Bingo ! I can't believe I found this. A live person showing you and telling you how to repot a Dendrobium orchid. Based on this SERIES of video clips, I think my dendrobium is too high up(not sure what I'll do to seat it lower as it was a challenge and I tried several times when I first got it.

http://www.expertvillage.com/video-s...-beginners.htm

UPDATE: I had two orchid growers on an orchid board tell me that it is fine 'as is'. I do think I will need to mist every other day to prevent complete dry out. These guys apparently like some humidity.