Continuing higher as the Dow rose 57 points on light volume. The advance/declines were positive. The summation index continues to trend upwards. New all time highs for some of the major stock indices including the S&P 500. We remain short term overbought on most of the indexes and have been that way for quite some time. There appears to be no sellers. The Fed chairman spoke today and the market liked what it heard. Easy money will continue for as far as the eyes can see. It will end eventually but not anytime soon or so it seems. I'm still looking for a drift higher into the option expiration next week. GE was up a few cents and the volume was light. Golds rally continues as the June futures were up $17. The US dollar was lower and interest rates had a slight drop. The XAU was up 3 1/2, while GDX rose 7/8. Volume was light. Short term overbought for GDX and it is touching its upper Bollinger band. My time in the GDX April call trade is coming to the end. There's a chance that it goes higher from here but when I look at the technical indicators they're saying it's time to go. With any luck I'll be getting out of this trade tomorrow. It is still showing a decent profit. Mentally I'm feeling OK. The VIX was lower today and remains very oversold. Solidly below the 20 level, this indicator implies that the rally has plenty of room to run. The market can stay overbought longer than you think sometimes. I think that we're in one of those conditions at the moment. Europe was higher and Asia mixed overnight. We'll close out the trading week tomorrow.