Auto bailout bullish news?

If auto industry is bailed out by white house, will it be bullish? Rememeber the sale off after 700 B TARP announcement. Won't it will be "sell the news"?

 

you're kind of locked in a linear thinking mode aint ya.

 

i guess if GM goes bk then the market goes up then, right.

 

LMAO

 

Longer term it would be very bullish if GM could go bk and toss the union contracts out. I can't imagine them trying to compete with that albatross around their neck.......