-3399	308	1	journal	journal	PROPN
fsr-3399	308	2	of	of	ADP
fsr-3399	308	3	finance	finance	NOUN
fsr-3399	308	4	,	,	PUNCT
fsr-3399	308	5	55	55	NUM
fsr-3399	308	6	,	,	PUNCT
fsr-3399	308	7	773–806	773–806	NUM
fsr-3399	308	8	.	.	PUNCT
fsr-3399	309	1	barber	barber	PROPN
fsr-3399	309	2	,	,	PUNCT
fsr-3399	309	3	b.	b.	PROPN
fsr-3399	309	4	,	,	PUNCT
fsr-3399	309	5	&	&	CCONJ
fsr-3399	309	6	odean	odean	ADJ
fsr-3399	309	7	,	,	PUNCT
fsr-3399	309	8	t.	t.	PROPN
fsr-3399	309	9	(	(	PUNCT
fsr-3399	309	10	2004	2004	NUM
fsr-3399	309	11	)	)	PUNCT
fsr-3399	309	12	.	.	PUNCT
fsr-3399	309	13	are	be	AUX
fsr-3399	309	14	individual	individual	ADJ
fsr-3399	309	15	investors	investor	NOUN
fsr-3399	309	16	tax	tax	NOUN
fsr-3399	309	17	savvy	savvy	ADJ
fsr-3399	309	18	?	?	PUNCT
fsr-3399	310	1	evidence	evidence	NOUN
fsr-3399	310	2	from	from	ADP
fsr-3399	310	3	retail	retail	ADJ
fsr-3399	310	4	and	and	CCONJ
fsr-3399	310	5	discount	discount	NOUN
fsr-3399	310	6	brokerage	brokerage	NOUN
fsr-3399	310	7	accounts	account	NOUN
fsr-3399	310	8	.	.	PUNCT
fsr-3399	311	1	journal	journal	NOUN
fsr-3399	311	2	of	of	ADP
fsr-3399	311	3	public	public	ADJ
fsr-3399	311	4	economics	economic	NOUN
fsr-3399	311	5	,	,	PUNCT
fsr-3399	311	6	88	88	NUM
fsr-3399	311	7	,	,	PUNCT
fsr-3399	311	8	419–442	419–442	NUM
fsr-3399	311	9	.	.	NOUN
fsr-3399	311	10	320	320	NUM
fsr-3399	311	11	a.	a.	NOUN
fsr-3399	311	12	loviscek	loviscek	NOUN
fsr-3399	311	13	,	,	PUNCT
fsr-3399	311	14	a.	a.	NOUN
fsr-3399	311	15	broder	broder	PROPN
fsr-3399	311	16	/	/	SYM
fsr-3399	311	17	financial	financial	ADJ
fsr-3399	311	18	services	service	NOUN
fsr-3399	311	19	review	review	VERB
fsr-3399	311	20	27	27	NUM
fsr-3399	311	21	(	(	PUNCT
fsr-3399	311	22	2018	2018	NUM
fsr-3399	311	23	)	)	PUNCT
fsr-3399	311	24	303	303	NUM
fsr-3399	311	25	-	-	SYM
fsr-3399	311	26	322	322	NUM
fsr-3399	311	27	bessembinder	bessembinder	NOUN
fsr-3399	311	28	,	,	PUNCT
fsr-3399	311	29	h.	h.	PROPN
fsr-3399	311	30	,	,	PUNCT
fsr-3399	311	31	&	&	CCONJ
fsr-3399	311	32	chan	chan	PROPN
fsr-3399	311	33	,	,	PUNCT
fsr-3399	311	34	k.	k.	PROPN
fsr-3399	311	35	(	(	PUNCT
fsr-3399	311	36	1998	1998	NUM
fsr-3399	311	37	)	)	PUNCT
fsr-3399	311	38	.	.	PUNCT
fsr-3399	312	1	market	market	NOUN
fsr-3399	312	2	efficiency	efficiency	NOUN
fsr-3399	312	3	and	and	CCONJ
fsr-3399	312	4	the	the	DET
fsr-3399	312	5	returns	return	NOUN
fsr-3399	312	6	to	to	ADP
fsr-3399	312	7	technical	technical	ADJ
fsr-3399	312	8	analysis	analysis	NOUN
fsr-3399	312	9	.	.	PUNCT
fsr-3399	313	1	financial	financial	ADJ
fsr-3399	313	2	management	management	NOUN
fsr-3399	313	3	,	,	PUNCT
fsr-3399	313	4	27	27	NUM
fsr-3399	313	5	,	,	PUNCT
fsr-3399	313	6	5–17	5–17	PROPN
fsr-3399	313	7	.	.	PUNCT
fsr-3399	314	1	borowski	borowski	PROPN
fsr-3399	314	2	,	,	PUNCT
fsr-3399	314	3	k.	k.	PROPN
fsr-3399	314	4	(	(	PUNCT
fsr-3399	314	5	2015	2015	NUM
fsr-3399	314	6	)	)	PUNCT
fsr-3399	314	7	.	.	PUNCT
fsr-3399	315	1	analysis	analysis	NOUN
fsr-3399	315	2	of	of	ADP
fsr-3399	315	3	sell	sell	NOUN
fsr-3399	315	4	-	-	PUNCT
fsr-3399	315	5	in	in	ADP
fsr-3399	315	6	-	-	PUNCT
fsr-3399	315	7	may	may	NOUN
fsr-3399	315	8	-	-	PUNCT
fsr-3399	315	9	and	and	CCONJ
fsr-3399	315	10	-	-	PUNCT
fsr-3399	315	11	go	go	VERB
fsr-3399	315	12	-	-	PUNCT
fsr-3399	315	13	away	away	NOUN
fsr-3399	315	14	among	among	ADP
fsr-3399	315	15	122	122	NUM
fsr-3399	315	16	equity	equity	NOUN
fsr-3399	315	17	indices	index	NOUN
fsr-3399	315	18	and	and	CCONJ
fsr-3399	315	19	39	39	NUM
fsr-3399	315	20	commodities	commodity	NOUN
fsr-3399	315	21	.	.	PUNCT
fsr-3399	316	1	international	international	ADJ
fsr-3399	316	2	journal	journal	PROPN
fsr-3399	316	3	of	of	ADP
fsr-3399	316	4	economics	economic	NOUN
fsr-3399	316	5	and	and	CCONJ
fsr-3399	316	6	finance	finance	NOUN
fsr-3399	316	7	,	,	PUNCT
fsr-3399	316	8	7	7	NUM
fsr-3399	316	9	,	,	PUNCT
fsr-3399	316	10	119–129	119–129	NUM
fsr-3399	316	11	.	.	PUNCT
fsr-3399	317	1	bouman	bouman	PROPN
fsr-3399	317	2	,	,	PUNCT
fsr-3399	317	3	s.	s.	PROPN
fsr-3399	317	4	,	,	PUNCT
fsr-3399	317	5	&	&	CCONJ
fsr-3399	317	6	jacobsen	jacobsen	PROPN
fsr-3399	317	7	,	,	PUNCT
fsr-3399	317	8	b.	b.	PROPN
fsr-3399	317	9	(	(	PUNCT
fsr-3399	317	10	2002	2002	NUM
fsr-3399	317	11	)	)	PUNCT
fsr-3399	317	12	.	.	PUNCT
fsr-3399	318	1	the	the	DET
fsr-3399	318	2	halloween	halloween	PROPN
fsr-3399	318	3	indicator	indicator	NOUN
fsr-3399	318	4	,	,	PUNCT
fsr-3399	318	5	‘	'	PUNCT
fsr-3399	318	6	sell	sell	VERB
fsr-3399	318	7	in	in	ADP
fsr-3399	318	8	may	may	PROPN
fsr-3399	318	9	and	and	CCONJ
fsr-3399	318	10	go	go	VERB
fsr-3399	318	11	away	away	ADV
fsr-3399	318	12	’	'	PUNCT
fsr-3399	318	13	:	:	PUNCT
fsr-3399	318	14	another	another	DET
fsr-3399	318	15	puzzle	puzzle	NOUN
fsr-3399	318	16	.	.	PUNCT
fsr-3399	319	1	american	american	PROPN
fsr-3399	319	2	economic	economic	PROPN
fsr-3399	319	3	review	review	PROPN
fsr-3399	319	4	,	,	PUNCT
fsr-3399	319	5	92	92	NUM
fsr-3399	319	6	,	,	PUNCT
fsr-3399	319	7	1618–1635	1618–1635	NUM
fsr-3399	319	8	.	.	PUNCT
fsr-3399	319	9	brecht	brecht	PROPN
fsr-3399	319	10	,	,	PUNCT
fsr-3399	319	11	k.	k.	PROPN
fsr-3399	319	12	(	(	PUNCT
fsr-3399	319	13	2016	2016	NUM
fsr-3399	319	14	)	)	PUNCT
fsr-3399	319	15	.	.	PUNCT
fsr-3399	320	1	u.s	u.s	PROPN
fsr-3399	320	2	.	.	PROPN
fsr-3399	320	3	news	news	PROPN
fsr-3399	320	4	and	and	CCONJ
fsr-3399	320	5	world	world	NOUN
