We started the day off lower and tried to claw our way back as the Dow lost 17 points on very light volume. The advance/declines were negative. Conditions remain the same, overbought and staying there. The summation index continues higher. Not a lot of economic data out this week, so we could be at the mercy of the headline events. GE was flat today on light volume. Still in a trading range here as we have been from the beginning of the year. A breakout one way or the other should be coming soon. Gold lost $15 on the futures. The US dollar was higher early and then fell back. It finished the day little changed. The XAU was flat. ABX, GG and NEM had fractional changes one way or the other on very light volume. I placed another open order for some February ABX calls. However time is running out on these options and the trade has more risk than I would usually take. That said, I would still like to give it a shot. The open interest did not expand with the volume Friday for the ABX February 50 calls. That isn't exactly bullish. I will have to ponder this trade tonight and take it from there. Mentally I'm feeling OK, slept well enough. I'm not exactly sure what to expect from the stock indices this week. We've been overbought for so long that the technicals are out of whack. We'll see what happens tomorrow.