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[sharechat] Trading Stocks.

From:	"Moose" <aorang@voyager.co.nz>
Date:	Sun, 20 Aug 2000 13:32:34 +1200

I agree Tony. To me you have just highlighted the problem NZ 
traders have of buying/selling without the ready access to market 
depth.
A dangerous game if you cannot verify demand (or lack of) for a 
stock before you start.
The low liquidity previous posters alluded to in most NZSE stocks 
makes other markets (where this info can be accessed easily) a lot 
safer option for trading.
For me these days the NZSE contains several special situation 
stocks (eg Fletchers stable) that are worth taking an interest in for 
the potential future outcome.  But the opportunities for trading are 
definitely better in other markets where measuring liquidity does 
not involve guesswork or phoning brokers.

Regards,
Moose

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