Well we got some downside today as the Dow lost 126 points on very heavy expiration volume. Advance/declines were over 3 to 1 negative. Goldman Sachs is being charged with fraud by the SEC. That's the catalyst for today. Will it lead to an extended decline? It could, since we have been so overbought for so long. The summation index should be moving down after today's action. But it could also just be a one day wonder. Time will tell and we'll see how it plays out. Gold took a hit as well, off $23. The XAU lost 4 3/8. ABX and NEM dropped 7/8, while GG fell 1 1/4. Volume was good. The dollar showed strength today. The weekly charts for the gold shares are bearish with today's price movement. My open order for the May ABX calls was filled. I did not expect that today. It is actually showing a slight profit because we came off of the lows of the day. I will have to reassess this trade over the weekend. The environment has changed. Mentally I'm feeling OK, could have slept better. Next week should be interesting. The market has been able to shrug off bad news for the past 3 months. That may change with today's developments. There will be a lot to ponder and I am in another trade. So lots to think about. However now it's Friday afternoon and time for a break in the action.