Subject: Re: Industry momentum
Another approach would be to use stockcharts' definition of their Technical Rank (SCTR) with their standard industry/sector breakdowns to do GTR1 backtests using those momentum criteria against GTR1's sector / industry symbols...
SCTR is basically 3,6 and 12 month price momentum in a relative percentile ranking similar to IBD's. (99 is extremely good and rare).
Just suggesting using the good data Mr. Geary has long made available when feasible.