The general sector shares continue to look anemic as tax selling season draws to a close. Included below is a link to the HUI gold stock Index. IMO anonymous has been busy in the resourse sector covering short their positions. The deciding factor for the shares for the remainder of the year will most likely be determined by gold's price along with the prevailing cross-currents being provided by tax sellers and some short covering. Remember naked shorts are not listed in the official short record by clearing houses.

The gold stocks appear over extended in here but lately everything sems to be going in both extreme directions. Not to the benefit of the sector shares is that the MACD chart on the two major gold indexes appears ready to trade lower thus expected to bring in some gunslingers playing the market to the short side. It seems like a good approaching time to put in some stink bids and unplug the monitors.

http://stockcharts.com/h-sc/ui?s=%24HUI