Another mixed market as the Dow was up 194 points on good volume. The advance/declines were positive. The summation index is moving up. Once again the overall market was much weaker than the Dow with both the S&P 500 and NASDAQ posting losses. The NASDAQ led the way down again as tech earnings continue to disappoint. GDP came in better than expected. The S&P 500 is still short term overbought and the indicators appear to be rolling over. Tomorrows inflation data should provide short term direction for stocks. The small stocks have already started to head lower. The Dow has been the leader and that is not usually a positive. Big cap tech is heading lower. So you can see that it's a mixed bag when it comes to the stock market at the moment. Gold was off a few bucks on the futures. The US dollar was higher and interest rates continued to drop. The XAU fell 1 1/2, while GDX shed around 1/3. Volume was average. I did place another order for the GDX November calls and I'm leaving it out there again. As long as the inverse head and shoulders pattern remains intact I'm willing to try and take a chance with this trade. Mentally I'm feeling OK. The VIX was up just a touch as it hangs around its 50 day moving average. Still short term oversold here. Not sure what to expect next from this indicator. At this juncture we'll just wait and see how the market reacts to the data out tomorrow and take it from there. We were looking for a pause in the rally and so far we've gotten that. Whether or not it turns into something else remains to be seen. As long as the summation index is moving up the path of least resistance is higher. Europe and Asia were mixed in last nights trade. We'll close out the week tomorrow.