Up and down we go as the market is trying to figure out what to do here.  The Dow gained 174 points on good volume.  The advance/declines were over 2 to 1 positive.  The summation index is still basically moving sideways but another day like today would change that.  The small stocks are still acting good here so I'm still in the bullish camp going forward.  I would like to purchase some SPY May calls at some point.  Yes, I'm still looking for new all time highs if this is the beginning of the next leg up.  That however, remains to be seen.  GE was up 1/4 and volume was good.  Perhaps the recent rise in GE is a clue as to where the overall market is headed.  Gold and the US dollar both finished little changed for the day.  The XAU and GDX had fractional gains on light volume.  Mentally I'm feeling OK.  Volatility has returned and that has increased the price of the option premiums for now.  There is also plenty of time left in the May cycle as it really begins on Monday.  The short term technical indicators for the S&P 500 are mid-range at the moment.  I do not have any clear signals from my own indicators.  So it's a time to wait.  I'll let the expiration go by tomorrow and then assess the situation from there.  Both Europe and Asia were positive last night.  We'll finish up the trading week tomorrow.