Back to the downside as the Dow fell 82 points on light volume. The advance/declines were 2 to 1 negative. The McClellan oscillator is trying to get through the zero line but has failed once again. This will keep the summation index continuing lower for now. The stock index technicals are mid-range, which means we could go either way here. Worries about Spain today but any excuse will do. The volume has been pretty anemic lately and we would need some volume to push prices higher. The overall market was better than the Dow and that is usually a positive going forward. GE lost 1/4 on light volume. Just waiting on the earnings report due Friday. Gold fell $11 on the futures and the US dollar really didn't move much today. The XAU dropped a point. ABX off 1/4, GG fell 7/8 and NEM lost 3/8. Volume light here as well. I left in an open order for some ABX May calls and it was filled this morning. The position has now been completed on the buy side. It is already under water but I plan on holding it for a couple of weeks unless we have some type of market breakdown. We'll see what happens. No interest in gold at the moment. Mentally I'm feeling a bit tired, did not sleep enough. 2 days left in the April option cycle. The gold share call position has been established. We'll see what tomorrow brings.