fsr-3399	320	6	report	report	NOUN
fsr-3399	320	7	.	.	PUNCT
fsr-3399	321	1	(	(	PUNCT
fsr-3399	321	2	available	available	ADJ
fsr-3399	321	3	at	at	ADP
fsr-3399	321	4	http://money.usnews.com/investing/articles/201604-26/why-you-should-not-sell-in-may-and-go-away	http://money.usnews.com/investing/articles/201604-26/why-you-should-not-sell-in-may-and-go-away	PROPN
fsr-3399	321	5	)	)	PUNCT
fsr-3399	321	6	.	.	PUNCT
fsr-3399	322	1	buffet	buffet	PROPN
fsr-3399	322	2	,	,	PUNCT
fsr-3399	322	3	w.	w.	PROPN
fsr-3399	322	4	(	(	PUNCT
fsr-3399	322	5	2008	2008	NUM
fsr-3399	322	6	)	)	PUNCT
fsr-3399	322	7	.	.	PUNCT
fsr-3399	323	1	be	be	AUX
fsr-3399	323	2	fearful	fearful	ADJ
fsr-3399	323	3	when	when	SCONJ
fsr-3399	323	4	others	other	NOUN
fsr-3399	323	5	are	be	AUX
fsr-3399	323	6	greedy	greedy	ADJ
fsr-3399	323	7	and	and	CCONJ
fsr-3399	323	8	greedy	greedy	ADJ
fsr-3399	323	9	when	when	SCONJ
fsr-3399	323	10	others	other	NOUN
fsr-3399	323	11	are	be	AUX
fsr-3399	323	12	fearful	fearful	ADJ
fsr-3399	323	13	.	.	PUNCT
fsr-3399	324	1	interview	interview	NOUN
fsr-3399	324	2	with	with	ADP
fsr-3399	324	3	charlie	charlie	PROPN
fsr-3399	324	4	rose	rise	VERB
fsr-3399	324	5	,	,	PUNCT
fsr-3399	324	6	pbs	pbs	PROPN
fsr-3399	324	7	(	(	PUNCT
fsr-3399	324	8	october	october	PROPN
fsr-3399	324	9	1	1	NUM
fsr-3399	324	10	,	,	PUNCT
fsr-3399	324	11	2008	2008	NUM
fsr-3399	324	12	)	)	PUNCT
fsr-3399	324	13	.	.	PUNCT
fsr-3399	325	1	chang	chang	PROPN
fsr-3399	325	2	,	,	PUNCT
fsr-3399	325	3	e.	e.	PROPN
fsr-3399	325	4	c.	c.	PROPN
fsr-3399	325	5	,	,	PUNCT
fsr-3399	325	6	&	&	CCONJ
fsr-3399	325	7	lewellen	lewellen	PROPN
fsr-3399	325	8	,	,	PUNCT
fsr-3399	325	9	w.	w.	PROPN
fsr-3399	325	10	c.	c.	PROPN
fsr-3399	325	11	(	(	PUNCT
fsr-3399	325	12	1984	1984	NUM
fsr-3399	325	13	)	)	PUNCT
fsr-3399	325	14	.	.	PUNCT
fsr-3399	326	1	market	market	NOUN
fsr-3399	326	2	timing	timing	NOUN
fsr-3399	326	3	and	and	CCONJ
fsr-3399	326	4	u.s	u.s	PROPN
fsr-3399	326	5	.	.	PROPN
fsr-3399	326	6	investment	investment	NOUN
fsr-3399	326	7	fund	fund	NOUN
fsr-3399	326	8	performance	performance	NOUN
fsr-3399	326	9	.	.	PUNCT
fsr-3399	327	1	journal	journal	NOUN
fsr-3399	327	2	of	of	ADP
fsr-3399	327	3	business	business	NOUN
fsr-3399	327	4	,	,	PUNCT
fsr-3399	327	5	57	57	NUM
fsr-3399	327	6	,	,	PUNCT
fsr-3399	327	7	57–72	57–72	NUM
fsr-3399	327	8	.	.	PUNCT
fsr-3399	328	1	chen	chen	PROPN
fsr-3399	328	2	,	,	PUNCT
fsr-3399	328	3	h.	h.	PROPN
fsr-3399	328	4	,	,	PUNCT
fsr-3399	328	5	shin	shin	PROPN
fsr-3399	328	6	,	,	PUNCT
fsr-3399	328	7	h.	h.	PROPN
fsr-3399	328	8	s.	s.	PROPN
fsr-3399	328	9	,	,	PUNCT
fsr-3399	328	10	&	&	CCONJ
fsr-3399	328	11	sun	sun	PROPN
fsr-3399	328	12	,	,	PUNCT
fsr-3399	328	13	x.	x.	NOUN
fsr-3399	328	14	(	(	PUNCT
fsr-3399	328	15	2015	2015	NUM
fsr-3399	328	16	)	)	PUNCT
fsr-3399	328	17	.	.	PUNCT
fsr-3399	329	1	return	return	NOUN
fsr-3399	329	2	-	-	PUNCT
fsr-3399	329	3	enhancing	enhance	VERB
fsr-3399	329	4	strategies	strategy	NOUN
fsr-3399	329	5	with	with	ADP
fsr-3399	329	6	international	international	ADJ
fsr-3399	329	7	etfs	etfs	NOUN
fsr-3399	329	8	:	:	PUNCT
fsr-3399	329	9	explaining	explain	VERB
fsr-3399	329	10	the	the	DET
fsr-3399	329	11	turn	turn	VERB
fsr-3399	329	12	-	-	PUNCT
fsr-3399	329	13	of	of	ADP
fsr-3399	329	14	-	-	PUNCT
fsr-3399	329	15	the	the	DET
fsr-3399	329	16	-	-	PUNCT
fsr-3399	329	17	month	month	NOUN
fsr-3399	329	18	effect	effect	NOUN
fsr-3399	329	19	.	.	PUNCT
fsr-3399	330	1	financial	financial	ADJ
fsr-3399	330	2	services	service	NOUN
fsr-3399	330	3	review	review	PROPN
fsr-3399	330	4	,	,	PUNCT
fsr-3399	330	5	24	24	NUM
fsr-3399	330	6	,	,	PUNCT
fsr-3399	330	7	271–288	271–288	NUM
fsr-3399	330	8	.	.	PUNCT
fsr-3399	331	1	coval	coval	PROPN
fsr-3399	331	2	,	,	PUNCT
fsr-3399	331	3	j.	j.	PROPN
fsr-3399	331	4	,	,	PUNCT
fsr-3399	331	5	&	&	CCONJ
fsr-3399	331	6	moskowitz	moskowitz	PROPN
fsr-3399	331	7	,	,	PUNCT
fsr-3399	331	8	t.	t.	PROPN
fsr-3399	331	9	(	(	PUNCT
fsr-3399	331	10	1999	1999	NUM
fsr-3399	331	11	)	)	PUNCT
fsr-3399	331	12	.	.	PUNCT
fsr-3399	332	1	home	home	NOUN
fsr-3399	332	2	bias	bias	NOUN
fsr-3399	332	3	at	at	ADP
fsr-3399	332	4	home	home	NOUN
fsr-3399	332	5	:	:	PUNCT
fsr-3399	332	6	local	local	ADJ
fsr-3399	332	7	equity	equity	NOUN
fsr-3399	332	8	preference	preference	NOUN
fsr-3399	332	9	in	in	ADP
fsr-3399	332	10	domestic	domestic	ADJ
fsr-3399	332	11	portfolios	portfolio	NOUN
fsr-3399	332	12	.	.	PUNCT
fsr-3399	333	1	journal	journal	NOUN
fsr-3399	333	2	of	of	ADP
fsr-3399	333	3	finance	finance	NOUN
fsr-3399	333	4	,	,	PUNCT
fsr-3399	333	5	54	54	NUM
fsr-3399	333	6	,	,	PUNCT
fsr-3399	333	7	2045–2073	2045–2073	NUM
fsr-3399	333	8	.	.	PUNCT
fsr-3399	334	1	derrick	derrick	PROPN
fsr-3399	334	2	,	,	PUNCT
fsr-3399	334	3	b.	b.	PROPN
fsr-3399	334	4	,	,	PUNCT
fsr-3399	334	5	&	&	CCONJ
fsr-3399	334	6	white	white	PROPN
fsr-3399	334	7	,	,	PUNCT
fsr-3399	334	8	p.	p.	NOUN
fsr-3399	334	9	(	(	PUNCT
fsr-3399	334	10	2017	2017	NUM
fsr-3399	334	11	)	)	PUNCT
fsr-3399	334	12	.	.	PUNCT
fsr-3399	335	1	comparing	compare	VERB
fsr-3399	335	2	two	two	NUM
fsr-3399	335	3	samples	sample	NOUN
fsr-3399	335	4	from	from	ADP
fsr-3399	335	5	an	an	DET
fsr-3399	335	6	individual	individual	ADJ
fsr-3399	335	7	likert	likert	ADJ
fsr-3399	335	8	question	question	NOUN
fsr-3399	335	9	.	.	PUNCT
fsr-3399	336	1	international	international	ADJ
fsr-3399	336	2	journal	journal	NOUN
