How many of you still contributing to 401k plan?

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I received my quarter statement from my 401k today, and it wasn't look good at all. I lost about $360 from my contribution plus employer's contribution. My last three quarters and the one before also indicate loss. Should I contribute the same amount to it or reduce the percentage. I planned to reduce my percentage, and not contributing that much as I used to. What about your guys? Do you still have confidence on the market?