Auto Industry is at all time low and investors think that is good. Ford, Chrysler, Honda, GMC et all are experiencing sales down more than 40% from last year. People madly started buying the auto companies when they reported that March total sales were up about 1 to 2% over February. That is funny as hell! When I heard that, I almost pissed my pants I was laughing so hard. Has anybody counted the number of days in February (28) and then compared that to March (31). When sales per day are tabulated, March was a worse month than February. How could people be so damned stupid? Buy, Buy, Buy those auto stocks. Meanwhile the mutual funds were offloading their positions in auto companies as the idiotic fools were buying.