fsr-3399	336	3	of	of	ADP
fsr-3399	336	4	mathematics	mathematic	NOUN
fsr-3399	336	5	and	and	CCONJ
fsr-3399	336	6	statistics	statistic	NOUN
fsr-3399	336	7	,	,	PUNCT
fsr-3399	336	8	18	18	NUM
fsr-3399	336	9	,	,	PUNCT
fsr-3399	336	10	1–13	1–13	NOUN
fsr-3399	336	11	.	.	PUNCT
fsr-3399	337	1	dichtl	dichtl	PROPN
fsr-3399	337	2	,	,	PUNCT
fsr-3399	337	3	h.	h.	PROPN
fsr-3399	337	4	,	,	PUNCT
fsr-3399	337	5	&	&	CCONJ
fsr-3399	337	6	drobetz	drobetz	PROPN
fsr-3399	337	7	,	,	PUNCT
fsr-3399	337	8	w.	w.	PROPN
fsr-3399	337	9	(	(	PUNCT
fsr-3399	337	10	2015	2015	NUM
fsr-3399	337	11	)	)	PUNCT
fsr-3399	337	12	.	.	PUNCT
fsr-3399	338	1	sell	sell	VERB
fsr-3399	338	2	in	in	ADP
fsr-3399	338	3	may	may	PROPN
fsr-3399	338	4	and	and	CCONJ
fsr-3399	338	5	go	go	VERB
fsr-3399	338	6	away	away	ADV
fsr-3399	338	7	:	:	PUNCT
fsr-3399	338	8	still	still	ADV
fsr-3399	338	9	good	good	ADJ
fsr-3399	338	10	advice	advice	NOUN
fsr-3399	338	11	for	for	ADP
fsr-3399	338	12	investors	investor	NOUN
fsr-3399	338	13	?	?	PUNCT
fsr-3399	339	1	international	international	ADJ
fsr-3399	339	2	review	review	NOUN
fsr-3399	339	3	of	of	ADP
fsr-3399	339	4	financial	financial	ADJ
fsr-3399	339	5	analysis	analysis	NOUN
fsr-3399	339	6	,	,	PUNCT
fsr-3399	339	7	38	38	NUM
fsr-3399	339	8	,	,	PUNCT
fsr-3399	339	9	29–43	29–43	NUM
fsr-3399	339	10	.	.	PUNCT
fsr-3399	340	1	fama	fama	PROPN
fsr-3399	340	2	,	,	PUNCT
fsr-3399	340	3	e.	e.	PROPN
fsr-3399	340	4	(	(	PUNCT
fsr-3399	340	5	1970	1970	NUM
fsr-3399	340	6	)	)	PUNCT
fsr-3399	340	7	.	.	PUNCT
fsr-3399	341	1	efficient	efficient	ADJ
fsr-3399	341	2	capital	capital	NOUN
fsr-3399	341	3	markets	market	NOUN
fsr-3399	341	4	:	:	PUNCT
fsr-3399	341	5	a	a	DET
fsr-3399	341	6	review	review	NOUN
fsr-3399	341	7	of	of	ADP
fsr-3399	341	8	theory	theory	NOUN
fsr-3399	341	9	and	and	CCONJ
fsr-3399	341	10	empirical	empirical	ADJ
fsr-3399	341	11	work	work	NOUN
fsr-3399	341	12	.	.	PUNCT
fsr-3399	342	1	journal	journal	PROPN
fsr-3399	342	2	of	of	ADP
fsr-3399	342	3	finance	finance	NOUN
fsr-3399	342	4	,	,	PUNCT
fsr-3399	342	5	25	25	NUM
fsr-3399	342	6	,	,	PUNCT
fsr-3399	342	7	383–417	383–417	NUM
fsr-3399	342	8	.	.	PUNCT
fsr-3399	343	1	fidelity	fidelity	PROPN
fsr-3399	343	2	investments	investment	NOUN
fsr-3399	343	3	.	.	PUNCT
fsr-3399	344	1	(	(	PUNCT
fsr-3399	344	2	2016	2016	NUM
fsr-3399	344	3	)	)	PUNCT
fsr-3399	344	4	.	.	PUNCT
fsr-3399	345	1	fidelity	fidelity	PROPN
fsr-3399	345	2	mutual	mutual	ADJ
fsr-3399	345	3	funds	fund	NOUN
fsr-3399	345	4	.	.	PUNCT
fsr-3399	346	1	(	(	PUNCT
fsr-3399	346	2	available	available	ADJ
fsr-3399	346	3	at	at	ADP
fsr-3399	346	4	https://fidelity.com/viewpoints/active-trader/	https://fidelity.com/viewpoints/active-trader/	PROPN
fsr-3399	346	5	sell	sell	VERB
fsr-3399	346	6	-	-	PUNCT
fsr-3399	346	7	in	in	ADP
fsr-3399	346	8	-	-	PUNCT
fsr-3399	346	9	may	may	NOUN
fsr-3399	346	10	)	)	PUNCT
fsr-3399	346	11	.	.	PUNCT
fsr-3399	347	1	harvey	harvey	PROPN
fsr-3399	347	2	,	,	PUNCT
fsr-3399	347	3	c.	c.	PROPN
fsr-3399	347	4	,	,	PUNCT
fsr-3399	347	5	liu	liu	PROPN
fsr-3399	347	6	,	,	PUNCT
fsr-3399	347	7	y.	y.	PROPN
fsr-3399	347	8	,	,	PUNCT
fsr-3399	347	9	&	&	CCONJ
fsr-3399	347	10	heqing	heqing	PROPN
fsr-3399	347	11	,	,	PUNCT
fsr-3399	347	12	z.	z.	PROPN
fsr-3399	347	13	(	(	PUNCT
fsr-3399	347	14	2016	2016	NUM
fsr-3399	347	15	)	)	PUNCT
fsr-3399	347	16	.	.	PUNCT
fsr-3399	348	1	…	…	PUNCT
fsr-3399	348	2	and	and	CCONJ
fsr-3399	348	3	the	the	DET
fsr-3399	348	4	cross	cross	NOUN
fsr-3399	348	5	-	-	NOUN
fsr-3399	348	6	section	section	NOUN
fsr-3399	348	7	of	of	ADP
fsr-3399	348	8	expected	expect	VERB
fsr-3399	348	9	returns	return	NOUN
fsr-3399	348	10	.	.	PUNCT
fsr-3399	349	1	review	review	NOUN
fsr-3399	349	2	of	of	ADP
fsr-3399	349	3	financial	financial	ADJ
fsr-3399	349	4	studies	study	NOUN
fsr-3399	349	5	,	,	PUNCT
fsr-3399	349	6	29	29	NUM
fsr-3399	349	7	,	,	PUNCT
fsr-3399	349	8	5–68	5–68	PROPN
fsr-3399	349	9	.	.	PUNCT
fsr-3399	349	10	higgins	higgins	PROPN
fsr-3399	349	11	,	,	PUNCT
fsr-3399	349	12	e.	e.	PROPN
fsr-3399	349	13	j.	j.	PROPN
fsr-3399	349	14	,	,	PUNCT
fsr-3399	349	15	&	&	CCONJ
fsr-3399	349	16	peterson	peterson	PROPN
fsr-3399	349	17	,	,	PUNCT
fsr-3399	349	18	d.	d.	PROPN
fsr-3399	349	19	r.	r.	PROPN
fsr-3399	349	20	(	(	PUNCT
fsr-3399	349	21	1998	1998	NUM
fsr-3399	349	22	)	)	PUNCT
fsr-3399	349	23	.	.	PUNCT
fsr-3399	350	1	the	the	DET
fsr-3399	350	2	power	power	NOUN
fsr-3399	350	3	of	of	ADP
fsr-3399	350	4	one	one	NUM
fsr-3399	350	5	and	and	CCONJ
fsr-3399	350	6	two	two	NUM
fsr-3399	350	7	-	-	PUNCT
fsr-3399	350	8	sample	sample	NOUN
fsr-3399	350	9	t	t	NOUN
fsr-3399	350	10	statistics	statistic	NOUN
fsr-3399	350	11	given	give	VERB
fsr-3399	350	12	event	event	NOUN
fsr-3399	350	13	-	-	PUNCT
fsr-3399	350	14	induced	induce	VERB
fsr-3399	350	15	variance	variance	NOUN
fsr-3399	350	16	increases	increase	NOUN
fsr-3399	350	17	and	and	CCONJ
fsr-3399	350	18	non	non	ADJ
fsr-3399	350	19	-	-	ADJ
fsr-3399	350	20	normal	normal	ADJ
fsr-3399	350	21	stock	stock	NOUN
fsr-3399	350	22	returns	return	NOUN
fsr-3399	350	23	:	:	PUNCT
fsr-3399	350	24	a	a	DET
fsr-3399	350	25	comparative	comparative	ADJ
fsr-3399	350	26	study	study	NOUN
fsr-3399	350	27	.	.	PUNCT
fsr-3399	351	1	quarterly	quarterly	ADJ
fsr-3399	351	2	journal	journal	NOUN
fsr-3399	351	3	of	of	ADP
fsr-3399	351	4	business	business	NOUN
fsr-3399	351	5	and	and	CCONJ
