Royal Group Technologies, Ltd. (RYG) Message Board

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Gold/Mining/Energy : Royal Group Technologies, Ltd. (RYG)

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To: Ian Munro who wrote (189)	10/4/1999 6:06:00 PM
From: Mike C2	Read Replies (1) of 199

RYG trading buy I got dismayed when RYG was unable to break resistance at 30 and, luckily, sold at 28 or so. I am now about to buy back in. My take is that the upside is 50% and the downside risk is nil to possibly 25%. Nervous types can wait to see if support in the 19-20 area is violated, but I'm picking up most of a full position in the next day or so barring more volume to the downside. Company should pat itself on the back if any structures withstood recent temblors in Taiwan. Mike

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