I don't care what people were claiming, I never did claim such silly things. From the technical point of view, the bottom is at $265. I don't know which direction and how far it will go right now, but I do know it won't go below 265 ever again.
I'd be interested in the technical approach you take to derive such a figure. Would you mind sharing? Personally, IMO anything can happen - the whole thing is entirely based upon group perception.