Dow down 72 points on extremely light volume. Advance/declines negative. Could be a very slow week, volumewise. Gold was up over 3 bucks. But the XAU, NEM and ABX were all down and fell hard into the close. That is not a good sign. My ABX calls are now losers and if the action going forward is anything like today, they are toast. There are a little less than 3 weeks remaining. I'll hold them here and wait for the employment report on friday. Not a lot of news and not much market interest due to the Republican convention. I suppose in hindsight I should have just let this week pass.