A bit lower today as the Dow lost about 20 points on light volume.  the advance/declines were negative.  The summation index continues higher.  We finished well off of the lows for the session.  Any selling has been met by buying for the past couple of weeks.  That is constructive market behavior.  Although the short term technical indicators for the major averages remain overbought, I think that we will see new all time highs sometime next week.  I'm a believer that we will get the positive expiration bias effect to run things up before next Friday.  I could be wrong.  However I will look for an entry point to perhaps purchase some SPY June calls in the next couple of days.  GE was off a few cents and the volume was light.  Keep an eye on the 50 day moving average here.  Gold rose $10 on the futures despite strength today in the US dollar.  The XAU and GDX had fractional gains on light volume.  Longer lower rates should be a support for gold if that is the case going forward.  There is also the positive seasonal effect of the August/September time period to look forward to.  Mentally I'm feeling OK.  Nothing has changed with todays market action as we are basically grinding our way higher.  The smaller stocks were relatively weaker but not by much.  If we were to see bigger declines tomorrow that might cause a problem because the short term technicals would be rolling over.  For now at least, the bulls are in control.  Next week there will be plenty of economic data plus the Fed to deal with.  So we should see some more volatility and price movement.  The key will be to be able to take advantage of it.  Short term trading isn't usually one of my strengths.  I will have to guard against making a trade just for the sake of making one since I did not have any trades during the May option cycle.  The battle always lies within.  Foreign markets were generally lower overnight.  We'll finish out the week tomorrow.