The Dow continued its winning ways as we gained another 56 points today on light volume. Light volume seems to be the norm these days. The advance/declines were about even. Overbought and staying there. Summation index continues to go higher. Overdue for a pullback. That said, you don't want to step in front of a freight train either. I don't have any OEX trades in mind except for perhaps some puts before the employment report on Friday. However after the last losing trade the prudent course of action for me will probably be to remain on the sidelines. GE was flat on the day with light volume. Stalling at the 50 day moving average. Gold was up again today, tacking on $16. The XAU gained 1 2/3. ABX, GG and NEM all had slight fractional gains to the upside on average volume. The US dollar was up again as well. Again, the question is why is gold moving up so much this week? I don't have an answer. Technically speaking we're not even close to overbought yet. Perhaps I'll have to take another look here. The gold share earnings will be out at the end of this month. Mentally I'm doing OK. No summer doldrums yet as the stock indices continue to move higher. I'd expect tomorrow to be a waiting game for the employment report but who knows? I'd like to find a trade for the July options here but nothing stands out. We'll see what tomorrow brings.