Not shown in a while, here is the TSX Venture Exchange ($CDNX), populated by many quality values as well as a good amount of scams. My small gold exploration holdings are under performing the broad gold sector right about now. They are what we will call the babies in the 'resources' bathwater and they happen to be my preferred investment target for later in 2010. But for now, blah.No doubt pressure on the entire resource sector is dragging as people sell what they really do not understand. I have little doubt that within 4-6 months gold stocks only are going to be distinguished from the entire construct and the best part is that most people are not even aware of the 'real' price of gold and its implications upon this singular sector. Meanwhile, I will endure with the core of these gold companies, hold cash and wait... it's the hardest part you know.
As to the $CDNX chart, have you ever seen anything so bearish looking? This is bad enough to get me looking for something that can be shorted as a proxy. Anybody got any suggestions?