Well, I was surprised of that prediction too; I got it from somebody on this site who subscribed to Corey Rosenbloom. I would ask for a similar thing from Steve and Matt, when they do an intraday update. Although with all fairness, this could have been predicted: a support band would usually mean the bottom of that band, as far as stopping a decline. I remember seeing the same thing in fall 2008 on HUI as the final target of the drop: the support band there turned out to be the bottom of that band, 150.

This market is very tricky, so giving multiple targets and a way to check which one would be next depending on how the market behaved on the preceding one, is a must, IMO.

Also, perhaps Matt and Steve could provide an additional service of providing their intraday indicators from TS, such as $tick,$add, slopes for those who check the site intraday or for those who have a special subscription for extra $5-10 a month. This is similar to Matt's idea of providing real time intraday data for an small extra fee. I personally don't like trading blind, and I cannot afford to watch the screen all day: I have a day job. I am reconsidering going against the market to play the market without having enough intraday information to make informed decisions. I closed a half of my shorts too early this morning :(

I can count 7 waves down so far so this decline is not yet complete if it's an impulse. My advice is to take all the shorter term counts with a grain of salt and to respect any triggers you get when trading.  Take care.

http://stockcharts.com/h-sc/ui?s=$RUT&p=60&yr=0&mn=2&dy=18&id=p65637302382&a=182215102&listNum=61

Thanks for all the wonderful input here today.