From AFR : Aitken is also short the S&P ASX 200 index through...

From AFR : Aitken is also short the S&P ASX 200 index through the SPI futures, which reflects his concerns about the top 20 stocks. He is also short Woolworths.
"We think the turn around's premature there, that the market's too early on that – we think the Tesco scenario will probably play out," he says.
"Don't get me wrong, we think that Woolworths is a great Australian brand, but Aldi is not going away, Coles is not going away. We don't think Woolworths shares are going to fall apart but we think they're not a bad hedge against Australia, and we don't think it's as easy as shutting down stores.
"Put it this way: You can't cost-cut your way to greatness; you need to grow."