Bouncing all around today and the Dow finished with a loss of 17 points on heavy volume. The advance/declines were positive. The summation index is still trying to turn back up. We had a gap higher and rally at the open followed by a steep decline. The market then made it all back and then some. Both the NASDAQ and S&P 500 posted gains with the NASDAQ leading the way. The short term indicators for the S&P have turned back up. I did put in an order today for the SPY October puts but it wasn't filled. Might be too late now for this idea but we'll see. Only a couple of days left in the October option cycle. We did make it to the resistance at 6720 on the S&P today. Perhaps if we get there tomorrow I'll try the puts but probably the more prudent thing to do would be to stay on the sidelines and roll into the November cycle. Gold was up over sixty bucks today and crossed the $4200 level. The US dollar finished lower and interest rates ticked up. The XAU was up 11 1/3 and GDX climbed 3 points. Volume was good to the upside. GDX is back to short term overbought. Gold is going straight up and the gold shares follow. An incredible run higher so enjoy it while it lasts. No telling when it will end but that will be spectacular as well. Mentally I'm feeling OK. The VIX was a bit lower and remains above 20. The short term indicators are starting to move sideways. Not sure where the VIX is heading next. Wild moves in the market lately so the risk factor has increased. You need to take your profits if you have them quickly in this trading environment. Asia was higher and Europe lower except for France overnight. We'll keep an eye on tonights developments.