Opened higher and closed lower and that isn't really a bullish sign as the Dow lost 86 points today on average volume. Advance/declines were negative. We are still moving sideways. Tomorrows employment report could be the catalyst to get us out of this trading range. Or not. I have no OEX trades on my radar. We are not overbought or oversold here, just muddling along. Gold was up another $5 today but the XAU fell 4 1/2 points. ABX, GG and NEM were all down around a buck on average volume. The dollar was a touch higher. I'll get long the gold shares on a pullback. That is the game plan for now. No hurry though as we are very overbought here. Mentally I'm a bit tired, did not sleep enough. So was today a precursor of what the markets reaction will be to the employment report. Stay tuned. So far we haven't broken through the long term downtrend lines on the S&P. When we do it will be quite a rally but it hasn't happened yet. Perhaps at the beginning of next year but that is a guess. The market will go where it wants. On to tomorrow.