A mixed bag again as the Dow climbed 293 points on lighter volume. The advance/declines were positive. The summation index is moving up. The Dow was stronger than the overall market, with the NASDAQ in the red again. I did place an open order for some SPY March calls but it wasn't filled. I might try this idea again next week depending on the market action early in the week. It is getting late for this though. GE was up 1/3 on heavy volume. Gold was slightly higher after being off twenty bucks early. The US dollar was slightly higher. The XAU and GDX were up slightly, also coming up from the worst levels on the session. The GDX April calls will be in order on weakness next week if we get any. The weekly candlestick chart for GDX has now printed a bullish reversal pattern. So if we see some selling in the gold shares next week we will be buyers. Mentally I'm feeling a bit tired. The VIX was lower today and is now short term oversold. We're getting close to the twenty level here which has proven to be hard to crack. If we can make it through the rally will continue and go higher than most expect. If not there will be a pause and perhaps another move lower. It's something to keep an eye on. Only a week to go in the March option cycle. last month I attempted a trade in the expiration week and got clobbered. I will hopefully not make the same mistake this time around. The NASDAQ is having trouble making it past the 50 day moving average and is another thing to watch going forward. Plenty of charts to go over on the weekend. Europe and Asia finished the week mixed. It's Friday afternoon and time for a break.