Chip,

 Surprised to hear you are not with the Black Helicopter crowd!

Agreed a V bottom is not likely, as the usual 3 steps and a stumble adage is probable. We have had a couple of tests of the August lows around the Dow 13000 level, before the upside break out at 13,500. Some additional consolidation around that area could happen. However, the longer term indicators of the percentage of stocks in a "positive trend"  is telling me that this move has staying power.

BZ