A day to digest the huge gains of Friday as the Dow was off 17 points on light volume.  The advance/declines were barely negative.  The summation index is moving higher.  The trend is up.  Any declines can be bought.  If we get some weakness this week perhaps the SPY February calls will be back in play.  The employment report on Friday will be the focus for the week.  Plenty of time left in the February option cycle but we will have to wait for a solid set up.  GE was down almost 1/2 on lighter volume.  We're still in a range here of 28-29.  Sideways for a while now and that is the problem sometimes when trading the GE options.  Gold was up $13 on the futures as the US dollar fell back today.  The XAU rose 1 3/8, while GDX gained around 1/3.  Volume was light.  Todays gains were probably a reflection of the weaker dollar.  That's my guess at least because nothing has changed when it comes to gold.  Mentally I'm feeling OK.  I suppose that I'll keep an eye on things ahead of Friday to see if anything interesting develops.  The short term technical indicators for the major indices are now overbought.  But I don't think there is some big decline coming up.  With the turnaround in the summation index, the market has the all clear for higher prices going forward.  The weekly charts are looking bullish, with plenty of room to move up on the technicals.  We will simply have to wait and see if we get enough pullback in order to get long before the February expiration.  That is the idea at the moment.  We'll keep an eye on the overnight developments and go from there.