Ask Colin

How much weight would you attribute to the Weinstein Momentum Index? Would you trade without reviewing it?

I only look at it as additional information to the basic advance decline line. I prefer always to stay as close as I can to reality, which is price, volume and the raw data. Once you start manipulating the data, there needs to be a clear reason. I could trade without it. It only affects the market risk management part of strategy and Dow Phase Analysis is infinitely more important.