Don't wait too long for the tax-loss selling. There is a theory that this year might be different. (I know, I know.)

2014 stands to be different for a couple of reasons:

• This is now year 4 of a brutal bear market which has seen many resource stocks decline by more than 90% – how many sellers are left out there?
• September and October were terrible months for the resource stocks with many individual names being cut in half (TSX-V was down nearly 30% during September & October)

Our hypothesis is that micro-cap and nano-cap resource stocks will come under some pressure one more time before year end and this pullback will subsequently give way to a year end rally which will play out during the last couple weeks of December. (ceo.ca)