Another interesting session on the street today as markets opened with a big gap down, made it all the way back to trade in positive territory for a couple of hours, only to roll over and finish lower on the day. The Dow fell 189 points on light volume. The advance/declines were better than 3 to 1 negative. The summation index is beginning to stall. The S&P 500 dropped over 25 points. The short term indicators there are beginning to roll over. Another high print on the inflation data tomorrow will most likely turn things negative again. The S&P is trending away from the short term down trend line on its daily chart for now. Gold got crushed today as the futures fell $118 points. The US dollar was higher along with interest rates. The XAU dropped 13 1/3, while GDX lost 3 1/3. Volume was good. GDX had a gap down at the open and never made it back. The short term indicators for GDX are heading down with plenty of room to go. My GDX November calls are dead again. I do not see another bounce coming before expiration next Friday but who knows? Highly doubtful. This trade did show a nice profit after Monday but lost it all overnight. Once again my management of the trade was not up to what it needs to be for a successful outcome. Mentally I'm feeling OK. The VIX was higher today which fits with a down market. Still below the 20 level though. The short term indicators for the VIX are beginning to turn around from oversold territory. If the VIX manages to get back above 20 here it would spell more volatility and lower prices for atocks. Hasn't happened yet. Inflation data due tomorrow should set the tone for Fridays trade. Asia lower and Europe higher in last nights trade. We'll close out the week tomorrow.