As a relative newbie to non-property investing, and reading as much as possible here and elsewhere, I'd be interested in the perspectives of members as to where we are in the recovery. The descriptions I've come across are as per the title (V, U, W, L and square root). I'm looking at these to determine volume buys. As we had a 20% drop and some recovery, my reading is the various Feds are artificially inflating the economy, resulting in artificial buoyancy. That once the injections stop, the true value of investments will cause another drop (a W shape). At the moment it's Looking like an L, that may turn into a U later. What's the thinking of the investment community on the forum?