The monthly chart of Johnson and Johnson ( JNJ) shows a gradual uptrend for the past two years as the monthly downtrend, line a, was overcome last June.
If an investor had bought an assortment of companies like these, he could have suffered a few bankruptcies in the mix and still come out ahead of the more cautious group that bought Johnson and Jonson (JNJ), which has yielded a 24% recovery.