A bounce to the upside as the Dow gained 51 points on average volume. Advance/declines were positive. We traded down to the low end of the sideways channel and have bounced up. The market has been in this trading range for almost a month. Once it breaks out one way or the other, it should be a big move. It's probably best to wait and see what happens. Once we break out then it's just a matter of getting on board. Gold was down $20 on the futures but came back in the aftermarket. The XAU rose 4 1/2 points. ABX up 3/4, GG up 1 and NEM up 1 1/3. Volume was average. I did leave in an overnight order for some December ABX calls but it wasn't filled. We'll see what kind of bounce we get here. The dollar was a bit weaker on the day. We're oversold on the gold shares. I still like the January calls and will be getting some here soon. Next week could be the best time but we'll see. It's possible I'll try Decembers again if things line up right. Mentally I'm feeling fine. One of the problems to deal with here is that things could really slow down at the end of the year. After next weeks expiration the volatility could shrink. That won't help the option prices. I don't know what will happen but it would not surprise me if we moved into a lackluster trading pattern. So that must be considered going forward as well. We'll see if we can build on todays gains tomorrow.