RHT is up 50% on IBM buyout.

Brazil is up big on election with PBR leading.

Risk spreads back above their respective 200 DMA’s.

SMH..Semi’s up close to 4%

Bund/BTP reflecting reduced overnight strains within Europe. The spread is out 250 Points to its 50 DMA.

It’s a nice 80 point bounce off Friday’s low in the Spu. It will take into Thursday
to determine if that will prove to be a capitulation low.

Short term charts were oversold. They won’t be this A.M.

Go with the capital flows today