FWIW, I expect TEOTWAWKI (The End Of The World As We Know It) not to occur before late 2009— next year should be a middling to good year— for the stock market (even housing may stabilize a bit). For this year, I think we will still retest the August lows, then it's off to the races. The 'smart money' still has not unloaded, and will probably need a year or so to do so.
Of course, there's always the possibility of an 'accident' or miscalculation before then...
Thank you, I'm off to the store to buy shotgun shells and canned food.
D