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What i have read on several places is: To fill it out, top the Steering Fluid (SF), then turn the engine on for a couple of seconds, then turn it off and fill again until the level of SF stops falling. Then after that just keep checking it for some days (air will be coming out so the SF will need to be completed again). This procedure was described for the intallation of a new/rebuilt steering box (which i just accomplished), so it should work for you just fine. I wouldn't worry too much.
So basically, yes, don't bleed it, the system will bleed itself. Also, when you fill the pump the engine should be off.
When I first bought my '89 F150, it had sat in a barn for a number of years and the whine was unbelievably high pitch from the Ford C2 pump.
It whined for over a month but slowly got quieter and quieter as time went by of just driving the truck, level kepted going down some also as the noise was going away. I just kept adding fluid to it till finally it was completely quiet and level didn't go down no more.
It bled it's self out. You can do the same to yours.
Any other ideas.... I feel like if there was air in it, it would be noisy. Its running almost silent but I still have little to no power steering. The reservoir is full and there are no leaks. I'm confused.
did you ever figure out why you lost steering. I know this is an old thread but I am replacing a pump that is off a 77/78 400 in my 55 f-100. I have also been looking at you tube and it looks like all the insides are the same on the Saginaw which is good.