A waiting game today as the Dow shed 23 points on light volume.  The advance/declines were even.  The Fed chief Janet Yellen is speaking before Congress on Tuesday and Wednesday.  Market players will listen to what she has to offer and decide whether it is bullish or bearish.  This is the world that we live in.  Technically, the major stock indices are still short term overbought.  I'm hoping for a pullback to get some SPY March calls.  However the daily pattern remains that same.  Selling early and then then buying for the rest of the trading day.  GE was down a nickel and the volume was light.  My GE March calls are at break even.  Gold didn't do much today but the US dollar was a bit higher.  The XAU and GDX were little changed.  Seems like all the markets basically took the day off.  Asian markets including China were closed today.  Mentally I'm feeling OK.  I'm still a believer of higher stock prices going forward.  The small stocks continue to perform well and that is bullish.  I don't think that we'll see the magnitude of gains in the March option cycle that we just saw in February.  However there should still be profitable trades out there.  Gold remains on the back burner for now.  We'll watch the overnight action and see what transpires from the Fed testimony tomorrow.