Comments on: Johnson and Johnson JNJ Takes an Unexpected Turn http://blog.afraidtotrade.com/johnson-and-johnson-jnj-takes-an-unexpected-turn/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Corey Rosenbloom http://blog.afraidtotrade.com/johnson-and-johnson-jnj-takes-an-unexpected-turn/comment-page-1/#comment-184574 Corey Rosenbloom Mon, 09 Mar 2009 01:18:12 +0000 http://blog.afraidtotrade.com/?p=3709#comment-184574 Henry, Agreed, but it - in my opinion - it shouldn't have collapsed as quickly as it did. The RS line has certainly beat that of the S&P. Maybe it would be best as a hedge, as in short SPY and long JNJ. I've always found pairs trading interesting. Henry,

Agreed, but it – in my opinion – it shouldn’t have collapsed as quickly as it did. The RS line has certainly beat that of the S&P.

Maybe it would be best as a hedge, as in short SPY and long JNJ.

I’ve always found pairs trading interesting.

]]> By: henry http://blog.afraidtotrade.com/johnson-and-johnson-jnj-takes-an-unexpected-turn/comment-page-1/#comment-184558 henry Sun, 08 Mar 2009 21:27:36 +0000 http://blog.afraidtotrade.com/?p=3709#comment-184558 Yes, but for those who must be in equities, the relative perf chart shows that it still has been a relative winner: http://stockcharts.com/h-sc/ui?s=JNJ:SPY&p=D&yr=1&mn=0&dy=0&id=p31020230432 Yes, but for those who must be in equities, the relative perf chart shows that it still has been a relative winner:
http://stockcharts.com/h-sc/ui?s=JNJ:SPY&p=D&yr=1&mn=0&dy=0&id=p31020230432

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/johnson-and-johnson-jnj-takes-an-unexpected-turn/comment-page-1/#comment-184434 Corey Rosenbloom Sat, 07 Mar 2009 19:50:02 +0000 http://blog.afraidtotrade.com/?p=3709#comment-184434 True. Particularly devastating in this case, considering how well people expect Consumer Staples to hold up in a downturn. True.

Particularly devastating in this case, considering how well people expect Consumer Staples to hold up in a downturn.

]]> By: Reggie Perrin http://blog.afraidtotrade.com/johnson-and-johnson-jnj-takes-an-unexpected-turn/comment-page-1/#comment-184423 Reggie Perrin Sat, 07 Mar 2009 17:04:11 +0000 http://blog.afraidtotrade.com/?p=3709#comment-184423 Excellent analysis It is the false breaks of the "obvious" which have proved so dramatic Excellent analysis

It is the false breaks of the “obvious” which have proved so dramatic

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