Market Getting a Lift From Auto Talks?

News reports indicate some sort of agreement. Another trap?

 

So what....if something goes through it just gives these big 3 auto companies an additional 3 months before going under. This news if taken positive on wallstreet is just another opportunity to sell and go short once again. Nothing new. $700 Billion bailout and rate cuts to 1% have done nothing and will do nothing, this news will be worthless when it does hit the wire.

 

ya man, big 3 is DONE. Market perceived them to be done LONG time ago.