An up and down session of waiting around in my opinion as the Dow lost a point and a half on light volume.  The advance/declines were even.  The summation index continues higher.  As usual the overall market was stronger than the Dow.  That has been the pattern for quite some time, with the small stocks out performing again.  The trend is up and there doesn't seem to be anything in the way of higher prices.  The media buzz is bullish.  The Singapore summit was viewed as positive even though it appeared to be more show than substance.  We'll get the Fed announcement tomorrow.  I'm looking at the SPY June puts but I'm in no hurry to purchase them.  Perhaps if we get extremely oversold tomorrow on some of the indicators, I'll give them a try.  But it does look like the powers that be are looking to run things up into the expiration on Friday.  GE was flat and the volume was light.  Just below the 50 day moving average here.  Gold lost 3 bucks as the US dollar was a bit higher.  The XAU and GDX had fractional moves on light volume.  Mentally I'm feeling OK.  So now we'll wait and see what the Fed has to say.  Technically the market remains short term overbought.  I've noticed that when some of the intra-day indicators roll over that the market really doesn't go down that much.  That is bullish activity.  the declines are shallow to sideways and the market recovers to move higher.  RUT set a new all time high today.  It has been the leader and the signal has been good.  The signal for a big move from the McClellan oscillator on Friday did not pan out.  TRAN has just broken out above the near term resistance.  All signs point to higher prices for now.  A move higher in NYA would further validate the rally.  It is probably a good idea for me to simply watch and wait.  Asia was higher with Europe mixed to lower overnight.  We'll see what the Fed has in store for us tomorrow.