Some back and forth today in pre-holiday trading as the Dow gained 176 points on very light volume. The advance/declines were 2 to 1 positive. The summation index continues lower. The economic data out today came in about where expected. The NASDAQ underperformed and the S&P 500 remains short term oversold. A relatively quiet session and that was to be expected. Gold added $9 on the futures. The US dollar was a bit lower and interest rates were up. The XAU and GDX had fractional gains on very light volume. The short term indicators for GDX are mid-range. We are still considering the GDX January calls for the next trade. Mentally I'm feeling OK. The VIX was lower today which fits the positive day for stocks. Not sure what the VIX has in store for us next. Looking ahead to next week, the markets will be closed on Monday. Again players will be on holiday vacation so the volume should be light. Asia was lower and Europe flat to end the week. It's Friday afternoon and time for a rest. Merry Christmas everyone.