We bounced around a bit and closed higher on the day as the Dow gained 123 points. Advance/declines were positive and the volume picked up from yesterday. Could the decline be over? Perhaps. We have not exactly fallen apart here and technically we have every reason to. So maybe the sideways to upside action that I expect is going to begin now. That's a guess and it could all change tomorrow. However I did put in an order for some July GE calls. Yes, GE doesn't move around as much as the overall market as I've said before. But I'm going to give it a shot and see what happens. We're oversold on GE and today could have been the bottom with a hammer candlestick on the daily chart. We'll see. Gold was up a bit on the futures but fell in the aftermarket. The XAU gained 2 1/3. ABX and GG were only up fractionally after being much higher earlier. NEM gained 1 1/4. It was also higher early. Volume was heavy. It looked like almost a one day reversal to the downside for ABX. I canceled my open order for the June ABX calls. However there is still a buy signal on the Gold/XAU ratio. But the daily ABX candlestick chart doesn't look so good at the moment. Perhaps I'll try the calls again if we get to the 50 day moving average line. But again, it could all change tomorrow. Mentally I'm feeling OK, slept well enough. So these are interesting times no doubt. We should see some positive action in the overseas markets tonight and that should carry through to a positive open tomorrow in the US. In theory at least. 8 days left for the June options. Risky but I may still attempt something there.