fsr-3399	351	6	economics	economic	NOUN
fsr-3399	351	7	,	,	PUNCT
fsr-3399	351	8	37	37	NUM
fsr-3399	351	9	,	,	PUNCT
fsr-3399	351	10	27–49	27–49	NUM
fsr-3399	351	11	.	.	PUNCT
fsr-3399	352	1	hirsch	hirsch	PROPN
fsr-3399	352	2	,	,	PUNCT
fsr-3399	352	3	y.	y.	PROPN
fsr-3399	352	4	(	(	PUNCT
fsr-3399	352	5	1986	1986	NUM
fsr-3399	352	6	)	)	PUNCT
fsr-3399	352	7	.	.	PUNCT
fsr-3399	353	1	stock	stock	PROPN
fsr-3399	353	2	trader	trader	NOUN
fsr-3399	353	3	’s	’s	PART
fsr-3399	353	4	almanac	almanac	NOUN
fsr-3399	353	5	.	.	PUNCT
fsr-3399	354	1	new	new	PROPN
fsr-3399	354	2	york	york	PROPN
fsr-3399	354	3	,	,	PUNCT
fsr-3399	354	4	ny	ny	PROPN
fsr-3399	354	5	:	:	PUNCT
fsr-3399	354	6	reed	reed	NOUN
fsr-3399	354	7	business	business	NOUN
fsr-3399	354	8	information	information	NOUN
fsr-3399	354	9	.	.	PUNCT
fsr-3399	355	1	hirsh	hirsh	ADJ
fsr-3399	355	2	,	,	PUNCT
fsr-3399	355	3	y.	y.	PROPN
fsr-3399	355	4	(	(	PUNCT
fsr-3399	355	5	2016	2016	NUM
fsr-3399	355	6	)	)	PUNCT
fsr-3399	355	7	.	.	PUNCT
fsr-3399	356	1	stock	stock	PROPN
fsr-3399	356	2	trader	trader	NOUN
fsr-3399	356	3	’s	’s	PART
fsr-3399	356	4	almanac	almanac	NOUN
fsr-3399	356	5	.	.	PUNCT
fsr-3399	357	1	new	new	PROPN
fsr-3399	357	2	york	york	PROPN
fsr-3399	357	3	,	,	PUNCT
fsr-3399	357	4	ny	ny	PROPN
fsr-3399	357	5	:	:	PUNCT
fsr-3399	357	6	reed	reed	NOUN
fsr-3399	357	7	business	business	NOUN
fsr-3399	357	8	information	information	NOUN
fsr-3399	357	9	.	.	PUNCT
fsr-3399	358	1	hooke	hooke	PROPN
fsr-3399	358	2	,	,	PUNCT
fsr-3399	358	3	j.	j.	PROPN
fsr-3399	358	4	c.	c.	PROPN
fsr-3399	358	5	(	(	PUNCT
fsr-3399	358	6	2010	2010	NUM
fsr-3399	358	7	)	)	PUNCT
fsr-3399	358	8	.	.	PUNCT
fsr-3399	359	1	security	security	NOUN
fsr-3399	359	2	analysis	analysis	NOUN
fsr-3399	359	3	and	and	CCONJ
fsr-3399	359	4	business	business	NOUN
fsr-3399	359	5	valuations	valuation	NOUN
fsr-3399	359	6	on	on	ADP
fsr-3399	359	7	wall	wall	PROPN
fsr-3399	359	8	street	street	PROPN
fsr-3399	359	9	:	:	PUNCT
fsr-3399	359	10	a	a	DET
fsr-3399	359	11	comprehensive	comprehensive	ADJ
fsr-3399	359	12	guide	guide	NOUN
fsr-3399	359	13	to	to	ADP
fsr-3399	359	14	today	today	NOUN
fsr-3399	359	15	’s	’s	PART
fsr-3399	359	16	valuation	valuation	NOUN
fsr-3399	359	17	methods	method	NOUN
fsr-3399	359	18	(	(	PUNCT
fsr-3399	359	19	2nd	2nd	ADJ
fsr-3399	359	20	.	.	PUNCT
fsr-3399	360	1	ed	ed	NOUN
fsr-3399	360	2	.	.	PUNCT
fsr-3399	360	3	)	)	PUNCT
fsr-3399	360	4	.	.	PUNCT
fsr-3399	361	1	new	new	PROPN
fsr-3399	361	2	york	york	PROPN
fsr-3399	361	3	,	,	PUNCT
fsr-3399	361	4	ny	ny	PROPN
fsr-3399	361	5	:	:	PUNCT
fsr-3399	361	6	wiley	wiley	PROPN
fsr-3399	361	7	ibbotson	ibbotson	PROPN
fsr-3399	361	8	&	&	CCONJ
fsr-3399	361	9	associates	associates	PROPN
fsr-3399	361	10	(	(	PUNCT
fsr-3399	361	11	2018	2018	NUM
fsr-3399	361	12	)	)	PUNCT
fsr-3399	361	13	.	.	PUNCT
fsr-3399	362	1	classic	classic	ADJ
fsr-3399	362	2	yearbook	yearbook	NOUN
fsr-3399	362	3	2018	2018	NUM
fsr-3399	362	4	.	.	PUNCT
fsr-3399	363	1	chicago	chicago	PROPN
fsr-3399	363	2	,	,	PUNCT
fsr-3399	363	3	il	il	PROPN
fsr-3399	363	4	:	:	PROPN
fsr-3399	363	5	morningstar	morningstar	PROPN
fsr-3399	363	6	.	.	PUNCT
fsr-3399	364	1	irwin	irwin	PROPN
fsr-3399	364	2	,	,	PUNCT
fsr-3399	364	3	s.	s.	PROPN
fsr-3399	364	4	,	,	PUNCT
fsr-3399	364	5	&	&	CCONJ
fsr-3399	364	6	park	park	PROPN
fsr-3399	364	7	,	,	PUNCT
fsr-3399	364	8	c	c	PROPN
fsr-3399	364	9	-	-	PUNCT
fsr-3399	364	10	h.	h.	PROPN
fsr-3399	364	11	(	(	PUNCT
fsr-3399	364	12	2007	2007	NUM
fsr-3399	364	13	)	)	PUNCT
fsr-3399	364	14	.	.	PUNCT
fsr-3399	365	1	what	what	PRON
fsr-3399	365	2	do	do	AUX
fsr-3399	365	3	we	we	PRON
fsr-3399	365	4	know	know	VERB
fsr-3399	365	5	about	about	ADP
fsr-3399	365	6	the	the	DET
fsr-3399	365	7	profitability	profitability	NOUN
fsr-3399	365	8	of	of	ADP
fsr-3399	365	9	technical	technical	ADJ
fsr-3399	365	10	analysis	analysis	NOUN
fsr-3399	365	11	?	?	PUNCT
fsr-3399	366	1	journal	journal	NOUN
fsr-3399	366	2	of	of	ADP
fsr-3399	366	3	economic	economic	ADJ
fsr-3399	366	4	surveys	survey	NOUN
fsr-3399	366	5	,	,	PUNCT
fsr-3399	366	6	21	21	NUM
fsr-3399	366	7	,	,	PUNCT
fsr-3399	366	8	786–826	786–826	NUM
fsr-3399	366	9	.	.	PUNCT
fsr-3399	367	1	johnson	johnson	PROPN
fsr-3399	367	2	,	,	PUNCT
fsr-3399	367	3	r.	r.	PROPN
fsr-3399	367	4	m.	m.	PROPN
fsr-3399	367	5	,	,	PUNCT
fsr-3399	367	6	&	&	CCONJ
fsr-3399	367	7	newman	newman	PROPN
fsr-3399	367	8	,	,	PUNCT
fsr-3399	367	9	j.	j.	PROPN
fsr-3399	367	10	a.	a.	PROPN
fsr-3399	367	11	(	(	PUNCT
fsr-3399	367	12	2012	2012	NUM
fsr-3399	367	13	)	)	PUNCT
fsr-3399	367	14	.	.	PUNCT
fsr-3399	368	1	direct	direct	ADJ
fsr-3399	368	2	stock	stock	NOUN
fsr-3399	368	3	purchase	purchase	NOUN
fsr-3399	368	4	plans	plan	NOUN
fsr-3399	368	5	using	use	VERB
fsr-3399	368	6	batch	batch	NOUN
fsr-3399	368	7	trades	trade	NOUN
fsr-3399	368	8	:	:	PUNCT
fsr-3399	368	9	do	do	AUX
fsr-3399	368	10	investors	investor	NOUN
fsr-3399	368	11	buy	buy	VERB
fsr-3399	368	12	high	high	ADJ
fsr-3399	368	13	and	and	CCONJ
fsr-3399	368	14	sell	sell	VERB
fsr-3399	368	15	low	low	ADJ
fsr-3399	368	16	?	?	PUNCT
fsr-3399	369	1	financial	financial	ADJ
fsr-3399	369	2	services	service	NOUN
fsr-3399	369	3	review	review	PROPN
fsr-3399	369	4	,	,	PUNCT
fsr-3399	369	5	21	21	NUM
fsr-3399	369	6	,	,	PUNCT
fsr-3399	369	7	227–237	227–237	NUM
fsr-3399	369	8	.	.	PUNCT
fsr-3399	370	1	jones	jones	PROPN
