Moments after we reported the announcement of the Italian short-selling ban we had a simple question:

Where is the Spanish short selling ban? They are slacking — zerohedge (@zerohedge) July 23, 2012

We now have our answer, as Spain has jumped on the banwagonTM

SPAIN STOCK MARKET REGULATOR BANS SHORT SELLING

SPAIN'S SHORT SELLING BAN INCLUDES DERIVATIVES, OTC INSTRUMENTS

SPAIN'S SHORT SELLING BAN COULD BE EXTENDED BEYOND 3 MONTHS

And just because in Europe one has to constantly outdo everyone else, the Spanish short selling ban is on all stocks, not just financials.

Next up on the banwagon: everyone else, now that the stigma of admitting 2012 is precisely just like 2011 (as we have been warning since January 1 of this year) is gone. Expect the ultra short relief rally to be follow by new plunge to historic lows.