We got some bounceback today, with the Dow up over 50 points. Advance/declines were positive and the volume was good. I think we will be going sideways here for a while, before the next leg up. That's my hope. Gold got killed today, down $15. What a move. It has been telegraphed by the weakness in the gold stocks. Today the XAU sold off big early but came back pretty good as did ABX and NEM. The XAU was only down around a point and a half. I'd like to let a bottom build here and then get long. But I might get some December calls for a bounce. Not sure. GE was up today and INTC was down. I have an order in now for some January Intel calls. Trying to buy them back. It is getting near the uptrend line. If it holds then the bullish case is still in play. If not, I'll cancel the order. Sounds good in theory, as it always does. Pfizer was up today, I'm watching it but no trades are imminent. Less than 2 weeks until expiration Friday. My best guess would be to stay on the sidelines and add to January call positions. That's the plan and I'll try and stick to it. Expecting sideways and weakness action for the next week. Summation Index still pointing down.