I believe plenty of panic from T+2 holders today. They bought on 31 Oct for 23.5 to 24.5. Saw it peak at 30c today and then when it started coming down they panicked. If they didn't sell they may not have the funds to cover their 31/10 purchases tomorrow. Oh well..........that's life as a trader. IMHO DYOR
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Running Commentary on the SP Movements., page-4045
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