Kind of a lackluster session today as the Dow fell 27 points on light volume. The advance/declines were negative. The summation index is heading lower. We do need to work off the overbought condition. I do not see any huge decline in the works and I would expect higher prices by the March expiration. GE was flat on light volume. Still trying to break out of the top of the range as we have just gotten above it. We'll need to see some volume to the upside to confirm. Gold had another good day, up $12 on the futures and another $8 in the aftermarket. The US dollar was a bit higher today. The XAU gained 3 points. ABX up a buck, GG rose 3/4 and NEM higher by 1 1/4. My ABX calls are in the black. However the GG option prices are increasing better than the ABX option prices, given the same price moves in the underlying stocks. The GG March calls at this point would have been a better choice. We're not overbought on the gold share calls yet. Mentally I'm feeling OK. Not a lot of economic data this week and it's a short week as well. I'm not expecting any huge moves one way or the other for the stock indices. Gold is acting well and I think the next target there is $1800. We'll see. February is usually a challenging month for the market but that hasn't happened yet. Still a week to go.