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Royal Bank of Canada T.RY

Alternate Symbol(s):  RY | T.RY.PR.J | RBCPF | T.RY.PR.M | RBMCF | T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF

Financial Services
Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.


TSX:RY - Post by User

Royal Bank of Canada
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Comment by Canonballon Dec 12, 2008 11:08pm
225 Views
Post# 15644073

RE: RE: RE: RE: ROYAL BANK DILUTION MORE SHARES

RE: RE: RE: RE: ROYAL BANK DILUTION MORE SHARESHey shoooter you still out there...? Picked up 100 more RY yesterday at 34.99, and 200 today @ 33.01 and 200 more at 33.46 for a total now of 1500 @ 34.71 average... what a market up and down like crazy this morning.  

I see all the banks heading higher next week the Bank Index $BKX is now back in over sold and finished (hopefully) any further descent...so the Banks should start heading back up.

Plus the good news is all the charts are in oversold now the DAY chart, the WEEK chart, and the Month Chart so we have triple chart support for heading back up...and  RY is back to 2003-2004 -2005 SP levels which is very strong support.    This is pretty much bottom in my opinion... hope in 2009 we see RY back in the 40-50 dollar levels.

Cheers... have a great weekend
  


  
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