A mixed bag post Thanksgiving but the Dow gained 153 points on half day light volume. The advance/declines were almost 2 to 1 positive. The summation index is moving up. Both the NASDAQ and the S&P 500 were negative. The S&P 500 remains short term overbought. Gold was up almost ten bucks on the futures. The US dollar and interest rates were flat. The XAU fell 1 1/4, while GDX was off fractionally. Volume was light. The gold shares under performed the metal today but I'm not sure how much you can read into that considering it was a holiday shortened session. Mentally I'm feeling OK. The VIX didn't do much today and remains extremely short term oversold. We are still considering the SPY December puts but the premiums there remain high. However if the S&P makes it to the 4070-4100 resistance level and the volume remains light we will probably give that idea a shot. We'll go over the charts this weekend. Asia was generally lower and Europe flat to close out the week. A long holiday weekend for most so we'll be back at it on Monday.