'Fast Money' Recap: Swine Flu Scare: A Buying Opportunity?

Swine flu fears rattled the markets Monday.

The Dow Jones Industrial Average fell 51.29, or 0.64%, to 8,025, while the S&P 500 dropped 8.72, or 1.01%, to 857.51. The Nasdaq lost 14.88, or 0.88%, to 1,679.41.

Melissa Lee, the moderator of CNBC's "Fast Money" TV show, said the markets shrugged off the sell-off from the fears of the swine flu outbreak.

Guy Adami said the S&P held steady at 850, adding that's "where the market wants to be." He said he didn't put too much stock on the emphasis on swine flu and the market reaction to it.

Pete Najarian said the swine flu had some influence on the market, especially on airline stocks and commodities. Still, he thought there was an overreaction to the swine flu reports.

Karen Finerman agreed with the other panelists, saying the number of swine flu cases is small and that the market was just looking for an excuse to go down. She said it was a good day to get into some Mexican stocks like Grupo Aeroportuar(PAC Quote), which was down close to 20% today. She said she had been looking at the stock for a while and an entry point to get into it.

Adami said it might be a good time to short Marriott International(MAR Quote). He said its huge PE ratio is unjustified and noted downgrades from Raymond James and UBS (UBS Quote).