The Dow got clobbered today as testimony from the executives at Goldman Sachs took center stage. The Dow lost 213 points on very heavy volume. Advance/declines were over 4 to 1 negative. Could this be the start of a multi week decline? Perhaps. It certainly is overdue. There were concerns over Portugals debt today also. Maybe they will be joining Greece as the reason for the fall in the Euro. Todays action was negative and we'll see if there is some follow through tomorrow after the Fed announcement. Gold was higher today, up $8 and higher in the aftermarket. However the XAU lost 1/2. ABX and GG had fractional gains, while NEM was flat. Volume increased. The gold shares held up rather well considering an over 200 point down move in the stock market. The dollar had a very good day as well and gold rose anyway. These look like flight to safety plays. NEM had great earnings but the stock did nothing and was down most of the day. ABX reports tomorrow and I'll hope it doesn't do the same thing. My ABX calls are still in the black. Gold looks like it is breaking through $1160 in the aftermarket as well. So decisions will have to be made tomorrow. Mentally I'm feeling OK, slept good enough. My eyes will be on the ABX reaction to the earnings tomorrow. The gold shares showed great relative strength today compared to the overall market and that can't be ignored. However I also cannot hold on to this trade forever either. The technicals are not overbought yet for ABX. Which makes it easy to continue to hold it here. But the dollar is rising and that isn't good for the price of gold, despite todays action. Plenty to think about as I wait for tomorrow morning.