Another loser as the Dow fell 48 points on light volume.  The advance/declines were 2 to 1 negative.  We closed off of the lows but the summation index is heading lower.  The stock indice technicals have rolled over as well.  I'll be looking for some September OEX puts on a bounce and I am going to try and wait for the end of next week to purchase them.  It might already be too late.  We're still in summer doldrums mode as far as I can tell.  Regardless, I am going to try the short side sooner or later.  GE was flat on the day and volume remains light.  Gold was up a couple of bucks on the futures as the US dollar continues lower.  The XAU was off 1/3.  ABX, GG and NEM all had slight fractional losses on light volume.  It looks like gold and the gold shares are going nowhere.  Mentally I'm feeling OK.  The stock indexes are dropping despite weakness in the US dollar, which is usually bullish for equities.  Not sure what to make of that.  A very light week for economic data.  Just marking time here for the next big move.  That is unless we've already begun some sustained downside.  Time will tell.  Nothing new for gold.  At least we didn't have downside follow through but the gold shares weakened at the end of the day.  We probably need to get back above $1300 for some buying interest to return.  The foreign stock indexes have rolled over as well.  We'll keep an eye out on them.  It is really still a waiting game for me at this juncture.  I'm hoping for some kind of expiration week upside to get the September OEX puts.  However the market rarely gives you what you want.