Selling all around today as the Dow fell 200 points on light to average volume.  The advance/declines were 6 to 1 negative.  The summation index is heading down.  I thought that perhaps it was going to make an attempt to turn around here.  Obviously wrong after todays market action.  No real reasons given for todays decline.  The short term technical indicators are trying to roll over here for the major averages.  Even the small caps took a beating today.  We'll have to see if this is the start of some type of bigger decline.  I'm not exactly sure at the moment.  GE was up a few cents on average volume.  The damage has already been done here.  Gold was off $6 on the futures as the US dollar continues to rise.  The XAU shed 1 3/4, while GDX lost over 1/2.  Volume was average.  As long as the dollar continues to rally, gold will not be bought.  Mentally I'm feeling OK.  Yesterdays gain was on light volume which most likely was the result of Columbus Day.  But as usual, light volume rallies are unreliable.  Depending on how this week concludes, we are breaking some up trend lines on the major indexes that began with the lows of February.  But the week isn't over yet and we could potentially rally back in the next 3 days.  The VIX rose today as well but isn't overbought yet.  The S&P 500 did manage to bounce from its lower Bollinger band on a daily basis today.  Perhaps that will keep things in check going forward.  If we do get to oversold on the short term indicators for the S&P, then I may try the go out to the SPY November calls.  That is the only idea that I have in the works right now.  We really haven't seen any trend in the S&P since mid-July, so it is hard on whether to say that this is actually the start of one.  Time will tell on that.  Asia was mixed and Europe lower last night.  We'll see what tomorrow brings.