A late day sell off led the Dow to a loss of 83 points. Advance/declines were positive and the volume was average. This seems like a market that wants to go higher even with todays sell off. No clear OEX signal at the moment. We are working off the overbought condition. Perhaps we will have a run up for the May expiration as we did for April. Too early to tell. Gold was up almost $10 and the gold shares did nothing. The XAU was higher during the day and closed flat. ABX and GG didn't do much and the recent leader NEM was off 1/2. Volume was light again as there isn't any interest here. My GG calls are losers for now and even though it's early in the options cycle, this trade doesn't look good. If the gold shares can't rally when gold is going up then they are destined to fall. Even the dollar lost ground today but it didn't help. We'll see where we go from here but it isn't looking good for the long side. Mentally I'm feeling OK, slept well enough. So I'm stuck in a losing trade with plenty of time left on the options. Not a good place to be really. I'll have to see how we close the week and take it from there. That's it for today.