Once upon a time I generated a spreadsheet that did VDX and thought it was pretty neat and ...
>VDX? Sounds like some venereal disease.
Uh ... well, it's a mechanism for deciding whether to Buy, Hold or Sell a stock.
>Does it work?
Of course! It's infallible as are all Technical Indicators. Just follow its advice and make a $million.
>If you start with 2 $million.
Pay attention.
It involves a competition between Bulls & Bears.
You Buy, Sell or Hold depending upon who's winning ... and it's quite intriguing.
>So you decided to drag it out again?
Exactly! After all, I did that some ten years ago when I was pretty schtoopid and ...
>And what's changed?
Pay attention!
I decided to revisit that old ritual, playing with DOW stocks
The spreadsheet looks like this:
Click on the picture to download the spreadsheet.
Notice that the first Sell signal occurs in Dec/09, when XOM starts to drop.
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^DJI HOLD | ^IXIC HOLD | AA SELL | AIG BUY | AXP BUY | BA BUY | C SELL | CAT BUY | DD HOLD | DIS SELL | F BUY | GE BUY | HD HOLD | HON BUY | HPQ HOLD | IBM BUY | INTC HOLD | JNJ HOLD | JPM HOLD | KO HOLD | MCD HOLD | MMM HOLD | MO BUY | MRK BUY | MSFT BUY | PFE BUY | PG SELL | T SELL | UTX BUY | VZ SELL | WMT HOLD | XOM HOLD |
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I've modified the original spreadsheet so you can get a Buy, Hold, Sell signal for a gaggle of stocks.