The Monday's gap has been closed, but it didn't change general situation. Last daily low is ca.34800 and the market is still well above that level. The volume has been slightly increased, but oscillators don't suggest any trend reversal as of now.
We have simply to wait and observe the market. As per uptrend we shall be still in long positions (but always with the money management rules in mind).
Interesting daily term from investopedia - (Permanent Portfolio). More information here.
Sources:
[http://www.investopedia.com/terms/p/permanent-portfolio.asp]
[http://www.investmentu.com/IUEL/2008/March/permanent-portfolio-fund.html]
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