It was a relatively quiet day as the Dow only lost 3 points. Advance/declines were about even and the volume slowed down compared to lately. We did open higher and close lower and that's not a good sign usually. The overall market was a touch weaker. If we stay up for the next couple of days, I'll probably try a short. But it is expiration week. The risk right now seems to outweigh any potential short term gain. We'll see. Gold didn't do much today either but the XAU lost over a point. Volume was lighter here as well. ABX and NEM were both off around 3/4. The dollar was stronger today. GE didn't do much either, its pattern mirrored the overall market. Mentally I'm a bit tired. But there are no excuses. The game plan will be to get short at some point this week perhaps. Todays action doesn't really fit into that scenario. There are a lot of bears at the moment and that might produce a rally. But I don't know. Whatever has been going on lately is pretty big. We are holding the 200 day moving average on the major indices but a break of that will be trouble. The Russell 2000 has already broken through and is sometimes the leader, both up and down. So it's a waiting game at this point really. Without a good signal there isn't any gain in taking unnecessary chances. That said, there is always a possibility that a good set up will emerge this week. Time will tell...