Momentum investing confirmed as a truly Australian phenomenon
This piece got sent to me yesterday and I have to admit I have only scanned it. But my take way from it is the belief that momentum investing in Australia is rife because stocks can move by very large amounts. My off the top of my head feeling might be that this is a function of the very poor liquidity of the local market not a particular strategy.
I will have a bit more of a think about this over the next few days.