The positive expiration week bias continues as the Dow gained 58 points on average volume. The advance/declines were positive. The trend remains up until further notice. Overbought and staying there. The volume has been good on the recent rise to new highs. That would imply even higher prices yet to come. Pullbacks can still be purchased in my opinion. GE was up 1/3 on good volume. The chance to get the calls here may have passed. But like the stock indices, pullbacks can be bought. We haven't set new recovery highs here yet. Gold bounced back around $15 on the futures today as the US dollar lost some ground. The XAU was up 1/2. The gold shares were mixed. ABX gained 1/2, GG was flat and NEM off 1/2. Volume remains pretty good here. I'll be considering the May gold share calls if we get a signal but patience is probably the best course of action at this time. The Gold/XAU ratio remains a strong buy but that signal hasn't been working in this gold sell off. Mentally I'm feeling OK. Trying not to force a trade here. The stock indices remain strong and usually will go higher than most traders think. We are on the cusp of the April option cycle. There is an extra week for the April options, so the premiums will be higher than usual. I suppose there is no rush. We'll see how the week finishes tomorrow.