Monday started the week with a loss of 78 points on light volume. Advance/declines were over 2 to 1 negative. My OEX puts are back in the black but not by much. This is a trade that needs to be exited this week. Before Fridays employment report would most likely be the smart thing to do. It looks like the market wants to roll over here but the summation index is still moving sideways. So we'll see. The daily charts could also break down here but it hasn't happened yet. However if we follow through to the downside tomorrow, it could get interesting. Gold was off a buck today as the dollar had a bit of strength. Perhaps the dollar got some interest with the heightened overseas terror alert. The XAU fell 3 1/2. ABX, GG and NEM all dropped around a buck on light volume. The daily charts here look like things are heading lower. I'm not looking at the gold share calls for October at the moment. The metal continues to outperform the gold shares. Eventually this relationship will change and when it does that will be the time for the gold share calls. Mentally I'm feeling OK. 9 days to go in the October option cycle. I feel as though I need to get out of this OEX trade before the employment report on Friday. That is what my work is telling me. However we might just go lower into that report. That's a guess. We'll see how it goes tomorrow.