The Dow hung around in positive territory all day but then dropped in the final half hour.  the most watched index fell 27 points on light volume.  The advance/declines were positive.  The overall market was stronger than the Dow.  The summation index continues higher.  The small stocks are leading the way and as long as that's the case we'll be heading up.  The S&P stalled at the near term resistance again but I do believe that it will be overcome soon.  The short term technical indicators remain overbought for most of the major stock indices.  They can remain that way during a rally.  We've got the Fed this week but it should prove to be a non event.  GE was off a nickel and the volume is light.  Gold was off $10 on the futures and the US dollar was little changed.  The XAU lost 2 1/3, while GDX shed 1/2.  Volume was OK.  Gold and the gold shares are back on the decline.  We'll have to see if they can hold the recent lows.  Mentally I'm feeling a bit out of sorts.  Email problems on  my end but they'll eventually get resolved.  I'd still like to try and find a way to get long here but will need to see some kind of short term decline.  It may not happen.  How ever I am firm in waiting for a decent signal because there is still plenty of time to go in the May option cycle.  We've got the jobs report out on Friday as well and that could be a mover.  The ideal scenario is a decline into Wednesday to give me a chance at the SPY May calls.  That's the idea at the moment.  Today was somewhat a partial holiday in the world markets with the May Day celebrations.  Foreign markets were quiet.  Things will be back at full strength tomorrow.