Volume the story today as it is super heavy with the expiration and news from Pfizer. The Dow was down 55 points with advance/declines about even. Pfizer announced one of its main drugs causes heart attacks. They didn't say it like that but that's the jist of it. PFE got killed on massive volume. And I was looking to get calls. That goes to show you just how fickle this game can be. And dangerous. Overnight developments can ruin any position you have at any time. You've got to know this in the game. GE was down today and I am looking to get some more January calls. I'm still a believer in a nice pop at the beginning of 2005. The summation index has turned down and I did expect some weakness so I'm trying to take advantage of it. But of course, I could be wrong. Intel was down also and is right on its 50 day moving average. If it holds, my calls might make it. If not, they're losers. Gold was up a few bucks today as the dollar was weaker. The gold shares didn't move and the volume was light. There is no interest there for now but sometime next year they will perk up again and I hope I'm there to profit from it. So it looks like I'm pinning my hopes on GE and that's not a bad thing. Uptrend line is at $36 and if it holds I should be OK. If not? You know the story. Holiday shortened week coming up. I don't expect a lot of action. It will be a time to try and position for the beginning of next year. But the markets will be quiet. Sideways action could be the norm. As long as we don't tank, I think things will work out.