A down day to end the week as the Dow fell 141 points on average volume.  The advance/declines were negative but not as much as a down 141 market would suggest.  The NASDAQ was higher on the session in a mixed market.  The summation index is now moving up.  I'm still leaning bullish here as we just got to short term overbought before today.  If we continue to pullback from here, I may try the SPY February calls.  The fact that the small stocks acted well here is bullish.  GE was up almost another 1/4 on the earnings and the volume was heavy.  GE was higher during the session.  It's a positive that GE showed a gain on a down day overall for stocks.  My GE March calls are still in the red though.  Gold dropped $8 on the futures as the US dollar continues to move straight up.  I really think that gold needs a breather as its rise along with the dollar cannot continue indefinitely.  The XAU fell 2 3/4, with GDX off 2/3.  Volume was light and that is a positive for the bulls.  USO dropped to a fresh new low.  Mentally I'm feeling OK.  I'm waiting for a good trade set up at the moment.  Although I think we are going to be moving higher, nothing is set in stone.  Plenty of time in the February option cycle as we just completed the extra week there.  The short term technical indicators for the stock indices have moved up.  Some economic data out next week, with GDP probably the most anticipated.  There isn't any rush to do anything.  GE had a good week and we will have to see if it builds on that.  Gold and the gold shares were higher but we are both short and medium term overbought there.  Earnings here are due next month.  So it is probably a time to be patient in my mind.  I'll be checking the charts out over the weekend as usual.  For now it's Friday afternoon and time for a break.