The market surged higher today and some of the major stock indices closed at all time highs.  The Dow gained 191 points on light volume.  The advance/declines were 3 to 1 positive.  This may move the summation index back to the upside.  Perhaps this is the beginning of a sustained move to the upside that I have been looking for.  But that has yet to be seen.  However I'm still a believer in higher prices going forward.  Looks like the May SPY calls this week would have worked out.  GE was up another 20 cents on light volume.  If the overall market goes up, GE should go along for a ride.  It may be too late for the calls here.  Gold was up another $7 on the futures as the US dollar was a bit lower again.  The gold shares didn't go along as the XAU and GDX only had slight fractional gains.  Volume was average.  Mentally I'm feeling OK.  It will be interesting to see if we can really get out of this protracted trading range.  If we continue higher with some volume, that will be the key.  Once it gets going, it usually goes higher than everybody expects.  So we'll see.  The gold shares are stalling at the 200 day moving average.  The medium term picture here is overbought.  I'm waiting for a decline here before attempting the next long trade here.  The September or October calls for ABX or GDX perhaps.  But patience is needed.  GE looks like it wants to break through the upper Bollinger band now.  That would be a positive for higher prices going forward.  The TRAN continues to lag.  We'll see how the expiration goes tomorrow.