More of the same today as the Dow underperformed and the overall market trended sideways. The most watched index fell 76 points on average volume. The advance/declines were negative. The summation index continues to trend higher. The NASDAQ once again led the way up and that's a plus. The S&P 500 had a slight gain and remains short term oversold. I again placed an order for the SPY December puts but it wasn't filled and I canceled it. Seems like we are in a waiting game for the next catalyst on Friday which would be the jobs report. Gold was up $5 on the futures. The US dollar was a little lower and interest rates bumped up. The XAU jumped 4 1/2, while GDX added 7/8. Volume was light. Not sure what's going on here. The short term indicators for GDX have now turned up with room to go. No GDX trades in mind right now. Mentally I'm feeling OK. The VIX finished unchanged today. The short term indicators remain oversold however the Bollinger bands are beginning to contract. Trying to remain patient for the next trade which I believe will be the SPY puts. The timing, as always, needs to be spot on. If we continue to trend higher into the close on Thursday then I may try those SPY December puts. However there seems to be plenty of liquidity around for now so that idea is not set in stone. Both Europe and Asia were higher again in the overnight trade. We'll see what tomorrow brings.