Automaker bailout DEAD

I think the recent market rally had priced in a deal between Congress and the automakers. Now that the bailout is dead, the market is due for a correction. The futures are down big.

Harry Reid, Democrat Majority Leader, uttered, "I dread Wall Street tomorrow."

I see that at least the leaders are paying attention to the market while setting policies for the nation.

There's nothing to dread if you've shorted the market. I'm glad I hung on to FAZ while the market rally despite a slew of bad economic news. The pundits were calling for a bottom.