A late day rally carried the Dow to a gain of 70 points on average volume. Advance/declines were positive. Seems like we are just hanging around here this week after the sell off on Monday. I still don't have a clear signal to trade the OEX at the moment. Perhaps sideways for a while now, I don't really know. We are supposed to get some news on the government stress tests for the banks tomorrow and that could be a mover. We'll see. Gold had another good day, up $14 and now back over $900. However the gold shares remain subdued. The XAU managed a gain of 3 points. ABX and GG each up a buck and NEM up 1/3. Volume was nothing special. My GG calls are still in the red. Now we are seeing an updraft in gold itself but the gold shares just don't want to follow. Earnings are out on a lot of gold companies next week but GG isn't one of them. So the dilemma is what to do now? We are nowhere near overbought on the technicals for GG. However we are overbought on gold. The trading is never easy. Mentally I'm feeling OK. It looks like I should have traded ABX instead of GG, since it has performed better here. It had shown a bit better relative strength. But you can always look back regretfully. Going forward is what matters now. We'll see how the week closes out.