Back and forth today as the Dow rose 47 points on average volume. The advance/declines were negative. The summation index is tracking sideways. Todays inflation data came in where expected. It was a mixed bag for stocks as the NASDAQ posted a loss on the session. The S&P 500 had a slight gain and remains short term overbought. We are in a waiting mode for now when it comes to the next trade. Two days left in option expiration week. Then we roll into the December option cycle which has an extra week in it plus a Thanksgiving holiday week. So unless we get a very good signal, I'll be sitting things out for a while most likely. Gold was down $26 on the futures. The US dollar was higher yet again and interest rates finished mixed. The XAU dipped 2 1/4 and GDX slipped 1/2. Volume was a bit above average. Short term oversold and staying there for GDX. Almost to the 200 day moving average at the 35 level. GDX has dropped about 20% in around a month from the recent high. That's quite a move in a short period of time. It is probably best to let things settle down in the gold shares before trying to trade them again. Mentally I'm feeling OK. The VIX was lower again today and remains short term oversold. It looks like the VIX will stay oversold for a while. There doesn't appear to be anything in the way of the current stock market rally. Europe and Asia were generally lower overnight. We'll get a Fed chairman speech and inflation data out tomorrow.