Bad news from Merck was the reason for today's 55 point loss in the Dow. They are pulling a drug off the market and lost 25% of their value. Wow. Volume was heavy due to all the selling. Advance/declines were positive. I still have an open order for some OEX puts. Haven't been filled yet however I'm not so sure about this trade with the positive breadth lately. I'm still willing to risk it though, for now. Gold moved up $5. The XAU was up 2 1/2, NEM up over a buck and ABX up a half. All with heavy volume. There's gotta be a rest in here sometime. My ABX calls are making money and still have 2 weeks to go. Gold and the gold stocks are way overbought here. I'll need to be careful. The dollar got clobbered today and that is the most likely reason for the rise in gold. I'm hoping not to be so greedy and it's hard to do. I'll see how far this will run, I suppose. I plan on using RSI for the exit when a signal occurs. GE didn't move much. Tomorrow starts the 4th quarter and I assume some buying will take place and perhaps those OEX puts will get filled. We'll see...