An interesting day today as the Dow gained 69 points on good volume. Advance/declines were positive. Bad news from the mortgage industry but we managed to move higher. We were a bit short term oversold but not enough to trade off of. Some data out tomorrow and that's about it for the week. The day was choppy, moving up and down a couple of times. No trades in mind right now. Gold was flat on the day but the XAU gained 2 1/2. Most of it was in FCX. ABX, GG and NEM all had fractional gains on very good volume. I'm seeing what I'd like to see here. The gold shares moving higher with good volume even when the metal itself doesn't do much. That said, we are overbought and a pull back in the gold shares would not be a surprise. The GG calls are still in the black. GE was flat on light volume. Mentally I'm feeling OK. Just trying to get through the rest of the month really. What I mean by that is we've had such a volatile summer this year, that I'd like to see things slow down before everybody comes back after Labor day. One of the facts of the game is that you always have to make adjustments. The analysis never stops and change is the norm. Usually in the summer you can take it easy every now and then because things slow down. That hasn't been the case this year. So if we could move sideways here for a couple of weeks, I'd welcome that. However the market goes where it wants to. That's another undeniable fact.