fsr-3399	370	2	,	,	PUNCT
fsr-3399	370	3	c.	c.	PROPN
fsr-3399	370	4	p.	p.	PROPN
fsr-3399	370	5	,	,	PUNCT
fsr-3399	370	6	&	&	CCONJ
fsr-3399	370	7	lundstrum	lundstrum	PROPN
fsr-3399	370	8	,	,	PUNCT
fsr-3399	370	9	l.	l.	PROPN
fsr-3399	370	10	l.	l.	PROPN
fsr-3399	370	11	(	(	PUNCT
fsr-3399	370	12	2009	2009	NUM
fsr-3399	370	13	)	)	PUNCT
fsr-3399	370	14	.	.	PUNCT
fsr-3399	371	1	is	be	AUX
fsr-3399	371	2	‘	'	PUNCT
fsr-3399	371	3	sell	sell	VERB
fsr-3399	371	4	in	in	ADP
fsr-3399	371	5	may	may	PROPN
fsr-3399	371	6	and	and	CCONJ
fsr-3399	371	7	go	go	VERB
fsr-3399	371	8	away	away	ADV
fsr-3399	371	9	’	'	PUNCT
fsr-3399	371	10	a	a	DET
fsr-3399	371	11	valid	valid	ADJ
fsr-3399	371	12	strategy	strategy	NOUN
fsr-3399	371	13	for	for	ADP
fsr-3399	371	14	u.s	u.s	PROPN
fsr-3399	371	15	.	.	PROPN
fsr-3399	371	16	equity	equity	NOUN
fsr-3399	371	17	allocation	allocation	NOUN
fsr-3399	371	18	?	?	PUNCT
fsr-3399	372	1	the	the	DET
fsr-3399	372	2	journal	journal	NOUN
fsr-3399	372	3	of	of	ADP
fsr-3399	372	4	wealth	wealth	NOUN
fsr-3399	372	5	management	management	NOUN
fsr-3399	372	6	,	,	PUNCT
fsr-3399	372	7	12	12	NUM
fsr-3399	372	8	,	,	PUNCT
fsr-3399	372	9	104–112	104–112	NUM
fsr-3399	372	10	.	.	PUNCT
fsr-3399	373	1	knight	knight	PROPN
fsr-3399	373	2	,	,	PUNCT
fsr-3399	373	3	j.	j.	PROPN
fsr-3399	373	4	r.	r.	PROPN
fsr-3399	373	5	(	(	PUNCT
fsr-3399	373	6	1992	1992	NUM
fsr-3399	373	7	)	)	PUNCT
fsr-3399	373	8	.	.	PUNCT
fsr-3399	374	1	nobody	nobody	PRON
fsr-3399	374	2	gains	gain	VERB
fsr-3399	374	3	from	from	ADP
fsr-3399	374	4	dollar	dollar	NOUN
fsr-3399	374	5	-	-	PUNCT
fsr-3399	374	6	cost	cost	NOUN
fsr-3399	374	7	-	-	PUNCT
fsr-3399	374	8	averaging	averaging	NOUN
fsr-3399	374	9	:	:	PUNCT
fsr-3399	374	10	analytical	analytical	ADJ
fsr-3399	374	11	,	,	PUNCT
fsr-3399	374	12	numerical	numerical	ADJ
fsr-3399	374	13	,	,	PUNCT
fsr-3399	374	14	and	and	CCONJ
fsr-3399	374	15	empirical	empirical	ADJ
fsr-3399	374	16	results	result	NOUN
fsr-3399	374	17	.	.	PUNCT
fsr-3399	375	1	financial	financial	ADJ
fsr-3399	375	2	services	service	NOUN
fsr-3399	375	3	review	review	PROPN
fsr-3399	375	4	,	,	PUNCT
fsr-3399	375	5	2	2	NUM
fsr-3399	375	6	,	,	PUNCT
fsr-3399	375	7	51–61	51–61	NUM
fsr-3399	375	8	.	.	PUNCT
fsr-3399	376	1	kochman	kochman	PROPN
fsr-3399	376	2	,	,	PUNCT
fsr-3399	376	3	l.	l.	PROPN
fsr-3399	376	4	,	,	PUNCT
fsr-3399	376	5	&	&	CCONJ
fsr-3399	376	6	badarinathi	badarinathi	PROPN
fsr-3399	376	7	,	,	PUNCT
fsr-3399	376	8	r.	r.	PROPN
fsr-3399	376	9	(	(	PUNCT
fsr-3399	376	10	2008	2008	NUM
fsr-3399	376	11	)	)	PUNCT
fsr-3399	376	12	.	.	PUNCT
fsr-3399	377	1	the	the	DET
fsr-3399	377	2	halloween	halloween	PROPN
fsr-3399	377	3	effect	effect	NOUN
fsr-3399	377	4	:	:	PUNCT
fsr-3399	377	5	an	an	DET
fsr-3399	377	6	enduring	endure	VERB
fsr-3399	377	7	market	market	NOUN
fsr-3399	377	8	anomaly	anomaly	NOUN
fsr-3399	377	9	.	.	PUNCT
fsr-3399	378	1	finance	finance	PROPN
fsr-3399	378	2	india	india	PROPN
fsr-3399	378	3	,	,	PUNCT
fsr-3399	378	4	22	22	NUM
fsr-3399	378	5	,	,	PUNCT
fsr-3399	378	6	443–446	443–446	NUM
fsr-3399	378	7	.	.	PUNCT
fsr-3399	379	1	kochman	kochman	PROPN
fsr-3399	379	2	,	,	PUNCT
fsr-3399	379	3	l	l	PROPN
fsr-3399	379	4	,	,	PUNCT
fsr-3399	379	5	badarinathi	badarinathi	PROPN
fsr-3399	379	6	,	,	PUNCT
fsr-3399	379	7	r.	r.	PROPN
fsr-3399	379	8	,	,	PUNCT
fsr-3399	379	9	&	&	CCONJ
fsr-3399	379	10	bray	bray	PROPN
fsr-3399	379	11	,	,	PUNCT
fsr-3399	379	12	d.	d.	PROPN
fsr-3399	379	13	(	(	PUNCT
fsr-3399	379	14	2014	2014	NUM
fsr-3399	379	15	)	)	PUNCT
fsr-3399	379	16	.	.	PUNCT
fsr-3399	380	1	sell	sell	VERB
fsr-3399	380	2	in	in	ADP
fsr-3399	380	3	may	may	PROPN
fsr-3399	380	4	and	and	CCONJ
fsr-3399	380	5	go	go	VERB
fsr-3399	380	6	away	away	ADV
fsr-3399	380	7	revisited	revisit	VERB
fsr-3399	380	8	.	.	PUNCT
fsr-3399	381	1	american	american	ADJ
fsr-3399	381	2	economist	economist	NOUN
fsr-3399	381	3	,	,	PUNCT
fsr-3399	381	4	59	59	NUM
fsr-3399	381	5	,	,	PUNCT
fsr-3399	381	6	90–91	90–91	NUM
fsr-3399	381	7	.	.	PUNCT
fsr-3399	382	1	li	li	PROPN
fsr-3399	382	2	,	,	PUNCT
fsr-3399	382	3	m.	m.	NOUN
fsr-3399	382	4	,	,	PUNCT
fsr-3399	382	5	&	&	CCONJ
fsr-3399	382	6	zhao	zhao	PROPN
fsr-3399	382	7	,	,	PUNCT
fsr-3399	382	8	x.	x.	NOUN
fsr-3399	382	9	(	(	PUNCT
fsr-3399	382	10	2016	2016	NUM
fsr-3399	382	11	)	)	PUNCT
fsr-3399	382	12	.	.	PUNCT
fsr-3399	383	1	neighborhood	neighborhood	NOUN
fsr-3399	383	2	effect	effect	NOUN
fsr-3399	383	3	on	on	ADP
fsr-3399	383	4	stock	stock	NOUN
fsr-3399	383	5	price	price	NOUN
fsr-3399	383	6	co	co	NOUN
fsr-3399	383	7	-	-	NOUN
fsr-3399	383	8	movement	movement	NOUN
fsr-3399	383	9	.	.	PUNCT
fsr-3399	384	1	north	north	PROPN
fsr-3399	384	2	american	american	PROPN
fsr-3399	384	3	journal	journal	PROPN
fsr-3399	384	4	of	of	ADP
fsr-3399	384	5	economics	economic	NOUN
fsr-3399	384	6	and	and	CCONJ
fsr-3399	384	7	finance	finance	NOUN
fsr-3399	384	8	,	,	PUNCT
fsr-3399	384	9	35	35	NUM
fsr-3399	384	10	,	,	PUNCT
fsr-3399	384	11	1–22	1–22	NOUN
fsr-3399	384	12	.	.	PUNCT
fsr-3399	385	1	lo	lo	PROPN
fsr-3399	385	2	,	,	PUNCT
fsr-3399	385	3	a.	a.	PROPN
fsr-3399	385	4	w.	w.	PROPN
fsr-3399	385	5	(	(	PUNCT
fsr-3399	385	6	2017	2017	NUM
fsr-3399	385	7	)	)	PUNCT
fsr-3399	385	8	.	.	PUNCT
fsr-3399	386	1	adaptive	adaptive	ADJ
fsr-3399	386	2	markets	market	NOUN
fsr-3399	386	3	:	:	PUNCT
fsr-3399	386	4	financial	financial	ADJ
