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[sharechat] what does it all mean??


From: "John Ascroft" <jascroft@jade.co.nz>
Date: Mon, 3 Dec 2001 15:57:57 +1300


Hi,
 
Now we can see depth for NZ stocks, can someone explain what it all means.
 
I understand the mechanics of the two lists, but how can I tell from them what is likely to happen to the price and/or what limits I should use.
 
Here is telecom just now... (at the bottom of this message), also AIRVA
 
So what????
 
 
  BIDS   OFFERS  
  # Volume   Price   Price   Volume #  
1 2 83,881   501 502   111,462 2 1
2 5 55,857   500 503   10,000 1 2
3 1 20,000   499 504   10,235 2 3
4 2 56,800   498 505   21,000 3 4
5 1 850   495 509   6,000 1 5
 
 
  BIDS   OFFERS  
  # Volume   Price   Price   Volume #  
1 5 308,595   31 32   4,000 1 1
2 23 934,900   30 33   274,949 9 2
3 13 608,220   29 34   221,700 7 3
4 14 356,725   28 35   159,162 8 4
5 6 392,166   27 36   307,096 10 5

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