We did not see any downside follow through to yesterdays action as the Dow gained 9 points on average volume. Advance/declines were about even. So maybe yesterday wasn't an exhaustion move to the upside before giving back all the gains. We'll see. Summation index moving sideways and I believe that will be the case here for a while. But that doesn't mean we can't go higher. Gold was up $11 and the XAU rose 3 points mainly on dollar weakness. ABX up 2/3, GG up 3/8 and NEM up a full point today on average volume. Is now the time to get long the gold shares? Perhaps. We're oversold on some of the technical indicators. Almost getting a buy signal from the Gold/XAU ratio. There is a possibility that the dollar is completing a 5 wave pattern to the upside and if true would bode well for the bullish case for gold. We are also just about done with the month of March which has been historically bad for bullion. Mentally I'm doing good, slept good. Lots to ponder this weekend with regards to the markets and gold. I'll be checking the charts for clues on where we are heading. However the April cycle has just moved sideways in the past and that could be frustrating. So there's plenty to think about. But now it's Friday afternoon and time to take a break.