Trending higher as the Dow gained 92 points on light volume.  The advance/declines were positive.  The rally is getting thinner as the overall market was weaker than the Dow.  Yellen spoke but didn't really say anything.  So there were no surprises for the market to deal with.  The summation index continues higher.  Both short and medium term overbought for the major stock indices.  That condition can continue but the risk to get long increases as each day passes.  So I've got to be patient for now.  GE was up over 20 cents and the volume was average.  My GE March calls are now showing a slight profit.  GE is also above the 200 day moving average now.  Gold and the US dollar were both slightly weaker.  The XAU and GDX had fractional losses.  Nothing doing here for now.  The game plan remains to wait until March to attempt any gold share trades.  Mentally I'm feeling OK.  We could be in for just a slow grind higher for the stock indexes and that will not provide a good trading entry point.  With the current overbought conditions the prudent course of action is to wait for some type of pullback.  Simply buying the index calls at this point is not a good idea.  The environment is different from when this rally began.  I do expect higher prices though.  However the stock indices are pretty far above both the 50 and 200 day moving averages.  The near term upside could be limited.  On the plus side there is no overhead resistance.  It is a time to be patient in my opinion.  The market goes where it wants.  We'll see what tomorrow brings.