The Dow gained another 58 points today on average volume. Advance/declines were 2 to 1 positive again. The overall market is acting stronger than the Dow and that could be good for the bullish cause going forward. We are short term overbought. The summation index should be turning up after todays action though. We have the Fed to deal with tomorrow and GDP on Thursday. I have no OEX trades in mind at the moment. Gold lost $9 today and the XAU was off 2 and change. ABX and NEM lost over a buck and GG was little changed. Volume was lighter on the decline. I still like the gold shares for a February call play and am trying to time it better than the last trade. It won't be easy and there is a chance that the gold run is over for now. But that's a guess. We are overbought on the gold indices both short and longer term. However in a true bull move the indicators will remain overbought for quite some time. So we'll see. Mentally I'm doing OK, still trying to remain patient. Plenty of time in the February option cycle. My thinking at this point is to let this week pass as well but that could change. There's no rush to do anything right now. I'll keep an eye on things and take it from there.