Once again, minor problems with this blog site.  More of the same for the markets today as the Dow was off a point on better volume.  The advance/declines were barely positive.  It's a waiting game on the Fed and that will end tomorrow.  We could go either way here and that doesn't help much.  I'm still waiting for a move above 1700 on the S&P 500 and that may not happen.  I do not want to miss the next downside opportunity but there is the chance that we will rally up one more time to screw whoever is getting short now.  That's a guess as usual.  It is also possible that tomorrow just comes and goes.  It is the summer.  But I don't think that will happen.  GE was flat, volume was light.  Gold fell about 5 bucks on the futures.  The US dollar was a bit higher.  The XAU fell 7/8.  ABX and GG fell 1/3, while NEM was flat.  Volume remains light here.  The technicals are rolling over for the gold shares here.  We will need to see a rally in a hurry or they will take out their 50 day moving average to the downside.  My October ABX calls are still profitable but have lost some ground.  Earnings or lack there of on Thursday.  Mentally I'm feeling OK.  GDP in the morning and the Fed in the afternoon.  I would expect to see volatility increase but who knows?  The small stocks have held up pretty good here, so I still have to be a believer in one more run up.  But everything could change tomorrow.  Gold has been sideways for a week.  We should see some movement tomorrow.  It is the summer and perhaps moves will be muted due to the lack of real players.  Time will tell on that.  Even after tomorrow we have the ECB on Thursday followed by the jobs numbers on Friday.  We'll keep an eye on the overseas trade tonight and go from there.