"That's fascinating data, because it shows that the biggest falls in SP coincided with lulls - not spikes - in shorting activity. In other words, the recent sell off appears to have been caused more by longs bailing, not shorts entering,. Be interesting to see how the tussle evolves from here... ""I for one do not welcome our new shorter overlords."
Given UBS's prior history both in Australia and overseas with these short attacks it is a rare occasion when it has been a momentary "Hit and Run" but more often than not a protracted and organised attack over a period of time. Whilst there is some respite today I would be extremely surprised if this was the end of it. I would think todays lull is merely an evaluation of market reaction by UBS and a sucker beckoning. Most recent attack on A2M it probably a fair example of their Modus Operandi.
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