This index is now at a support level around 11,000, having pulled back 1200 points in 6 days, and significantly below the lower bollinger band. The long-term uptrend is still intact, so I think now is a good time to acquire some long poisitions. I'm buying some right now, and would look to add some more tomorrow if there is further weakness. Initial target would be 11,500-600. A close below 10,750 would signal I was wrong about this being a bottom, but even then I think it will be a racing certainty to exit around 11,000-200 over the next week or so. In other words, either this is the bottom today or tomorrow, or it trades a bit lower, then comes back to breakeven or slightly profitable. Heads you win, tails you breakeven.