VDX

Many, many years ago I played with the Directional Motion Indicator DMI, one of a jillion rituals for deciding when to Buy, Sell or Hold a stock. I was intrigued by the logic behind the method and extended it to include Volume Weighting of stock prices (where prices associated with greater volume had greater weight). This modified ritual I called VDX. Anyway, after ignoring the method for some ten years, I happened to run across the spreadsheet and decided to apply it to a gaggle of DOW stocks. ^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 I never actually used VDX myself, but I did follow its signals for some time to see how well (or poorly) it worked. I found that it worked sometimes and didn't at other times ... sorta like tossing a 3-sided coin. The spreadsheet gives pretty pictures. I checked out my coal stock and got this: If'n you're above or below the red lines, you Buy or Sell. See? It said BUY over a month ago. Then I checked my Lithium stock: It says I should have bought it 3 weeks ago ... and now, I should hold it. Somehow that makes me feel warm all over. This is for my brother-in-law: