Waaaay too early to call the bottom yet. While I do like the fact that we bounced off almost the exact bottom of the mid-late november crash, there is plenty of pent up market frustration to still be released. This being the bottom, however, would fit quite nicely with the progressive shrinking of bubbles (32-->2, 266-->50, 1240-->455) = (93.75%, 81.2%, 63.3%)