fsr-3399	386	5	evolution	evolution	NOUN
fsr-3399	386	6	at	at	ADP
fsr-3399	386	7	the	the	DET
fsr-3399	386	8	speed	speed	NOUN
fsr-3399	386	9	of	of	ADP
fsr-3399	386	10	thought	thought	NOUN
fsr-3399	386	11	.	.	PUNCT
fsr-3399	387	1	princeton	princeton	PROPN
fsr-3399	387	2	,	,	PUNCT
fsr-3399	387	3	nj	nj	PROPN
fsr-3399	387	4	:	:	PUNCT
fsr-3399	387	5	princeton	princeton	PROPN
fsr-3399	387	6	university	university	PROPN
fsr-3399	387	7	press	press	NOUN
fsr-3399	387	8	.	.	PUNCT
fsr-3399	388	1	321a	321a	PROPN
fsr-3399	388	2	.	.	PUNCT
fsr-3399	389	1	loviscek	loviscek	NOUN
fsr-3399	389	2	,	,	PUNCT
fsr-3399	389	3	a.	a.	NOUN
fsr-3399	389	4	broder	broder	PROPN
fsr-3399	389	5	/	/	SYM
fsr-3399	389	6	financial	financial	ADJ
fsr-3399	389	7	services	service	NOUN
fsr-3399	389	8	review	review	VERB
fsr-3399	389	9	27	27	NUM
fsr-3399	389	10	(	(	PUNCT
fsr-3399	389	11	2018	2018	NUM
fsr-3399	389	12	)	)	PUNCT
fsr-3399	389	13	303	303	NUM
fsr-3399	389	14	-	-	SYM
fsr-3399	389	15	322	322	NUM
fsr-3399	389	16	lucey	lucey	PROPN
fsr-3399	389	17	,	,	PUNCT
fsr-3399	389	18	b.	b.	PROPN
fsr-3399	389	19	m.	m.	PROPN
fsr-3399	389	20	,	,	PUNCT
fsr-3399	389	21	&	&	CCONJ
fsr-3399	389	22	zhao	zhao	PROPN
fsr-3399	389	23	,	,	PUNCT
fsr-3399	389	24	s.	s.	PROPN
fsr-3399	389	25	(	(	PUNCT
fsr-3399	389	26	2008	2008	NUM
fsr-3399	389	27	)	)	PUNCT
fsr-3399	389	28	.	.	PUNCT
fsr-3399	390	1	halloween	halloween	PROPN
fsr-3399	390	2	or	or	CCONJ
fsr-3399	390	3	january	january	PROPN
fsr-3399	390	4	?	?	PUNCT
fsr-3399	391	1	yet	yet	CCONJ
fsr-3399	391	2	another	another	DET
fsr-3399	391	3	puzzle	puzzle	NOUN
fsr-3399	391	4	.	.	PUNCT
fsr-3399	392	1	international	international	ADJ
fsr-3399	392	2	review	review	NOUN
fsr-3399	392	3	of	of	ADP
fsr-3399	392	4	financial	financial	ADJ
fsr-3399	392	5	analysis	analysis	NOUN
fsr-3399	392	6	,	,	PUNCT
fsr-3399	392	7	17	17	NUM
fsr-3399	392	8	,	,	PUNCT
fsr-3399	392	9	73–101	73–101	PROPN
fsr-3399	392	10	.	.	PUNCT
fsr-3399	393	1	maberly	maberly	ADV
fsr-3399	393	2	,	,	PUNCT
fsr-3399	393	3	e.	e.	PROPN
fsr-3399	393	4	d.	d.	PROPN
fsr-3399	393	5	,	,	PUNCT
fsr-3399	393	6	&	&	CCONJ
fsr-3399	393	7	pierce	pierce	PROPN
fsr-3399	393	8	,	,	PUNCT
fsr-3399	393	9	r.	r.	PROPN
fsr-3399	393	10	m.	m.	PROPN
fsr-3399	393	11	(	(	PUNCT
fsr-3399	393	12	2004	2004	NUM
fsr-3399	393	13	)	)	PUNCT
fsr-3399	393	14	.	.	PUNCT
fsr-3399	394	1	stock	stock	NOUN
fsr-3399	394	2	market	market	NOUN
fsr-3399	394	3	efficiency	efficiency	NOUN
fsr-3399	394	4	withstands	withstand	VERB
fsr-3399	394	5	another	another	DET
fsr-3399	394	6	challenge	challenge	NOUN
fsr-3399	394	7	:	:	PUNCT
fsr-3399	394	8	solving	solve	VERB
fsr-3399	394	9	the	the	DET
fsr-3399	394	10	“	"	PUNCT
fsr-3399	394	11	sell	sell	NOUN
fsr-3399	394	12	in	in	ADP
fsr-3399	394	13	may	may	AUX
fsr-3399	394	14	/	/	SYM
fsr-3399	394	15	buy	buy	VERB
fsr-3399	394	16	after	after	ADP
fsr-3399	394	17	halloween	halloween	NOUN
fsr-3399	394	18	”	"	PUNCT
fsr-3399	394	19	puzzle	puzzle	NOUN
fsr-3399	394	20	.	.	PUNCT
fsr-3399	395	1	economic	economic	ADJ
fsr-3399	395	2	journal	journal	PROPN
fsr-3399	395	3	watch	watch	PROPN
fsr-3399	395	4	,	,	PUNCT
fsr-3399	395	5	1	1	NUM
fsr-3399	395	6	,	,	PUNCT
fsr-3399	395	7	29–46	29–46	NUM
fsr-3399	395	8	.	.	PUNCT
fsr-3399	396	1	malkiel	malkiel	PROPN
fsr-3399	396	2	,	,	PUNCT
fsr-3399	396	3	b.	b.	PROPN
fsr-3399	396	4	j.	j.	PROPN
fsr-3399	396	5	(	(	PUNCT
fsr-3399	396	6	1995	1995	NUM
fsr-3399	396	7	)	)	PUNCT
fsr-3399	396	8	.	.	PUNCT
fsr-3399	397	1	returns	return	NOUN
fsr-3399	397	2	from	from	ADP
fsr-3399	397	3	investing	invest	VERB
fsr-3399	397	4	in	in	ADP
fsr-3399	397	5	equity	equity	NOUN
fsr-3399	397	6	mutual	mutual	ADJ
fsr-3399	397	7	funds	fund	NOUN
fsr-3399	397	8	1971	1971	NUM
fsr-3399	397	9	to	to	ADP
fsr-3399	397	10	1991	1991	NUM
fsr-3399	397	11	.	.	PUNCT
fsr-3399	398	1	journal	journal	NOUN
fsr-3399	398	2	of	of	ADP
fsr-3399	398	3	finance	finance	NOUN
fsr-3399	398	4	,	,	PUNCT
fsr-3399	398	5	50	50	NUM
fsr-3399	398	6	,	,	PUNCT
fsr-3399	398	7	549–572	549–572	NUM
fsr-3399	398	8	.	.	PUNCT
fsr-3399	398	9	malkiel	malkiel	PROPN
fsr-3399	398	10	,	,	PUNCT
fsr-3399	398	11	b.	b.	PROPN
fsr-3399	398	12	j.	j.	PROPN
fsr-3399	398	13	(	(	PUNCT
fsr-3399	398	14	2015	2015	NUM
fsr-3399	398	15	)	)	PUNCT
fsr-3399	398	16	.	.	PUNCT
fsr-3399	399	1	a	a	DET
fsr-3399	399	2	random	random	ADJ
fsr-3399	399	3	walk	walk	NOUN
fsr-3399	399	4	down	down	ADP
fsr-3399	399	5	wall	wall	PROPN
fsr-3399	399	6	street	street	PROPN
fsr-3399	399	7	(	(	PUNCT
fsr-3399	399	8	11th	11th	ADJ
fsr-3399	399	9	ed	ed	NOUN
fsr-3399	399	10	.	.	PUNCT
fsr-3399	399	11	)	)	PUNCT
fsr-3399	399	12	.	.	PUNCT
fsr-3399	400	1	new	new	PROPN
fsr-3399	400	2	york	york	PROPN
fsr-3399	400	3	,	,	PUNCT
fsr-3399	400	4	ny	ny	PROPN
fsr-3399	400	5	:	:	PUNCT
fsr-3399	400	6	w.w	w.w	PROPN
fsr-3399	400	7	.	.	PROPN
fsr-3399	400	8	norton	norton	PROPN
fsr-3399	400	9	.	.	PUNCT
fsr-3399	401	1	mann	mann	PROPN
fsr-3399	401	2	,	,	PUNCT
fsr-3399	401	3	s.	s.	PROPN
fsr-3399	401	4	v.	v.	PROPN
fsr-3399	401	5	,	,	PUNCT
fsr-3399	401	6	&	&	CCONJ
fsr-3399	401	7	solberg	solberg	PROPN
fsr-3399	401	8	,	,	PUNCT
fsr-3399	401	9	d.	d.	PROPN
fsr-3399	401	10	(	(	PUNCT
fsr-3399	401	11	1991	1991	NUM
fsr-3399	401	12	)	)	PUNCT
fsr-3399	401	13	.	.	PUNCT
fsr-3399	402	1	should	should	AUX
fsr-3399	402	2	individual	individual	ADJ
fsr-3399	402	3	investors	investor	NOUN
