Forum Archive Index - May 2001

["Tony" <tony@ltdrisk.com>]

Hi Nick
I've recently discovered Netbroker and am wading thru all its features.
I'm one of those investors who speculated with a number of spec shares like
ITC, Newcall, Chrome Global etc and have resigned myself to writing 90% off
my investments in them.

Looking forward, I want to trade more wisely and am following the sharechat
views as an aid to my decision making.

I'd like to see the depth of the market but when I went to the STockwatch
site it siad the NZSE does not allow the public to see depth, yet you
referred to # in this one of your emails. Are you privileged or am I looking
at the wrong site?

regards
tony
-----Original Message-----
From: owner-sharechat@sharechat.co.nz
[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Wedde, John
Sent: Monday, 14 May 2001 09:48
To: 'sharechat@sharechat.co.nz'
Subject: RE: [sharechat] Depth


Hi Nick,
I get my depth info from the "Stockwatch" page. There are two columns,
"Bids" and "Offers"

"Bids" are what buyers are willing to pay.
"Offers " are what sellers are willing to sell for.

In the "Bids" column:
Price   = the price buyers are willing to pay.
#       = the number of buyers at that price.
Volume  = the total number of shares bid for at that price.

In the "Offers" column":
Price   = the price sellers are willing to sell for
#       = the total number of sellers at that price
Volume  = the total number of shares available for sale at that price.

Hope all that makes sense.
Cheers
John

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