Beginning of the month money flows helped the Dow to a gain of 115 points. Volume was average and the advance/declines were 5 to 1 positive. Summation index continues higher but we are getting to levels that would suggest at least a sideways movement in the summation index. That doesn't mean the market will drop, it could continue higher with a sideways summation index. Employment report on Friday. No OEX trades for now. Gold was up $3 but the XAU gained almost 5. ABX up over a buck, while GG gained 3/4 and NEM rose 1/2. The dollar got clobbered again today but gold itself didn't rise proportionately. I still like the gold shares and am thinking of getting the August calls even though we've moved off the recent lows. I did place an overnight order that wasn't filled. The weekly dollar chart looks like it is in the final wave down of a 5 wave move. There is probably some more room to go on the downside for the dollar here. August is also historically in the past 30 years one of the better months for gold. The weekly stochastic has moved back to the upside for the gold shares as well. So we'll see. Perhaps I'll go out to September. Mentally I'm a bit tired, did not sleep well. The market continues in rally mode, with only the slightest of pullbacks. Hard to fight that. It hasn't been a slow summer as I had anticipated. I'll be looking to put on some type of trade this week as things stand right now. So we'll see. I'll check the charts again tonight.