NICE!

THE TRENDS:  Both the long term and intermediate term trends remain up.  As you can see in the weekly chart of the SPY, the week started by selling off only to bounce again off the 10 week moving average.  Friday was a particularly strong day which is very bullish.

WHAT I'M DOING WITH LONG TERM FUNDS:  Still in 100%.  The 142 level remains a high probability profit objective based on the latest price action.  But I remain vigilant looking for any reversals that may signal an intermediate term shift to the down side.  Have a blessed weekend everyone!