GM?

[natedogg]

Damn I posted last week thinking that autos might be a good sector considering how battered they've been. Ford and GM have skyrocketed this past week but will they keep it up?

GM's still a crappy company even with Kerkorian involved isn't it?

My guess is that the US automakers can turn around from where they are now. They have lots of advantages not the least of which is the anti-free-trade Congress we now have. They will almost certainly do something stupid like bail out the auto industry.

I'm also quite positive that the courts will rule in GM's favor when they seek to be absovled of their pension obligations, just like happened with Delta(?)....

natedogg