Oversold and staying there as the Dow lost 53 points on light volume. The advance/declines were negative. There were rumblings from Europe about the debt problem and from the reading of the latest Fed minutes. Don't really know where we go from here. Should have had some type of bounce by now. Summation index still heading lower. I do not expect a collapse but what do I know? Not much trading left in the US this week with the Thanksgiving holiday looming. GE fell 1/4 on light volume. I still have the open order in for the January calls. Not exactly sure this is the right move the way the overall stock indices are acting but we are oversold on a daily basis. Plenty of time for this trade to work if the order does get filled but that won't matter if we just continue lower for an extended period of time. Gold bounced back over $20 on the futures. The US dollar bounced around today and ended about where it started. The XAU was up 2 7/8. ABX gained a buck, GG rose 7/8 and NEM up 1/2. Volume was light. I would still like to get the calls here on the gold shares for December or January. The ideal scenario would be for some base building in the near future. That, combined with a solid Gold/XAU ratio signal, is all we need. We'll see. Mentally I'm a bit tired, did not sleep well. Also not feeling 100%. Oversold, staying there and not a lot of volume. These aren't bullish factors. The stock indices are oversold on a daily basis though. Lots of economic data out tomorrow but the markets haven't cared much about that lately. So on we go. It's a tough trading environment but we knew that already. Perhaps the GE call trade will fill tomorrow.