Continuing higher as the Dow gained 408 points on good volume. The advance/declines were better than 2 to 1 positive. The summation index is moving higher. The Dow was by far the leader today. The S&P 500 posted another gain but things are not moving at a robust pace. It closed at the top of the sideways channel that it has been stuck in for a week. The S&P did get above 6850 today but fell back in the final hour. Remaining short term overbought here. I'll have to decide tomorrow whether or not to try the SPY December puts ahead of the inflation data due on Friday. I may just stay on the sidelines as I still believe that we are heading to new all time highs for the S&P. Gold was up $17 on the futures. The US dollar was lower along with interest rates. The XAU was off 1 1/8 and GDX dipped 1/2. Volume was light. Some of the short term indicators for GDX are beginning to move sideways. Still on the sidelines with respect to any trade in the GDX options for now. Mentally I'm feeling OK. The VIX was lower today and that fits with an up market. Still short term oversold and remaining that way here which is the normal course of action during rallies. The VIX is hanging around its previous low readings form the end of November. A break below them will continue the rally in stocks. I'll have to look things over tonight and decide what to do from there. Europe and Asia remained mixed in last nights trade. I'll keep an eye on tonights developments.