The Dow added 117 points today on OK volume.  The advance/declines were almost 2 to 1 positive.  the summation index is still moving up.  No news to speak of but the positive expiration bias remains in effect.  We're still short term overbought any way that you look at it.  The overall market was weaker than the Dow.  I'm still looking at the SPY March puts but I'm not exactly in a hurry here.  That could change of course because we've been over extended for a while.  So we'll see.  GE was up over 1/3 and volume was good.  Gold was a bit lower as the US dollar resumed its climb.  The XAU and GDX had slight fractional losses on better volume.  Mentally I'm feeling OK.  It is really just kind of a waiting game here for me, trying to decide whether to own some SPY puts before the long holiday weekend or not.  I think that one thing we can be sure of is that the decline of last year is over.  We've surpassed the down trend lines and broken above the Fibonacci retracements.  Any decline would probably be short and shallow but that doesn't mean that you can't make some money there.  Just as getting the SPY February calls on Monday would have made money despite the market already being very overbought.  I'll go over things again tonight and take it from there.  Europe and Asia were higher in last nights trade.  We'll see what tomorrow brings.