I saw a ridiculous headline on Yahoo Finance this morning from the Associated Press, linking cause and effect of the swine flu to the less than 1% decline in the Dow Jones at the time, from Friday’s closing price.
No, it couldn’t have been due to any profit taking, after a run-up of the Dow for the past seven weeks. It had to be fears of swine flu! Despite the closing price varying by 1% or more on other days during that period.
