The stock market tried to sell off today but it ended up only being a slight decline.  The Dow fell 34 points on light volume.  The advance/declines were negative.  The foreign markets sold off overnight and the US market opened weak as well.  The Dow was off over 100 points during the session.  But it came back along with the NASDAQ and the S&P 500.  The overall feel is still that of one that wants to go higher despite the chronic overbought condition.  That's my take on things at the moment.  GE was off a bout a dime on light volume.  No trades here for now.  Gold was up a few bucks on the futures, coming back from lower levels to begin the day as well.  The US dollar was slightly higher.  The XAU fell 3/4.  ABX, GG and NEM all had fractional losses on light volume.  Getting short term oversold for some of the individual gold issues but not on the gold share indexes.  We've been going sideways for about a month on the gold share indices.  I still like the idea of the gold share calls for April or May.  Timing on the entry is the question that needs to be correctly answered.  I'm still trying to be patient here.  Mentally I'm feeling OK.  I was thinking about purchasing some OEX March puts over the weekend.  However the price action today has put that idea on hold.  Perhaps we'll see a run for the Dow to get to new all time highs in the coming days.  That's a guess as usual.  I'm still keeping an eye on gold and the gold shares.  That will probably be the next trade for me.  Sometimes having no position in the markets is actually a position.  That is an example of market logic and it doesn't sound logical at all.  Patience is taking precedence for me at the moment.  Less than two weeks to go in the March option cycle.  We'll keep an eye on the overseas action and take it from there.