Today looked like a repeat of yesterday as the Dow climbed 70 points on light volume. The advance/declines were about 4 to 1 positive. There was no follow through to Tuesdays heavy selling. The market has the feel of wanting to go to new recovery highs. Of course that could all change with tomorrows employment report but I doubt it. However my market thinking has been way off lately. GE was up 1/4 on light volume. We are moving up off of oversold technicals on a daily basis for GE. N0 trades in mind for GE at the moment. Gold was up today again as well, gaining $15 on the futures. We are back at $1700 for the yellow metal. Might see some resistance here for gold. The US dollar took a hit today as the worries over Greece subside for now. The XAU rose 2 1/4. ABX and NEM up 1/4 while GG gained 3/4. Volume was weak. I'm still holding the ABX calls at a loss as I have yet to have a chance to get out with a profit. That may not happen, depending on tomorrow. However the Gold/XAU ratio continues to be in the buy zone. The daily candlestick chart for ABX looks bullish and the technicals are oversold. Having a long gold share position here seems to be the correct choice but the market will go where it wants. Mentally I'm feeling tired, did not sleep enough once again. All eyes will be on tomorrows employment report. I have no idea what it will contain but watching the market reaction will be the key. The volatility has picked up this week. That is helping to keep up the pricing of the option premiums. The gold shares haven't kept up with the bounce in gold and the volume has been weak. That isn't bullish going forward. I'll need to take another hard look at the ABX calls tomorrow if they ever turn profitable and even if they don't. We'll see what happens overnight and wait for the employment report.