JNJ, starting descent at last.

JNJ March 31 2010

This one has, as most every stock, has taken its time and a few extra dollars, but now it is clearly going into a downward direction. For a stock that is generally regarded as a “blue-chip” this may be a surprise to some but not if you consider that of the 18/30 original stocks in the only one remains in the index, and it (GE) is trading at a fraction of where it peaked eight years ago.