The Market On Monday

Futures are down. Geithner will now present the plan on Tuesday, no Monday initial report.

Oil is up over $40 per barrel and Nissan is saying it will cut up to 20,000 jobs.

I still hold to my prediction that the market will be higher on Friday than it is now, maybe not a lot higher, but higher.

Reuters: Stock futures dip, bank rescue plans eyed

On Sunday, the Obama administration pushed back until Tuesday the announcement of an eagerly-awaited bank rescue plan as it pressed lawmakers to settle their differences over a huge economic stimulus package. U.S. Treasury Secretary Timothy Geithner will outline the bailout plan in a speech at 11 a.m. EST on Tuesday, the Treasury Department said.