Are we at the bottom?

By Reuters at Forexpros.com:
"'There is an increasing sense among institutional investors that the rapid freefall of the real economy is approaching its end, both because much adjustment has occurred and because of the gathering power and breadth of the U.S. Fed and Treasury response,' said Harvard University Professor Ken Froot, a co-developer of the index.

'Institutions seem to appreciate this and are moving to a less defensive risk stance.'