Glimmer,
True, but the market is a voting machine.
Also I suggest most that bought high are either the impatient, instant gratification types who will long ago have taken their medicine, or the stubborn types who will hold until they are back in profit.
Sure there will be some selling for the tax loss, but if you think they are numerous enough to effect the sp, then you should think very seriously about those that are waiting until July. I suspect they are mostly disciplined, so don't expect a drop tommorrow - just expect plenty of sellers whenever sp tries to run. Anyway just my speculation.
EL
end of financial year sale , page-5
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