We got the Fed and the GDP report out of the way but the market action is more of the same.  The Dow fell 23 points on good volume.  The advance/declines were slightly positive.  Each time we rallied today, we sold back off.  The market is trying to make up its mind here on which way to go.  Throw in the fact that it's summer and we might be in for an extended period of indecision.  It is not the greatest trading environment.  There's nothing wrong with sitting on the sidelines for now.  I'd still like to get some September OEX puts if the opportunity presents itself.  GE was off 1/8 and the volume was good.  Steady grind lower here for a week and a half.  Gold fell over $10 on the futures but came back in the aftermarket.  The US dollar was a bit lower.  The XAU was off 3/8.  ABX, GG and NEM all had fractional losses on good volume.  Maybe the employment report can get the gold shares moving again.  ABX earnings out tomorrow.  Mentally I'm feeling a bit tired.  The summation index has rolled over but it hasn't done so in earnest yet.  But it is something to watch.  I'm still holding out for a move above 1700 on the S&P 500 but that may be the wrong strategy.  We'll see.  We are in the seasonal strength period for gold.  My October ABX calls are still in the black but that won't last forever without some more upside.  However we could very well be in a doldrums period for gold here as well.  Many players in all the markets won't be back until after Labor Day.  Maybe we can get some beginning of the month money flows tomorrow.  The ECB will be having a meeting as well.  But it will probably be just another day of the waiting game for the employment report.  We'll keep an eye on the foreign markets and go from there.