Elliot Wave Theorists Claim Pandemics Always Happen In a Bear Market

[efoods]

Elliot Wave International has just written an article entitled "Swine Flu and Elliot Wave Analysis", claiming that pandemics only happen in bear markets.

Their theory seems to be that a downbeat social mood leads to both a bear market and susceptibility to disease.

I will leave it to the technical market analysts and the epidemiologists to decide whether the theory is right or wrong.

Note: At least some people have tried to blame the plague on the 1340 economic depression.

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