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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Tunica Albuginea who wrote (55406)6/26/2000 11:34:00 PM
From: el paradisio  Read Replies (2) of 99985
 
Tunica, I think I'm missing something in this health care discussion.
1. I agree,we have more diagnostic tools now,than we had even 1-2 years ago.Patients are tested,tested,tested until they die or refuse unnecessary medical procedures.
2. Population is healthier than before, but baby boomers are getting older and expenses are growing.

What I do not understand,
1. Prescription drugs are going up, rising medicare cost is saying us,that the population is more sick...
but the leading pharmaceutical companies,like MRK,PFE,BMY,SGP....are growing slow and the stock prices are almost the same as one year ago.
2. All that pharma companies reports higher international sales.
3.Pharma companies have better research, more expensive drugs for sale, almost... every 2 weeks a new expensive drug is approved by FDA.

What is going on here???

Maybe, PLACEBO "prescriptions" and doctors abusing the system?
el
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