that we didn't have just a weeeeeeeny bit of opes exposure. I am trying to make sense of yesterday and today's action. Someone has been definately feeding out in an orderly but slightly aggressive manner today. And this follows yesterdays run up. Were share lendees (read shorters) covering positions yesterday ?? and are share lenders (read ANZ) feeding out today. the trading pattern certainly fits that scenario. the good news would be that although we had a run up yesterday it wasn't exactly a 20 mill vol day. So if that was covering one would expect any ensuing sell off to be just as tame.
I'm probably barking up the wrong tree here but I'm tired of this game. I wanna be rich and I want it now. Please, make the selling stop.
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