Swine flu could be bad for your financial health


Investment guru Jim Cramer has had his ups and his downs, but to quote the late, great Frank Sinatra, "But hey, who hasn't?" Well, notch one on the plus side for Cramer for his stance on swine flu investing, from both investor and public health standpoints.

The swine flu has generated the predictable short-term plays (such as shorting airline, travel, oil stocks, anything relating to commerce in Mexico) but Cramer is advising against it: "If you shorted them too soon you were overrun, and if you bought the good ones that were knocked down too soon you lost too much money."