Quote from smilingsynic:
A few days ago I posted the calculations of another measured move that had 1310-1311 as a downside target.
In any case, there will be plenty of time if one wants to buy/cover all shorts. Bottoms usually require retest and confirmation. Patience in this business is indeed a virtue.
I was thinking of this quote, pretty darn close with a touch under $1315.00 on the cash.