fsr-3399	402	4	avoid	avoid	VERB
fsr-3399	402	5	the	the	DET
fsr-3399	402	6	stock	stock	NOUN
fsr-3399	402	7	market	market	NOUN
fsr-3399	402	8	outside	outside	ADP
fsr-3399	402	9	of	of	ADP
fsr-3399	402	10	january	january	PROPN
fsr-3399	402	11	?	?	PUNCT
fsr-3399	403	1	financial	financial	ADJ
fsr-3399	403	2	services	service	NOUN
fsr-3399	403	3	review	review	PROPN
fsr-3399	403	4	,	,	PUNCT
fsr-3399	403	5	1	1	NUM
fsr-3399	403	6	,	,	PUNCT
fsr-3399	403	7	101–108	101–108	NUM
fsr-3399	403	8	.	.	PUNCT
fsr-3399	404	1	poterba	poterba	NOUN
fsr-3399	404	2	,	,	PUNCT
fsr-3399	404	3	j.	j.	PROPN
fsr-3399	404	4	m.	m.	PROPN
fsr-3399	404	5	,	,	PUNCT
fsr-3399	404	6	&	&	CCONJ
fsr-3399	404	7	summers	summers	PROPN
fsr-3399	404	8	,	,	PUNCT
fsr-3399	404	9	l.	l.	PROPN
fsr-3399	404	10	(	(	PUNCT
fsr-3399	404	11	1987	1987	NUM
fsr-3399	404	12	)	)	PUNCT
fsr-3399	404	13	.	.	PUNCT
fsr-3399	405	1	mean	mean	VERB
fsr-3399	405	2	reversion	reversion	NOUN
fsr-3399	405	3	in	in	ADP
fsr-3399	405	4	stock	stock	NOUN
fsr-3399	405	5	prices	price	NOUN
fsr-3399	405	6	:	:	PUNCT
fsr-3399	405	7	evidence	evidence	NOUN
fsr-3399	405	8	and	and	CCONJ
fsr-3399	405	9	implications	implication	NOUN
fsr-3399	405	10	.	.	PUNCT
fsr-3399	406	1	journal	journal	NOUN
fsr-3399	406	2	of	of	ADP
fsr-3399	406	3	financial	financial	ADJ
fsr-3399	406	4	economics	economic	NOUN
fsr-3399	406	5	,	,	PUNCT
fsr-3399	406	6	22	22	NUM
fsr-3399	406	7	,	,	PUNCT
fsr-3399	406	8	27–59	27–59	NUM
fsr-3399	406	9	.	.	PUNCT
fsr-3399	407	1	prentis	prentis	PROPN
fsr-3399	407	2	,	,	PUNCT
fsr-3399	407	3	e.	e.	PROPN
fsr-3399	407	4	l.	l.	PROPN
fsr-3399	407	5	(	(	PUNCT
fsr-3399	407	6	2011	2011	NUM
fsr-3399	407	7	)	)	PUNCT
fsr-3399	407	8	.	.	PUNCT
fsr-3399	408	1	evidence	evidence	NOUN
fsr-3399	408	2	on	on	ADP
fsr-3399	408	3	a	a	DET
fsr-3399	408	4	new	new	ADJ
fsr-3399	408	5	stock	stock	NOUN
fsr-3399	408	6	trading	trading	NOUN
fsr-3399	408	7	rule	rule	NOUN
fsr-3399	408	8	that	that	PRON
fsr-3399	408	9	produces	produce	VERB
fsr-3399	408	10	higher	high	ADJ
fsr-3399	408	11	returns	return	NOUN
fsr-3399	408	12	with	with	ADP
fsr-3399	408	13	lower	low	ADJ
fsr-3399	408	14	risk	risk	NOUN
fsr-3399	408	15	.	.	PUNCT
fsr-3399	409	1	international	international	ADJ
fsr-3399	409	2	journal	journal	PROPN
fsr-3399	409	3	of	of	ADP
fsr-3399	409	4	economics	economic	NOUN
fsr-3399	409	5	and	and	CCONJ
fsr-3399	409	6	finance	finance	NOUN
fsr-3399	409	7	,	,	PUNCT
fsr-3399	409	8	3	3	NUM
fsr-3399	409	9	,	,	PUNCT
fsr-3399	409	10	92–104	92–104	PROPN
fsr-3399	409	11	.	.	PUNCT
fsr-3399	410	1	radcliffe	radcliffe	PROPN
fsr-3399	410	2	,	,	PUNCT
fsr-3399	410	3	r.	r.	PROPN
fsr-3399	410	4	(	(	PUNCT
fsr-3399	410	5	1992	1992	NUM
fsr-3399	410	6	)	)	PUNCT
fsr-3399	410	7	.	.	PUNCT
fsr-3399	411	1	active	active	ADJ
fsr-3399	411	2	trading	trading	NOUN
fsr-3399	411	3	decisions	decision	NOUN
fsr-3399	411	4	of	of	ADP
fsr-3399	411	5	equity	equity	NOUN
fsr-3399	411	6	mutual	mutual	ADJ
fsr-3399	411	7	funds	fund	NOUN
fsr-3399	411	8	.	.	PUNCT
fsr-3399	412	1	financial	financial	ADJ
fsr-3399	412	2	services	service	NOUN
fsr-3399	412	3	review	review	PROPN
fsr-3399	412	4	,	,	PUNCT
fsr-3399	412	5	2	2	NUM
fsr-3399	412	6	,	,	PUNCT
fsr-3399	412	7	21–39	21–39	NUM
fsr-3399	412	8	.	.	PUNCT
fsr-3399	413	1	schleifer	schleifer	PROPN
fsr-3399	413	2	,	,	PUNCT
fsr-3399	413	3	a.	a.	NOUN
fsr-3399	413	4	,	,	PUNCT
fsr-3399	413	5	&	&	CCONJ
fsr-3399	413	6	vishny	vishny	PROPN
fsr-3399	413	7	,	,	PUNCT
fsr-3399	413	8	r.	r.	PROPN
fsr-3399	413	9	(	(	PUNCT
fsr-3399	413	10	1997	1997	NUM
fsr-3399	413	11	)	)	PUNCT
fsr-3399	413	12	.	.	PUNCT
fsr-3399	414	1	the	the	DET
fsr-3399	414	2	limits	limit	NOUN
fsr-3399	414	3	of	of	ADP
fsr-3399	414	4	arbitrage	arbitrage	NOUN
fsr-3399	414	5	.	.	PUNCT
fsr-3399	415	1	journal	journal	PROPN
fsr-3399	415	2	of	of	ADP
fsr-3399	415	3	finance	finance	NOUN
fsr-3399	415	4	,	,	PUNCT
fsr-3399	415	5	52	52	NUM
fsr-3399	415	6	,	,	PUNCT
fsr-3399	415	7	35–55	35–55	NUM
fsr-3399	415	8	.	.	PUNCT
fsr-3399	416	1	sewell	sewell	PROPN
fsr-3399	416	2	,	,	PUNCT
fsr-3399	416	3	m.	m.	NOUN
fsr-3399	416	4	(	(	PUNCT
fsr-3399	416	5	2012	2012	NUM
fsr-3399	416	6	)	)	PUNCT
fsr-3399	416	7	.	.	PUNCT
fsr-3399	417	1	the	the	DET
fsr-3399	417	2	efficient	efficient	ADJ
fsr-3399	417	3	market	market	NOUN
fsr-3399	417	4	hypothesis	hypothesis	NOUN
fsr-3399	417	5	:	:	PUNCT
fsr-3399	417	6	empirical	empirical	ADJ
fsr-3399	417	7	evidence	evidence	NOUN
fsr-3399	417	8	.	.	PUNCT
fsr-3399	418	1	international	international	ADJ
fsr-3399	418	2	journal	journal	PROPN
fsr-3399	418	3	of	of	ADP
fsr-3399	418	4	statistics	statistic	NOUN
fsr-3399	418	5	and	and	CCONJ
fsr-3399	418	6	probability	probability	NOUN
fsr-3399	418	7	,	,	PUNCT
fsr-3399	418	8	1	1	NUM
fsr-3399	418	9	,	,	PUNCT
fsr-3399	418	10	164–178	164–178	NUM
fsr-3399	418	11	.	.	PUNCT
fsr-3399	419	1	shilling	shilling	NOUN
fsr-3399	419	2	,	,	PUNCT
fsr-3399	419	3	a.	a.	NOUN
fsr-3399	419	4	g.	g.	PROPN
fsr-3399	419	5	(	(	PUNCT
fsr-3399	419	6	1993	1993	NUM
fsr-3399	419	7	)	)	PUNCT
fsr-3399	419	8	.	.	PUNCT
fsr-3399	420	1	markets	market	NOUN
fsr-3399	420	2	can	can	AUX
fsr-3399	420	3	remain	remain	VERB
fsr-3399	420	4	irrational	irrational	ADJ
fsr-3399	420	5	a	a	DET
fsr-3399	420	6	lot	lot	NOUN
fsr-3399	420	7	longer	long	ADV
fsr-3399	420	8	than	than	ADP
fsr-3399	420	9	you	you	PRON
fsr-3399	420	10	and	and	CCONJ
