The Dow lost another 120 points today on extremely heavy volume again. Advance/declines were 3 to 1 negative. We closed near the low of the week which isn't a good thing. The worldwide liquidation of assets continues. It will be interesting to see what the culprit actually is. I almost bought some OEX calls today but stayed out. There will be a bounce but it will be hard to know when. Sometime next week is my guess but who knows. Gold was dumped again today, down over $20. The XAU lost over 4 points as it is just about sold out here I would think. Volume was heavy. I would like to get some ABX April calls soon. We are approaching long term uptrend lines and if they hold then this will be the spot to buy. If not then the gold market is in for much more trouble. I will check things over the weekend and develop a plan for what to do next week. The real question is how long will the selling last in assets? Just how much has to be sold to take care of whatever is happening in the markets? These are questions that I don't have answers to. The technicals of the markets are completely blown out after Tuesdays action. Something is going on but I certainly don't know what. I am on the sidelines for now but that will change and perhaps next week. It's a tough envirornment. Mentally I'm trying to do the right thing which right now could mean doing nothing. I will try and take it easy from now until Sunday night so that I'm ready for Monday morning. It will be another crazy week I think.