I'll post up a chart later. S&P is far below the lower Bollinger. My target is 850 (S&P) with a stop just below today's low.
Here is one of the charts I am working off of. Next day will be up, but long term down to the 600 level which is my ultimate target as many of my threads have continously stated.
At the time you posted, the low of the day was about 15.52 (which was the current price, coincidently). You would have been stopped out. Now it's 15.25. Or was it that all along? You don't expect much credibility when you don't post specifics, right?
http://finance.yahoo.com/q/hp?s=^GSPC&a=0&b=3&c=1950&d=2&e=3&f=2009&g=d&z=66&y=0 If you have some time, you can click the above link and go back as far as 1969 and manually calculate the probability. Assuming today will be a down close, the chances of price closing down the next day are slim. It might take you a few hours going through the prices manually, but it will be worth it. There are other sources where you can go back even further. Under 1% chance and way under the low Bollinger on the weekly chart, I'll take that bet.