Market Getting a Lift From Auto Talks?

Discussion in 'Trading' started by AAAintheBeltway, Nov 20, 2008.

  1. News reports indicate some sort of agreement. Another trap?
  2. S2007S


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