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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: Lee Lichterman III who wrote (28216)	10/2/1999 9:14:00 PM
From: Greg Jung	Read Replies (1) of 99985

I suppose there may be a correspondence in there, that the drugs went up so much not as a flight to "safety" - which is outmoded behavior, but as the counter-reaction to the court activity regarding health plans. It was affirmed you can sue the insurer for denying or witholding more advanced treatments. Provided such would really help, blah blah blah, but the extreme gut reaction to it is to suppose that all of the most extravagant treatments will be offered to the HMO patient, including the latest very expensive drugs, etc. Maybe that thought was floated to reflate the drug stocks. Greg

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