fsr-3399	420	11	i	i	PRON
fsr-3399	420	12	can	can	AUX
fsr-3399	420	13	remain	remain	VERB
fsr-3399	420	14	solvent	solvent	ADJ
fsr-3399	420	15	.	.	PUNCT
fsr-3399	421	1	(	(	PUNCT
fsr-3399	421	2	quote	quote	INTJ
fsr-3399	421	3	from	from	ADP
fsr-3399	421	4	j.m	j.m	PROPN
fsr-3399	421	5	.	.	PROPN
fsr-3399	421	6	keynes	keynes	PROPN
fsr-3399	421	7	,	,	PUNCT
fsr-3399	421	8	1920	1920	NUM
fsr-3399	421	9	)	)	PUNCT
fsr-3399	421	10	forbes	forbes	PROPN
fsr-3399	421	11	,	,	PUNCT
fsr-3399	421	12	151	151	NUM
fsr-3399	421	13	,	,	PUNCT
fsr-3399	421	14	236	236	NUM
fsr-3399	421	15	.	.	PUNCT
fsr-3399	422	1	smith	smith	PROPN
fsr-3399	422	2	-	-	PUNCT
fsr-3399	422	3	hwang	hwang	PROPN
fsr-3399	422	4	,	,	PUNCT
fsr-3399	422	5	m.	m.	NOUN
fsr-3399	422	6	,	,	PUNCT
fsr-3399	422	7	&	&	CCONJ
fsr-3399	422	8	smith	smith	PROPN
fsr-3399	422	9	,	,	PUNCT
fsr-3399	422	10	g.	g.	PROPN
fsr-3399	422	11	(	(	PUNCT
fsr-3399	422	12	2008	2008	NUM
fsr-3399	422	13	)	)	PUNCT
fsr-3399	422	14	.	.	PUNCT
fsr-3399	423	1	harvesting	harvesting	NOUN
fsr-3399	423	2	capital	capital	NOUN
fsr-3399	423	3	gains	gain	NOUN
fsr-3399	423	4	and	and	CCONJ
fsr-3399	423	5	losses	loss	NOUN
fsr-3399	423	6	.	.	PUNCT
fsr-3399	424	1	financial	financial	ADJ
fsr-3399	424	2	services	service	NOUN
fsr-3399	424	3	review	review	PROPN
fsr-3399	424	4	,	,	PUNCT
fsr-3399	424	5	17	17	NUM
fsr-3399	424	6	,	,	PUNCT
fsr-3399	424	7	309–321	309–321	NUM
fsr-3399	424	8	.	.	PUNCT
fsr-3399	425	1	smith	smith	PROPN
fsr-3399	425	2	,	,	PUNCT
fsr-3399	425	3	g.	g.	PROPN
fsr-3399	425	4	(	(	PUNCT
fsr-3399	425	5	2016	2016	NUM
fsr-3399	425	6	)	)	PUNCT
fsr-3399	425	7	.	.	PUNCT
fsr-3399	426	1	great	great	ADJ
fsr-3399	426	2	company	company	NOUN
fsr-3399	426	3	,	,	PUNCT
fsr-3399	426	4	great	great	ADJ
fsr-3399	426	5	investment	investment	NOUN
fsr-3399	426	6	returns	return	NOUN
fsr-3399	426	7	revisited	revisit	VERB
fsr-3399	426	8	.	.	PUNCT
fsr-3399	427	1	journal	journal	NOUN
fsr-3399	427	2	of	of	ADP
fsr-3399	427	3	wealth	wealth	NOUN
fsr-3399	427	4	management	management	NOUN
fsr-3399	427	5	,	,	PUNCT
fsr-3399	427	6	19	19	NUM
fsr-3399	427	7	,	,	PUNCT
fsr-3399	427	8	34–39	34–39	NUM
fsr-3399	427	9	.	.	PUNCT
fsr-3399	428	1	sullivan	sullivan	PROPN
fsr-3399	428	2	,	,	PUNCT
fsr-3399	428	3	r.	r.	PROPN
fsr-3399	428	4	,	,	PUNCT
fsr-3399	428	5	timmermann	timmermann	PROPN
fsr-3399	428	6	,	,	PUNCT
fsr-3399	428	7	a.	a.	NOUN
fsr-3399	428	8	,	,	PUNCT
fsr-3399	428	9	&	&	CCONJ
fsr-3399	428	10	white	white	PROPN
fsr-3399	428	11	,	,	PUNCT
fsr-3399	428	12	h.	h.	PROPN
fsr-3399	428	13	(	(	PUNCT
fsr-3399	428	14	2001	2001	NUM
fsr-3399	428	15	)	)	PUNCT
fsr-3399	428	16	.	.	PUNCT
fsr-3399	429	1	dangers	danger	NOUN
fsr-3399	429	2	of	of	ADP
fsr-3399	429	3	data	datum	NOUN
fsr-3399	429	4	mining	mining	NOUN
fsr-3399	429	5	:	:	PUNCT
fsr-3399	429	6	the	the	DET
fsr-3399	429	7	case	case	NOUN
fsr-3399	429	8	of	of	ADP
fsr-3399	429	9	calendar	calendar	NOUN
fsr-3399	429	10	effects	effect	NOUN
fsr-3399	429	11	in	in	ADP
fsr-3399	429	12	stock	stock	NOUN
fsr-3399	429	13	returns	return	NOUN
fsr-3399	429	14	.	.	PUNCT
fsr-3399	430	1	journal	journal	NOUN
fsr-3399	430	2	of	of	ADP
fsr-3399	430	3	econometrics	econometric	NOUN
fsr-3399	430	4	,	,	PUNCT
fsr-3399	430	5	105	105	NUM
fsr-3399	430	6	,	,	PUNCT
fsr-3399	430	7	249–286	249–286	NUM
fsr-3399	430	8	.	.	PUNCT
fsr-3399	431	1	taylor	taylor	PROPN
fsr-3399	431	2	,	,	PUNCT
fsr-3399	431	3	j.	j.	PROPN
fsr-3399	431	4	(	(	PUNCT
fsr-3399	431	5	1988	1988	NUM
fsr-3399	431	6	)	)	PUNCT
fsr-3399	431	7	.	.	PUNCT
fsr-3399	432	1	the	the	DET
fsr-3399	432	2	trend	trend	NOUN
fsr-3399	432	3	is	be	AUX
fsr-3399	432	4	your	your	PRON
fsr-3399	432	5	friend	friend	NOUN
fsr-3399	432	6	.	.	PUNCT
fsr-3399	433	1	new	new	PROPN
fsr-3399	433	2	york	york	PROPN
fsr-3399	433	3	times	times	PROPN
fsr-3399	433	4	magazine	magazine	PROPN
fsr-3399	433	5	,	,	PUNCT
fsr-3399	433	6	21	21	NUM
fsr-3399	433	7	,	,	PUNCT
fsr-3399	433	8	26	26	NUM
fsr-3399	433	9	.	.	PUNCT
fsr-3399	434	1	thestreet.com	thestreet.com	X
fsr-3399	434	2	(	(	PUNCT
fsr-3399	434	3	2018	2018	NUM
fsr-3399	434	4	)	)	PUNCT
fsr-3399	434	5	.	.	PUNCT
fsr-3399	435	1	what	what	PRON
fsr-3399	435	2	is	be	AUX
fsr-3399	435	3	a	a	DET
fsr-3399	435	4	bear	bear	NOUN
fsr-3399	435	5	market	market	NOUN
fsr-3399	435	6	and	and	CCONJ
fsr-3399	435	7	what	what	PRON
fsr-3399	435	8	does	do	AUX
fsr-3399	435	9	it	it	PRON
fsr-3399	435	10	mean	mean	VERB
fsr-3399	435	11	in	in	ADP
fsr-3399	435	12	2018	2018	NUM
fsr-3399	435	13	?	?	PUNCT
fsr-3399	436	1	(	(	PUNCT
fsr-3399	436	2	available	available	ADJ
fsr-3399	436	3	at	at	ADP
fsr-3399	436	4	https://www	https://www	PROPN
fsr-3399	436	5	.	.	PUNCT
fsr-3399	437	1	thestreet.com/markets/what-is-a-bear-market-14713949	thestreet.com/markets/what-is-a-bear-market-14713949	NOUN
fsr-3399	437	2	)	)	PUNCT
fsr-3399	437	3	.	.	PUNCT
fsr-3399	438	1	322	322	NUM
fsr-3399	438	2	a.	a.	NOUN
fsr-3399	438	3	loviscek	loviscek	NOUN
fsr-3399	438	4	,	,	PUNCT
fsr-3399	438	5	a.	a.	NOUN
fsr-3399	438	6	broder	broder	PROPN
fsr-3399	438	7	/	/	SYM
fsr-3399	438	8	financial	financial	ADJ
fsr-3399	438	9	services	service	NOUN
fsr-3399	438	10	review	review	VERB
fsr-3399	438	11	27	27	NUM
fsr-3399	438	12	(	(	PUNCT
fsr-3399	438	13	2018	2018	NUM
fsr-3399	438	14	)	)	PUNCT
fsr-3399	438	15	303	303	NUM
fsr-3399	438	16	-	-	SYM
fsr-3399	438	17	322	322	NUM