Moving higher to begin the month of April as the Dow gained 171 points on light volume. The advance/declines were 4 to 1 positive. The summation index is now moving up. The overall market was once again stronger than the Dow with the NASDAQ leading the way. New all time highs for the S&P 500 as the 4000 level was crossed. There doesn't seem to be anything in the way of higher prices going forward. The only drawback here is the light volume but it is a holiday week. The S&P remians short term overbought. My thinking is that prices could run up into the option expiration in two weeks but that isn't set in stone. For now we'll enjoy the ride. GE was up over 1/8 on light volume. Gold continues to bouce as the futures rose twenty bucks on the June contract. The US dollar was lower and interest rates took a step back. The XAU was up 5 1/2 to climb back above its 50 day moving average. GDX was up a little over a point on average volume. GDX is right at the 50 day moving average and getting above it would be a plus for the bulls. With a couple of brief exceptions, the 50 day has held prices in check for GDX for the past half a year at least. The short term technical indicators here have turned up. My GDX April calls are now showing a better profit. Mentally I'm feeling OK. The VIX dropped much lower today and now is well below the 20 level. This means that the rally is on. In general, when the VIX stays below 20 any decline will be brief and not turn into something more. This makes sense as the government is printing so much money that it has to find a home and the home will be stocks. The recent declines that we've seen are just bumps in the road as we travel higher. Europe and Asia were higher last night as spring has brought buying around the globe. Time for a long weekend in which I'll be checking the charts and getting in some relaxation. It's Thursday afternoon and time for a rest.