Anyone that thinks the Dow will go below 5,000 doesnt get it.
Anyone who thinks this is anything other than a bear market rally doesn't get it.
While devaluation to that extent may not occur, the reality is the banks just don't have any money right now. That's why the government refuses to actually elaborate on these so called 'stress' tests and why they keep letting the banks 're-adjust' the value of assets way above what the market will actually pay for them. Unless there's serious re-financing of the banks and/or liquidation of useless assets I don't see the recession ending any time soon.