It was just another lackluster day in the markets as the Dow gained 47 points on light volume. Advance/declines were 2 to 1 positive. It's just more of the same here as we are grinding higher approaching the 200 day moving average line on the S&P 500. Volatility is low and that will change eventually. The question is, when? Option expiration week coming up and we'll see if it has its usual positive bias. No OEX trades at the moment but I'm probably going to try some October OEX puts if we stall again at around 1130 basis S&P 500. Gold was off almost $5 on the futures, while the XAU gained 1 3/4. ABX and NEM were up around 1/2. GG was flat. Volume extremely low here. The dollar closed about unchanged today. The weekly charts on the gold shares have stalled. The metal itself continues to act better. I don't know what it means going forward but you'd rather see them move in tandem. I'm still leaning towards the October ABX calls. No trades for now though. Mentally I'm feeling OK. Hard for me to figure out just where we are going from here. The lack of participation isn't a good sign in my opinion. However we could see some type of short squeeze if we get above 1110 on the S&P 500. That seems to be the short term resistance for now. The summation index continues higher and that still implies that the trend is up. I'm going to stay on the sidelines for now and watch where we go in the beginning of next week. But now the weekend is here and it's time for a break.