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Friday, September 30, 2005

The Dow up about 15 points on the last day of the month. Volume was average and the advance/declines were positive. I expect a pullback at the beginning of next week. It will happen. Overbought and need a break. GE was up 2 cents and that too should fall early next week. My options are going nowhere. The employment number on Friday will be the mover, I believe. We'll see. Gold was down a few bucks and the XAU lost a point and a half. Volume was light on the gold shares. I need to be careful here. The put options are showing a slight profit. I will have to determine some downside targets over the weekend. That's if all goes well. Still three weeks on the options. Mentally in a slight funk due to outside influences but it goes with the territory. Getting better on the routine. Might be back here over the weekend. More work to do though. Not a lot of thoughts at the moment. Need to break for a couple days but it will be tough. The market never sleeps...

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