The Dow shed 34 points on very heavy volume again. Advance/declines were negative. There is massive liquidation of stocks going on here. I don't know why. Something has happened somewhere and it will all come out eventually. I'd really like to get some calls here for a short term play but we were down around 200 points on the open. Hard to say what will happen here and I have no idea when the selling will work itself out. I am seeing some readings that I have never seen before. Gold was down $7 today and the XAU lost 3 points. I would really like to get long gold but need to be patient. Volume was heavy again in the gold shares. We are nearing uptrend lines that need to hold if calls are going to work here. I'm sitting tight for now. I think that going out to April will be the thing to do. We'll see. It's a tough environment to trade at the moment. Perhaps the best thing to do is just wait it out at this point. Mentally I'm doing OK. I'm trying not to take any big risks here given the uncertainty. But I will take a position sooner or later since there is also some money to be made here if it is played properly. We'll see how it closes tomorrow.