Well we finally got the employment report behind us. The Dow sold off but it wasn't a catastrophe and the market came back to finish up 11 points on the day. Volume was light and the advance/declines were positive. The market just keeps plowing higher. Summation index moving to the upside. The jobs report was worse than expected and we shrugged it off. It seems like a market that wants to go higher. Overbought here still and that won't last forever. We do have expiration week upon us next week and perhaps the positive bias will continue. Gold managed a $5 gain in the futures market but sold off a bit in the aftermarket. The XAU rose 2 1/2. ABX, GG and NEM all had fractional gains on light volume. The dollar sold off and I would have expected a much better move for gold today. It didn't happen. My ABX calls are slightly in the red. Never saw a pop to the upside to exit this trade. In fact it was a couple of ticks away from being stopped out at one point. It's a buck out of the money with just 5 days to go. I'll be looking to exit on Monday morning if we see some upside. My thinking is that we'll see some foreign selling of the dollar and buying of gold early Monday. We'll see. Mentally I'm feeling tired, did not sleep well or enough. The market is overbought and the technicals are at the tops of their channels. This condition can't go on forever. However the market continues to shrug off bad news and this implies higher prices. Gold is stopping at the 1140 level and will need to push through there for the ABX calls to show a profit. Or not. Things to ponder over the weekend. I'll view the charts and come up with a game plan for next week. It's Friday afternoon and time to unwind.