Sellers took control today as the Dow fell 132 points on good volume. The advance/declines were better than 2 to 1 positive. The summation index remains in a channel. The inflation data came in where expected. Big tech earnings so far have been mixed. The NASDAQ led the way down by far and that isn't a good sign. The S&P 500 posted a small loss. The short term indicators there are now beginning to slip at the mid-range level. Not sure what to expect next here with the end of the month tomorrow. However todays positive breadth gives hope to the bulls. Gold was off twenty bucks on the futures. The US dollar was slightly lower and interest rates dropped. The gold shares lost ground as expected on the inflation data. The XAU fell 10 1/2, while GDX dropped over 2 1/2. Volume was about average. Some of the short term indicators for GDX have now turned lower. My GDX November calls are now showing a bigger loss. Not sure how much more time to give this idea but time is on our side for a change. Mentally I'm feeling OK. The VIX was up slightly today and the short term indicators here are beginning to stall. It looks like the daily candlestick chart here wants to go higher which would imply more selling in the near term. We'll see. Closing out October tomorrow. Europe was higher and Asia mixed last night. We'll close out the trading week tomorrow.