The Dow gained 103 points on good volume. Advance/declines were about 3 to 1 positive. The S&P 500 crossed the 1200 barrier. Higher and higher we go. Expiration week certainly helps. The volume has been good this week and that's a bullish sign. It seems like there is nothing to stop this rally but we won't remain overbought forever. Gold was up $6 and the XAU rose a point and change. ABX, GG and NEM were mixed with fractional moves on light volume. The dollar was lower. I'm still thinking about getting some ABX May calls. Earnings are out in the last week this month. We're overbought here as well. I'll probably try it on a pullback if we get one. There wasn't any follow through upside today for the gold shares. It could be a short term negative. Mentally I'm feeling OK, slept well enough. We are going to get some negative divergences in the McClellan oscillator unless the market really takes off to the upside. I do not see that happening, with the summation index so high already. So regardless of the markets momentum to the upside here, I'm actually feeling cautious. That's what makes it tough to try the gold share calls. We'll see what happens.