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[sharechat] Trading stocks

From:	"Tony Haddon" <haddon@ihug.co.nz>
Date:	Sun, 20 Aug 2000 19:55:38 +1200

Lack of NZSE market depth is not actually that much of a hindrance in my view..you simply have to be patient, don't expect overnight profit. Day to day liquidity (volume) is readily apparent with end of day data.

A trading stock Derek is any stock that has a regular predictable price variation, it need not be the subject of ramping or indeed any discussion..look at Brierley, how often is it mentioned here ? It is a honey of a trader..little 2 cent ups& downs, buy 25,000 a pop, 2 cents up = $360.00 after brokerage.

ITC..you might be lucky to buy at 34, or sell at 38, but that still leaves 2 or 3 cents in the middle....

Rgds, Tony Haddon

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