Until gold stocks prove otherwise, they still trade in the direction of the broader market (die-hard gold bugs find it hard to believe this, however).  Until the market breaks, I would advise caution - because there is more downside possible.  If the S&P head south, so will the gold mine stocks.  If they do, then when the bottom is in place, there will be great opportunities.  The problem is that if you own and the market crashes, you very well might bail out near the bottom after losing big, and then be reluctant to enter when the rally begins.

My advice - practice patience, it's a virtue!