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Charting Cramer's Dow Forecast, Pt. 4

Stock quotes in this article: MRK , MSFT , PFE , MCD , MMM , MO  

This column was originally published on RealMoney on Jan. 11 at 11 a.m. EST. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.

Editor's Note: This is Part 4 of Dan Fitzpatrick's technical review of the prospects for the stocks that make up the Dow 30. Be sure to read Part 1, Part 2, Part 3 and Part 5.

Over the past few days, I've been working my through the components of the Dow Jones Industrial Average, reviewing the price charts of six each day. A couple of weeks ago, Jim Cramer ran a series of articles giving his outlook on the Dow components based on his knowledge of the companies. Since I began this series on Monday, I've heard from a lot of folks who like the combination.

While at first blush it might be tempting to just blend the two approaches together -- consider Jim's outlook on a company and then put it with my chart analysis and you've done your homework. It doesn't work that way -- not this time. I wanted to let the price action stand on its own, without being clouded by Jim's views. So I have not read Jim's work. I'll do that once I've covered all 30 stocks. ...

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