An upside start to the week as the Dow gained 109 points on light volume. The advance/declines were over 2 to 1 positive. Todays action should turn the summation index back to positive. However it is hard to trust light volume rallies as I've said before. Waiting on news from Europe about the Greece problems. I would have liked to try the OEX July calls if we saw weakness early this week but that hasn't happened. I suppose that I'll wait for the S&P 500 to reach resistance and go from there. GE was up 1/3 on light volume. Still below the 200 day moving average here. It's something to keep an eye on. Gold lost about $5 on the futures and the XAU gained 1/4. ABX, GG and NEM had slight fractional moves on light volume. Oversold on the technicals with the gold shares. Might try a bounce trade later this week but haven't decided about that just yet. The dollar was weaker today and it didn't help gold. Another possible bullish divergence for ABX on the RSI indicator. We'll see. Mentally I'm feeling OK, slept well enough. The S&P 500 is attempting to hold its 200 day moving average and has for now. The daily charts also show a potential double bottom. If the double bottom is valid, the measuring objective would take us up to the resistance. Time will tell. End of the month on Thursday and then a long holiday weekend. But we'll have to wait and see what happens in Europe this week first.