We opened lower, were down over 100 points, came back in the last hour to be up 50 and closed the day up a point. Volume was light and the advance/declines were negative. We are basically moving sideways here and it's killing my OEX puts. They are now solidly in the red. An exit strategy is now in play. I would like to wait for the Fed minutes on Wednesday if possible. The negative RSI divergence is still in play but it hasn't meant anything yet. Gold was down again, off $10. The gold shares did not follow with the XAU up 1/2. The gold shares were much lower early in the day and came all the way back. ABX was up 1/2, GG and NEM were down but off their lows. Volume was light. Perhaps today was the day to try the calls there. The dollar was a bit higher today. Mentally I'm feeling OK. So what to do now? I certainly can't sit in this trade forever. Tomorrows action should be interesting unless it is just another light volume sideways affair. We'll see. No real news coming out. Volume is slowing for now. So we'll see where it goes.