We were lower to flat for most of the day but rallied in the last hour to finished higher by 20 points on the Dow. Advance/declines were positive and the volume was average. Bernanke flapped his gums and the market ignored it. Awaiting tomorrows employment data. GE was flat today on light volume. It too was lower for most of the day. Perhaps I'll get a chance at the March calls eventually. Gold was the story of the day, up $20. The dollar had a strong rally as well. We are still seeing a disconnect here. I'm not sure what to make of it. The XAU was up 4 3/4. ABX rose 1 1/8, GG up a buck and NEM led the way higher by 1 2/3. Volume was average. It looks like the window of opportunity has passed for the February ABX calls. We aren't completely overbought yet, however we have moved pretty good from the recent lows. The options are pricey. There is a chance we could pull back next week but the risk to enter the trade would be pretty high. Gold took off during the day today and I can't say it was because of Bernanke or Egypt. So we will have to see where we go from here. I may switch to the GG calls, the option premiums there are more reasonable at this time. We'll see. Mentally I'm feeling OK. Not happy about not owning some gold share calls here if this really is a sustained move to the upside in the precious metal. But that remains to be seen and you've got to move on. We'll see what kind of reaction we get to the employment report.