The Dow rose 73 points today on average volume. Advance/declines were 2 to 1 positive. There was a buy signal on the McClellan oscillator last night and it was valid with todays action. There isn't a breakout just yet and we are getting short term overbought. So we'll see what happens. There is a long weekend ahead and tomorrows action should be interesting. GE rose around 40 cents on good volume. The calls are back in the black. If we can get some follow through tomorrow on good volume than this trade will be a winner. I am encouraged by todays action but we'll just have to wait and see. The ideal situation would be a breakout to the upside but that remains to be seen. The relative strength with GE lately has been the key to me holding on to this thing. Gold didn't do much today but the XAU was up almost a point. Probably in sympathy with the overall rise in equities. The dollar again was stronger today but we are getting close to some downtrend lines there on a daily and weekly basis. We'll have to wait and see what happens. Could be the time to get long some gold shares for February. Oil continues to fall and $50 is the next key level. All support there has been broken so it will be interesting. Could help the stock market if it continues to fall although it hasn't helped much yet. Mentally I'm feeling a bit better with the positive action in GE but what to do next is the question that needs to be answered correctly. I might just have to bail out before the weekend. Depends on tomorrow I guess. Otherwise I am getting over the cold I had and am feeling better physically as well. Trading is difficult and I would like this first trade to be a winner to set the tone for 2007. Time will tell.