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True or False? Briefly explain - 200 day moving average strategy for Dow Jones Index works well during boom times but fails miserably during bad

True or False? Briefly explain - 200 day moving average strategy for Dow Jones Index works well during boom times but fails miserably during bad times in the 20th century in that the strategy suggested that you should stay in the market right before the crash of 1929. (Based on Siegels Technical Analysis and Investing with the Trend).

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