absolutely relentless, page-14

Nine Lives, everything is discounted in provided the volume passes through the market.

Its impossible for the market to discount in the resumption of short selling as the volume can not pass through the market until short selling resumes.

If people sold out now anticipating short selling to resume, people who want to short sell are still going to short sell, forcing prices lower.

When the market is not restricted from trading then any economic news etc can be factored in etc which is what Magee suggest.