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Well.... not too bad....let's give her a chance it's not even the first hour...... arvo will tell the story....let's all think positive on this one folks... ;)

Dow 11,185.87 +85.33 (+0.77%)

The major indices open on a sharply higher note, lifted by news that the government plans to prop up Fannie Mae (FNM 12.57, +2.32) and Freddie Mac (FRE 9.10, +1.35).

Treasury Secretary Paulson announced a plan to temporarily increase the line of credit that Fannie and Freddie have with the Treasury, give temporary authority for the Treasury to purchase equity in the companies and give the Federal Reserve more oversight on the companies. Congress needs to approve the plan. Meanwhile, both Fannie and Freddie will be allowed to access the Fed's discount window, which is similar to the emergency measures the Fed put in place for investment banks.

Meanwhile, some merger and acquisition items are also helping the market. Anheuser-Busch (BUD 67.33, +0.83) accepted an acquisition offer from InBev, after the Belgian company sweetened its offer to $70 per share, or $52 billion, from $65 per share. Separately, Waste Management (WMI 34.95, -1.40) offered to acquire Republic Services (RSG 32.43, +4.53) for $34 per share in cash, or roughly $6.2 billion, a 22% premium over RSG's closing price on Friday. DJ30 +108.45 NASDAQ +15.72 SP500 +11.67