It was a quiet day of just hanging around as the Dow rose 14 points on pretty light volume.  The advance/declines were slightly negative.  The summation index continues to move higher.  We had a gap up open but then traded sideways for the rest of the session.  No market moving news to speak of and the market has returned to summer mode.  The volume is light, all the players aren't at their desks and we'll see what happens when we get past Labor day.  My SPY September puts are showing a slight loss.  The stop loss order is in.  GE lost a penny on average volume.  Gold fell eight bucks.  The US dollar closed little changed.  The XAU dropped 1 1/3, while GDX shed 1/3.  Volume was good.  Mentally I'm feeling OK.  We remain short term overbought on the major stock indices and at record highs for some.  There is no overhead resistance.  Perhaps attempting the SPY puts here isn't the right strategy but we will not remain overbought forever.  Also even though it is summer, the light volume breakout here may not be sustainable.  That's just a guess.  The overbought condition is not.  I'm hoping that the trade I've taken doesn't get stopped out this week and then we'll see what happens in September.  Europe and Asia were mixed to lower.  We'll see how it goes tomorrow.