Up we go as the Dow gained 212 points on OK volume.  The advance/declines were almost 3 to 1 positive.  The summation index is moving up.  Overbought and staying there for the S&P 500.  It appears that the low made yesterday was the chance to own some SPY March calls.  We are now getting above the 50 day moving average in the S&P.  The next stop should be the 2000 level unless we see a complete turnaround here.  I do not think that will happen.  GE was up 1/2 on average volume.  Getting above the 50 day moving average here as well.  Gold was off $5 on the futures as the US dollar slipped a bit as well.  The XAU added 2/3, while GDX gained 1/4.  Volume was lighter.  We still need a pause in these stocks.  Mentally I'm feeling OK.  It appears that the SPY March call trade has been missed.  I'll simply have to stay on the sidelines until we get a decent set up.  Maybe the puts will be the next trade.  We are overbought but can stay that way for a while in up trends.  There is still plenty of time left in the March option cycle.  However I can't force a trade to happen.  The Dow is the leader here and that usually turns out to not be a good thing.  But time will tell.  For now we'll sit patiently and await the next move.  Most foreign markets were higher overnight with the exception of China which got whacked.  It did not affect trading here.  Oil was higher again and perhaps the market is taking its cues from there.  We'll get a GDP revision tomorrow and close out the trading week.