Hey Jerry, a nice thread you are having here. I just read your 1/12 summary, quite ebullient and gutsy, I would say. My own stance at the time was still a very hard "Run for the Hills" signal. I think you are right though in targeting the low 1300 for a bounce (I have a nominal 1347 or so), but I also think that that bounce will be "de minimus" (I have max 1414, but I doubt the actual printed high on the Naz will be above 1400, 1391/7 is going to be a very strong overhead resistance, IMTO.
Good luck with the new thread.
Zeev