From Page 5E9 from the Simuflite Initial Pilot Training Manual for the II/SII:
The AP/TRIM disconnect switch on the pilot and copilot's yoke electrically disables the electric trim if a malfunction in electric trim should occur. Pulling the 5 amp PITCH TRIM CB on the left circuit breaker panel removes power from the electric trim motor.
This still left me with a few questions so furthermore;
From Page 5E19:
Electric Elevator Trim Failure / Runaway Trim
If an electric elevator trim runaway occurs, press and hold the AP/TRIM disconnect switch on the pilot's or copilot's control wheel. The switch removes electrical power and stops movement of the electric trim. Remove electrical power to the elevator trim system by pulling the PITCH TRIM CB. After removing power to the electric trim motor, release the AP/TRIM disconnect switch. Continue the flight using manual elevator trim.
Also, PITCH TRIM CB is located on the Captain's Side CB Panel, bottom row, sixth from the left side, fourth from the right. The CB panel layouts changed after S/N 626, the accident aircraft was S/N 246.
Personally, I'm having a hard time believing it was runaway trim. Hold the big red button, pull the plug on the CB, problem solved for the time being. Oh well, I guess the NTSB will take it from here and start looking at maintenance, tapes, etc. Godspeed.