More drift higher as the Dow gained 51 points on light volume.  The advance/declines were almost 2 to 1 positive.  Overbought and staying there, which is a condition that could persist.  The trend remains sluggishly up.  Probably too late for some August OEX calls but we'll see.  As I said yesterday probably the most prudent course of action is waiting things out.  GE was up 1/8 on light volume.  Same technical condition as the overall market for GE.  Overbought and staying there.  Gold lost a touch today as the US dollar was a bit lower as well.  The XAU rose 2 points.  ABX, GG and NEM all had fractional gains of at least 1/2 on light volume.  The gold shares continue to outperform at the moment.  My October ABX calls are still in the red.  Mentally I'm still not feeling 100%.  Slow summer trading is what we are seeing for now.  I expect that to continue for the rest of the week.  The summation index is trending higher.  The weekly charts for the gold shares look positive but they have looked good before too.  Gold itself has been moving sideways for 4 months.  We are in golds historic best months of August and September.  I don't expect much out of this week but we'll keep an eye out going forward.