STILL OK

THE TRENDS:  The long term and intermediate term trends remain up.  As you can see from the chart below, although the market sold off on Friday, it closed higher than where it opened on Monday and higher than last Friday's close.  This is slightly bullish.

WHAT I'M DOING IN 401-K:  Still in 100%.  As I mentioned last week however, the conditions exist whereby if the market closes below the 10 week moving average (which isn't far below price), the intermediate trend could easily flip down.  So I'll keep a close eye.  Have a great weekend everyone!