A slight gain in a holiday shortened session as the Dow rose 38 points on very light volume. The advance/declines were positive. The summation index is moving up. The NASDAQ was the outperformer today. GE was of 1/8 on very light volume. Gold dropped around twenty bucks on the futures and broke the $1800 support level. The US dollar was slightly lower. The XAU and GDX had fractional gains on very light volume. Once again the gold shares held up better than the price of gold. However with a very thinly traded holiday market I don't think that you can read too much into that. There is an uptrend line for gold that has been in effect for quite a while that comes in at $1750. If we get there I'll try the gold share calls again. Mentally I'm feeling OK. The VIX was lower today and remains oversold. Europe and Asia were generally higher to close out the week. We'll enjoy the rest of this long holiday weekend and get back at it on Monday.