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Thursday, July 28, 2005

Dow up almost another 70 points today. Volume again pretty good for the summer with advance/declines almost 3 to 1 positive. Going nowhere but up. Could the year ending in 5 theory hold true again? It's only July. This could be end of month stuff. Gold was up over 3 bucks but the XAU didn't move. Volume on ABX was heavy and it didn't do anything either. Earnings out after the bell. I have stayed on the sidelines. I'm wary of the XAU not moving with gold itself. Bunch of data out tomorrow. Probably best for me to sit it out here for a bit longer. Maybe something next week. Don't know, not sure. Trying not to get anxious and then doing something just for the sake of doing it. Mentally I'm OK for now. Getting it together and remaining under control for now. But you never know in this crazy game.

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