The Dow was up about 10 points on light volume. Advance/declines were positive. We were much higher early on and then fell back as the price of oil rallied 2 bucks. I am not sure of what the direction will be for the expiration week but it doesn't look very dramatic at the moment. Of course that could all change. Inflation data out tomorrow and Wednesday. Gold was up another couple of bucks today and the XAU rallied 3/4 of a point on good volume. NEM was up almost 50 cents. Now is when it gets interesting. It looks like NEM wants to take a rest here along with the gold shares. But the volume has been so good, it is hard to want to exit this position right now. However there are only 4 days left on these options. Decisions must be made and hopefully the right ones. I'm leaning towards holding on until later in the week unless the technicals really deteriorate. But by then it could be too late. This is what makes the game so tough. Gold has also decoupled from the dollar so I really don't know what is pushing it higher here. But I do know the volume has come in so I'm thinking this is for real. There are also possible head and shoulder bottoms on the gold shares, including NEM that look intriguing. We are right at the necklines. We'll see.