A day of bouncing around but not really doing much.  The Dow fell 33 points on average volume.  The advance/declines were negative.  The summation index is still moving up.  The Fed testimony was basically a non event.  The continued overbought condition for stocks lives on.  My SPY March puts are still showing a slight profit but the market appears directionless at the moment.  We are hesitating at 2800 on the S&P but that doesn't mean that we have to move down.  I'm not sure how much longer I can hold on to this trade.  GE gained 1/4 on good volume.  Gold was flat but the US dollar was lower on the day.  The XAU and GDX had slight fractional losses on average volume.  They did finish well above the lows for the session.  Mentally I'm feeling a bit tired.  Plenty of time left on the March option cycle but I'll need to see a drop here shortly or this trade won't work.  Perhaps GDP on Thursday will get things going.  RUT has a negative daily candlestick pattern so perhaps maybe we'll finally get things going lower.  Not a lot to say about today s price action.  Early selling was met with buying.  We did drop again in the final half hour and that is bearish.  Asia was lower and Europe mixed overnight.  We'll see how it goes tomorrow.