If you want to bet on the automakers then

bet on the financially healthy steel makers.

I was stopped out of AKS.

So I'm going with the big boys: US Steel and Nucor.

Nucor first target is 40.25 and risk is to 25.25. It's currently at 32.49 so 24% up move for 29% down move. Basically 1:1.

X first target is 28.50 (expect it to hit second target of 41.17) and risk is to 20.97. It's currently at 27.87, so 3% up, 33% down, 1:3, which is not good initially, but expect the second target to be hit which would make it 48% up, 33% down, 1.5:1.