Greetings all, as the markets broke out to the upside from the congestion zone of the past month.  We are now short term overbought for the S&P 500.  It's possible that we'll see some weakness near term and we are lower so far today.  Support is now at the breakout point of 2950, which is also the 50 day moving average.  The VIX did finally break the 16 and closed below there but now we are oversold on that indicator.  So I would not be overly bullish here.  We did not get any solid follow through on the breakout in the S&P.  GE is acting better and is above $9 today.  Gold has taken a slight drop from the recent highs but remains above the up trend line that began in June.  Support is at $1450 if we get that far.  GDX has broken the up trend line that started in June.  It also closed below its 50 day moving average.  Those are negative signs.  We are finally oversold here though on a short term basis.  I'm still considering the October calls here but would like to see a drop to the 25 or 26 area.  The measuring objective of 31 was reached and now we should consolidate before the next push higher.  I'm still away from my desk and not able to follow the game properly.  But I am following things as best I can and will report back in here when feasible.