Citigroup being a big new buyer does put a little more consolidation potential in the mid-sized bank stocks.

Citigroup is a battleship. People want evidence that the battleship is moving in the right direction, and is not dead in the water.

It's a good time to go bargain hunting.

I'd like to think that this is a bottoming out and people are starting to see the value that a lot of these banking stocks offer. I'd like to think there's some bottoming out and strength, but in general the market is nervous.