Continuing lower today as the Dow fell 135 points on average volume. The advance/declines were 4 to 1 negative. No real news to speak of to spark todays decline and we did come off of the lows. The summation index is heading lower. Getting short term oversold. I'm not exactly sure what's going on here but I still don't think we are on the verge of a collapse. Option expiration tomorrow. So we'll see what happens. GE was down 1/3 on better volume. We just broke the 50 day moving average line on the daily charts. When the premiums get to what I'd like to pay, I'm getting some January calls for GE. That time may be approaching soon. Gold took a hit today, off $55 on the futures. The US dollar was higher but not that much for gold to be down as far as it was. The XAU fell 7 3/8. ABX off 2 1/8, GG dropped 1 1/4 and NEM lost 1 3/4. Volume was more than lately but still not that much. I'd still like to get some gold share calls for the upcoming months. When we're oversold here on a daily basis, I'll be purchasing the calls. Perhaps within the next 2 weeks. We'll see. I'm also not sure why gold suddenly took a fall today as well. Mentally I'm feeling OK, slept well. We're still basically moving sideways on the stock indices but are at the bottom of the channels. If GE is again the proxy for the stock markets, we will be breaking through to the downside. That remains to be seen. The volume has been light all around and that isn't bullish. We will also be entering tax selling season at the beginning of December. The technicals are what really matter and we are approaching oversold levels on a daily basis. Let's get through tomorrow and take it from there.