• Equity futures were up over 120 points earlier and are now up abut 50.  Gold, as expected, is giving back some and is due for a rest.  Oil is up a bit.
• As suggested on Friday there was news of a government equity stake in Citi.  Citi shares are up about six cents.  This seems curious since banks stocks had their worst week in history on the idea they would be nationalized.
• Many traders feel we had reached over sold territory and are bidding them up.
• I will sit tight for a while and let the first thirty minutes, or so, sort things out.

Back later with more.