It is a market that defies logic as we added another 48 points today. Advance/declines were negative though and the volume was average. The Fed made their announcement and we sold off a bit but then came back. We are so very overbought that I cannot even write about it anymore. If there is a pullback, I would buy it. However there are only 3 days left on the December option cycle. Plus being this overextended, the risk of getting the OEX calls is even more than usual. We'll see. GE gained a few cents on good volume. The January calls didn't close much different than yesterday. I'm holding on until further notice. Gold was up $6 but sold off in the aftermarket. The XAU lost 5/8. GG and NEM were flat, while ABX lost 3/4. Volume was average. The dollar was up a bit. No signal at the moment for the gold shares. Mentally I'm feeling tired, did not sleep well. The song remains the same and it's a broken record. Overbought, staying there and the market refuses to sell off. It will at some point and if this momentum keeps going up, the end won't be pretty. I still might try the OEX calls before Friday if we get some downside. My own reading of the technicals says that there will be another decent rise before the end of the week if we get some downward pressure. That's a guess as usual. We'll see what tomorrow brings.