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Monday, May 13, 2024

Comment by Phil

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  1. Phil

    Drugs/JMM – It’s not superior when, as you note, a pharmacist is perfectly capable of asking you the same 5 questions a doctor can to prescribe flu medicine but without all the expense.  If that doesn’t work ($10 worth of pills) THEN you can go to a doctor but our ass-backwards system has people lining up in doctors offices where they mix all their communicable germs for the hour-plus that they wait together in a tiny room (even if they have an appointment) only to have the doctor scribble on his little pad for $150 and then the pharmacy charges another $50 to fill it.  Multiply that extra $200 cost by 50M people and you get an idea of why health insurance is so needlessly expensive in this country.  

    I agree that Singapore has a better system but so does EVERY OTHER COUNTRY – we have the most expensive care by a mile and we’re not even near the top in outcomes – it’s pathetic.  

    FAS/Hemas – FAS is only at $66.87 and I’m a bit more bearish now over the next 3 weeks so I’d give them a chance to expire worthless or at least come back below $1.  The Feb $80s are a better than even roll so you do have a bit of leeway, even if FAS does pop 10%.  

    Legend/Jrom – LOL!  Well have a good trip and WTF with 3 days to get to Kabul?  Travelocity shows an Air India flight leaving from Newark at 8:37 that gets you to Kabul at 1pm tomorrow.  It’s $2,286 even with the last minute booking and I’ll bet the army is spending a lot more than that to ship you there.  

    As to a play for today while you wait at the airport, USO is testing $39 with oil at $101 and the weekly $40 puts are $1.20 so I like those for the day with a stop at $1.  Hopefully we get a little sell-off into the NYMEX close at 2:35. 

    Owell/Pstas – Paraphrased by Nicholson too:  



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