We begin the week with a mixed bag as the Dow gained 71 points on average volume. The advance/declines were positive. The summation index is moving sideways. Both the NASDAQ and the S&P 500 were lower. The Russell 2000 was higher. So you can see that money was moving around with no real progress made in either direction. My SPY October puts are still around the break even mark. Things will need to start moving lower soon for this trade to work. The short term technical indicators for the S&P are mid-range and starting to roll over. So there is a chance that this was the right idea. Gold was flat on the session. The US dollar barely edged higher and interest rates were up slightly. The XAU and GDX finished little changed. GDX remains short term oversold. Mentally I'm feeling OK. The VIX was up today and closed above the 50 day moving average. It still remains below 20 though. The VIX is now short term oversold. If it gets back above the 20 level my SPY October put trade will probably work. Todays price action in the markets had the feel of simply hanging around waiting for the next direction. We've got some economic data due out this week but nothing of major importance in my mind. So we'll see what happens. Europe was slightly higher and Asia generally flat to start the week. We'll keep an eye on the overnight headlines.