Over at Seeking Alpha, Mark Sunshine points to seven factors that may indicate the economy is in the process of bottoming.   They are

1. The money supply is stable.
2. Excess reserves are dropping.
3. The producer price index rose last month.
4. The consumer price index rose last month.
5. Housing construction and automobile manufacturing are hitting a bottom.
6. The fiscal stimulus will kick in within a few weeks.
7. The new TALF will prop up consumer demand.