According to the market segmentation theory,short-term investors will not normally switch to intermediate- or long-term investments.

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The market segmentation theory suggests that different groups of investors have different time horizons for their investments, and these groups typically do not switch to investments with different time horizons. Therefore, short-term investors are unlikely to switch to intermediate- or long-term investments.

According to the Market Segmentation Theory,short-Term Investors Will Not Normally