Go to Jeff Salisbury LWGate Home Page.From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM] Boomer Babies
Date: Fri, 12 Jul 2002 11:58:56 -0700
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Top of Thread: Re: [CANSLIM] Boomer Babies Spencer48@aol.com
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- ----- Original Message ----- From: <Spencer48@aol.com> To: <canslim@lists.xmission.com> Sent: Friday, July 12, 2002 11:30 AM Subject: Re: [CANSLIM] Boomer Babies > Winston and Duke: > > IBD's Trend and Innovations (Page 2) of 7/11/02 confirms the belief that > the baby boom trend is expected to have an impact on individual stocks in the > market. Here is what it said (the relevant passages): > > "Doctors gave out 146 prescriptions per 100 vistis in '99. That's up > 34% from '85. That trend, spurred largely by an aging population is likely > to result in a doubling of drug spending in the next 5 years. Psychiatrists > had the biggest increase in prescription rates, 117%." > > To me this is surprising (the psychiatrist part), and doesn't bode well > for my upcoming goldie-oldie years-although, come to think of it-this may > indicate that more drugs are now available (and are being prescribed) to > ameliorate dementia and Alzheimers. Hans, I'd not be surpized by the psychiatrist part at all. I'm not sure if a 40,50, or 60+ person is any more stressed today than 100 years ago but there are a lot more drugs for the problem. Look at deppression, OCD, and anxiety treatments now. Drugs like Paxil, Prozac, and Buspar (sp) are VERY popular prescriptions EVEN for the HMO's to dish out. I have several friends and family on long term use of these drugs. It's quite the norm now. As physical health improves so does the need for mental health. It will be interesting 20 years from now to see where it all lead us. I'd keep a close eye on these trends. - -Bill - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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Top of Thread: Re: [CANSLIM] Boomer Babies Spencer48@aol.com
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