Seems like these guys are NOT closing out their big position but are just lightening up looking to buy it back cheaper. It is suspected these folks have a little savy when it comes to the technicals:

The Venture Index looks a bit toppy after putting up a plus 11 on a Granville upfield indicator which tends to be negative for the short term.

http://stockcharts.com/h-sc/ui?s=%24CDNX graph is trying to get back to the 1000 level on the chart which is supected to be short term resistance. Adding to the caustionary mix for them is gold is still in the process of bettering its declinging 50 day average line which it has not done so yet.

Strangely, the senior gold shares are acting better than the metal. Also, it is believed that Macquarie may be interpreting the $2.40 to $2.50 plus chart zone as trouble. Just some thoughts concerning macquarie's selling. Hope they end up like Anonymous did in making bad sales for themselves.