Another day of just hanging around as the Dow fell 41 points on good volume.  The advance/declines were almost 3 to 1 negative.  The small stocks still show better relative strength here but the overall market breadth was weak.  Just waiting on the Fed tomorrow.  I'm still looking at the SPY November calls as I expect positive outcomes going forward.  The best case scenario would be to reach some type of oversold reading on a daily basis.  We are not near that yet.  GE fell 9 cents and the volume remains rather heavy.  We have been overbought here for 3 weeks so some type of decline is overdue in my opinion.  Gold was flat on the futures as the US dollar was a bit higher.  The XAU along with the GDX were flat on very light volume.  We're still just moving sideways here.  Mentally I'm feeling OK.  We'll get the Fed out of the way tomorrow.  The market reaction, as always, will be more important than what is said.  I don't think that there will be a big reaction unless there is some surprise.  But that's a guess as usual.  I'm still in the patient camp for now, waiting on a decent signal.  Todays market action could turn the summation index back down.  However even if that were to occur, I don't think that an extended decline is on the horizon.  We'll watch the foreign markets tonight and see what the Fed has to say on Wednesday.