XJO is now liable to tax loss selling up until the end of the...

XJO is now liable to tax loss selling up until the end of the month. That is likely to include the banks and Telstra, all large components of the index. So for medium term traders, being short, is a more likely winning scenario than being long. Could be some great pricing to buy banks in a few weeks. Of course this is irrelevant info for the intra day traders who are the majority, ( or maybe only the most vocal), visiting this forum.