Good article indeed.  I do plan to add (401K money which is still mostly in guaranteed fund) again when the market dips again.  I moved some money from guaranteed fund into equity funds when the market was down around 11%-12%.  I think a 18% correction would be healthy for the overall market but who knows if we get it or not.

Re HP and FedEx:  I would not pay too much attention to HP.  FedEx is of course very important, not just stateside, but globally, so that is a warning sign.  It would be interesting to see, if the slow down is due to all regions being soft or if it is mostly due to Asia slowdown. The state of its US operations could also tells us a lot about the health of our economy.

Not saying Asia does not matter, it certainly could dent our GDP.  I am just wondering about the details of the FedEx warning.