Intuitive Surgical, Inc. [[ISRG]] has put in a nice base around 154.50. I may take a shot at going long here with a stop right under that base. Should the stock slice through that level, flip sides and get short in a hurry.
Joined Jan 27, 2008
7,405 Blog Posts
PPT rates ISRG a buy, very strong fundamentals.
I’m in from 156 and change.
Stop @ 154.40. at that point I will look to get short.
find a better way to chop yourself
CSX keeps trying to break below 40… soon it shall breakdown in a BIG way.
Dave, My chart held up like a champ. Reread stop price then check low.
I suggest you get yourself some longs.
Watching UYG, I like UYG above 7.70
your love affair with all these large cap stocks is confusing. You trade like you have Warren Buffet like funds to allocate. Makes no sense.
Would you buy a business for 600,000 if it only had 80,000 of sales ? NO, you would not. Yet you buy ISRG with exactly that ratio of P/S.
Would you buy a company with 40,000 of tangible assets for 155,000 ? NO, probably not. That is a lot of goodwill.
I will not even bother with Earnings.
in UYG @ 7.72
instead of hating on RC, you guys should be buying.
epic rally in progress.
Thanks for the post RC, hope you’re right about UYG, My basis is like $13 for that POS, and I’m not buying more unless it starts performing. I ain’t selling it either, right now I’ll see that shit at zero first.
as far as epic rally, it’ll take DJIA 8800 at the close before I’ll say it with you. Good luck
I am not hating on you, but why are you buying over priced large caps.
I bought UYG this morning at $7.13 and more at $7.29
There are only 87 stocks that have a P/S over 7 and P/B over 5 out of 6000 stocks !!! why are you buying the over priced ones ?
You gotta love this, ISRG & UYG ripping
Good to see you in UYG short. The reason for ISRG was the low risk setup.
ISRG – solid call – looking ripe for slingshot
THANK YOU!
Shortbus,
you see ISRG?
I will make a video for you fuckers tonight explaining a few trade ideas.
You’re welcome for the 10 points in ISRG.
Note: Closed position out @ the close.