VDX revisited

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.

^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've modified the original spreadsheet so you can get a Buy, Hold, Sell signal for a gaggle of stocks.
It also uses Volume Weighting, so prices associated with greater volume have greater weight. That's the reason for the V in VDX.

>Is that good?
Of course! Don't you know anything?

Here are some examples: