Last week, things looked bleak for equity investors.  As the Dow Jones and S&P 500 slid to historic lows, and the TED spread soared to a historic high (more on that below), it looked to many like the thing to do was pull out of stocks entirely, and enter safer assets like gold, T-bills, and steady bank savings accounts.  But on Monday, the market bounced, led by the news that the U.S. government will invest up to $250 billion to shore up the U.S. banking system in a plan similar to measures taken by several European powers, including Germany and the U.K.

Does this mean the crisis is over, and stocks will recover the trillions of dollars in market cap they lost over the past two weeks?  Unlikely.  Events of the past several months have shown that each time the market rebounds, a fresh bit of disheartening