A downside bias to expiration day as the Dow fell 120 points on average volume.  The advance/declines were 2 to 1 negative.  Some negative noise from Spain today.  We closed the week below the important 1370 level on the S&P 500.  Perhaps we'll make another run at a breakout next week.  GE was all over the map today on the earnings report.  It opened lower, was up 1/2 and then sold off to be little changed.  Volume was heavy.  I'm not exactly sure which way it goes from here.  Gold was up a couple bucks on the futures today despite a stronger US dollar.  The XAU fell 3/8.  ABX, GG and NEM were mixed with fractional moves on light volume.  I'm leaving the October ABX call order open and I'm waiting to sell the August ABX calls at a loss.  Earnings for ABX are due on Thursday.  Mentally I'm feeling OK.  The stock indices tried to break out this week and so far have failed.  Some had gaps to the downside and that isn't a positive going forward.  However none of the up trend lines in place since June have been violated.  Gold had a pretty good performance today considering the strength in the US dollar.  Perhaps the flight to safety trade is going to make a comeback.  I'd like to own the October ABX calls before the earnings are announced.  We'll see.  I've already lost a lot of money so far this year trading the gold shares from the long side.  We are approaching the historical positive months of August and September for gold.  I'll have to ponder this trade over the weekend.  For now it's a Friday afternoon in the summer and time for a break.