The market took off to the upside today as the Dow gained 338 points on good volume. The advance/declines were almost 3 to 1 positive. The summation index is moving back up. Gains across the board as all the major stock indices were higher. Positive expiration bias in effect. No new news to speak of but the market is probably discounting a stimlus deal getting done sooner rather than later. The short term technical indicators for the S&P 500 have turned back up. We'll probably see new all time highs before the week is out. Buying the weakness yesterday was the proper play. We'll get retail sales and the Fed tomorrow. All signs now point to higher near term prices. GE was up 1/4 on lighter volume. Gold rallied over $25 on the futures. The US dollar continued lower. The XAU was up 4 7/8, while GDX gained 1 1/8. Volume was just OK. My open order for the GDX January calls remains out there. However if today is the beginning of an extended rally for gold, the order won't get filled. Mentally I'm feeling OK. The VIX fell today and the short term indicators are rolling over. This implies a rally for stocks that started today. I suppose we'll see how high things can go this week. Yesterdays downside reversal scared me out of trying the SPY December calls. We did not see any downside follow through early this morning to try the calls as we were up from the start. Had I been nimble enought this morning I might have been able to purchase some calls. But it was not to be. Now with three days remaining in the December option cycle I'll just sit it out. I do believe that we'll be higher by the close on Friday. Gold and silver both had positive sessions today. We'll see if they follow throough tomorrow. All eyes and ears will be on the Fed. Asia was lower and Europe higher in last nights trade. We'll see what tomorrow brings.