The market continues lower as the Dow lost another 63 points. Advance/declines were almost 5 to 1 negative and volume was extremely heavy again. We closed on the low again, just like Friday. I am waiting for some kind of bounce to get short but it just isn't happening and that does not bode well going forward. The worldwide liquidation continues. Tomorrow will be interesting. If we keep dropping I might try and play the bounce later in the week when the McClellan oscillator gets past -300. It could happen. Gold lost around $4 and the XAU shed another 3 points. I did put in an order for some ABX April calls a couple of times but was not filled. It looks like we are at support there but in this market who knows? I left a GTC order in overnight but I might just cancel that as well. We'll see. Volume continues very heavy in the gold shares as well. And so on it goes. It could be that we just keep selling off without a bounce for a while but it has already been a while. There isn't much more I can say. The technicals are blown out. There is nothing to go on except past experience. That tells me there will be a bounce at some point and that is when you can get short for the retest. Other than that I just don't know. Mentally I'm a bit tired as markets like these tend to take a bit more out of you. There is money to be made on the option cycle for sure it just isn't going to be easy. I'll check things tonight and go from there.