The Dow tacked on another 45 points today on good volume. Advance/declines were 2 to 1 positive. The market seems to want to go higher here. I bought some OEX October puts. This was the day that I had targeted and I did it. We are overbought as of tomorrow. I paid more than I wanted and would have gotten a better price if I had waited a while longer. But the purchase was made. The summation index is pointing higher but I bought the puts now. My thought is that it is the right thing to do. I think the recent gains are option expiration week related and not the beginning of some big up move. There will be a divergence on the McClellan oscillator and on the RSI unless we continue much higher. I have put more money into this trade than usual. I am confident here but don't want to be overconfident. Anything can happen in the market, that is for sure. Gold was up a touch but not much. The XAU is trying to stabilize. It was up about a point. Mentally I'm tired as I did not sleep all that good and had to try and enter this trade. It's all about the entry, managing the trade and the exit. This is my first trade in months. I have been patient and I feel that this will be a profitable venture. It seems to me that I have seen what is going on in the market here before. I did get the closer to the money puts and I think that was a good idea. Retail sales tomorrow and inflation news on Friday. We'll see.