We got an attempt at a bounce today as the Dow rose 38 points on average volume. Advance/declines were 2 to 1 positive. We were up about 80 points until the last hour. We're still oversold here. The question is was this all the market could do or is it the beginning of a multi-day rally? Answers to follow. The summation index is still heading down and I'll still take my cues from that. GE gained 1/8 on light volume. Nothing new to report there. Gold was up $3 and the US dollar was flat on the session. The XAU rose 2 1/2. We are finally getting some out performance on the gold shares vs. the precious metal. ABX, GG and NEM had fractional gains on light volume. We've moved to short term overbought for these issues. I'm thinking of perhaps trying the ABX calls next instead of GG. We'll see. No volume here or with the overall stock indices and that is not a positive in my mind. Mentally I'm feeling OK, slept well enough. 1st Quarter GDP revision out tomorrow and it could provide some movement. But it still feels as though we are just hanging around here. Going into a long holiday weekend coming up as well. I'll try and remain patient as there is really no other choice at the moment.