Dow down 20 points today on heavy volume again. Advance/declines were 2 to 1 positive though. Uncertain what is going on here but I'm going to put some more long term money to work in my mutual funds tomorrow. Tradingwise, no OEX trades for now. GE moved up today. I wanted to change the price on my GTC order today because it appeared GE was breaking an uptrend line. When I went to the site to change it, lo and behold, my order had just been filled. So I now own some January GE calls. Eons of time on this trade. Gold was off 50 cents, ABX fell a little and NEM was up. The XAU was up slightly. I placed a GTC order for some November ABX calls, trying to get ahead of the earnings report next week. I don't like chasing it here but do not want to be left behind if this move keeps going. Do not know if it will get filled and may possibly cancel before the weekend. The dollar has been getting killed this week and quite frankly, I would have expected a better move in gold. But we are at long term resistance there. However if it breaks through, I do think it has a chance before the November expiration, then the gold stocks will rally pretty good. This is just a guess as are all things in this game. Some are more educated guesses than others. It is hard for me to remain patient and I struggle with that issue on a daily basis. Control of yourself is the key to getting things done properly. The battle within continues...
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