Late post today as I had other commitments. The Dow rose 42 points on lighter than lately volume. Advance/declines were positive. The volume is tough to call here since it expanded so much in the blowout. Anyway, I still want to own some OEX puts before the inflation data Thursday and Friday. Perhaps tomorrow, if not Wednesday for sure. The summation index is turning to the upside here but I think it will be short lived. Gold was down a buck or so today and the XAU rose a point and three quarters. My open order for ABX calls is still out there. I'm not sure that it is a wise decision but I'm sticking with it for now. There are 4 days left before expiration. I feel that there will be a retest of the lows in the major indices. I don't know when but we are now somewhat overbought and if we get any strength tomorrow that should be the time to get some puts. The risk is high due to the timeframe. I am going to give it a shot. We'll see what happens.