looks, feels oversold. I think some sold JNJ yesterday just to sell something they had $ in. I think you are supposed to have a bid for JNJ around here; I say it will hold in better than overall mkt & if the mkt trends higher, people will grab for it.
picked up some tues at 67.10 if it goes lower, most likely, i'll buy more. i don't particularly like the u.s. equity mkt, but i hate bonds here and wouldn't buy any stock outside the u.s. that leaves 'name' comps like JNJ. not a bad div either.