A Whole Lot of Nowhere

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Very little action in the market today – – I guess people are too scared to trade. My precious metals plays worked out (although I had hoped they would really rally – – they just kind of farted upward a bit, and I got out). My attempts to score some cash from DIA have been a dud. I exited a handful of shorts, just to trim things down some. I've got about 52% cash deployed, and I think I'm going to wait until Wednesday or so to consider getting aggressive again. Below is the meandering inaction of GLD and DIA today.

0125-nowhere