We opened lower and closed higher for a one day reversal in the Dow. It gained 13 points on average volume. Advance/declines were negative though. The news wasn't all that great and oil gained over 5 bucks. However the market was able to shrug that off and close up on the day. We broke the daily up trend line a few days ago on the indices but we haven't really seen a sustained down move. I don't exactly know what to make of it so I'm on the sidelines for OEX trading. Feels like it wants to move higher. Gold had a stellar day, up over $20. The dollar was weak today and oil helped support the up move. The XAU climbed almost 8 1/2. That is more of what I've been looking for. ABX, GG and NEM all posted good gains, with ABX and GG both up over $2 on the day. Volume was heavy and continues to confirm the move higher. The GG calls are doing well for now. When to exit is the next question. I would like to wait until the slow stochastic reaches its peak for the gold shares. It's not there yet. GE was up a touch on light volume. Nothing doing there for now either. Mentally I'm doing alright, didn't feel all that well last night. Trying to figure out just what the market is trying to say here. The news continues to be lousy but we haven't sold off that much. There are buyers out there. I suppose I will continue to wait for the OEX to reach the weekly down trend line at about 615-620. Summation index is moving sideways. No clear signal but like I said, it has the feel of a market that wants to go higher, for whatever reasons. We'll see what happens.