Volatility returned too the market today however we only ended up down a couple points. We were down rallied up and then closed basically unchanged. Volume was average and the advance/declines were even. Greenspan spoke and it was shrugged off. Gold shares were volatile also, selling off early, coming back with a rally and then selling off again. Gold itself sold off and came back to be unchanged. The XAU was flat, ABX gained a few cents. ABX reports its earnings tomorrow. I did not take the position in ABX calls because of any earnings expectations, so I will be happy to get that out of the way regardless of what happens. This trade is a dollar play. The dollar was higher early and sold off to end up with a small gain. I'm still believing this trade has some time to go, so I continue to hold the ABX calls. I'm also looking at NEM as a possible trade but it has been lagging here. Don't know. Inflation report out on Friday with a 3-day weekend to follow. We'll see what happens...