A Couple of Observations

Can it get any worse for Merck and Pfizer? They continue to slide. The erosion of big American drug companies is weird. The products are not obsolete. Should they bought in here? I am not going to trade these but at some point they should bounce, shouldn't they? This has been a strange ride.

I have been intrigued by the uranium stocks for a long time. There are two that I know of, Cameco (CCJ) and USEC (USU). CCJ has been the far better performer long term. USU has a 4.8% dividend, $0.55. Yahoo finance has the 2005 earnings estimate of $0.28. Is that an uh-oh or am I missing something? CCJ has been selling off for the last couple of days. The stats are mixed and they don't have much cash. As well as the stock has done this would seem to me to be a long term payoff type of thing like eastern Europe. The stock is optionable if you don't want to commit a lot of capital. I instituted a two week rule for things I mention, that won't save in the description part of this blog. I don't know if I will buy CCJ or not, but I can not buy it for two weeks now because I mentioned it here.

Am I crazy or did I just hear Jim Cramer say he would buy BSX here, but pan it the other day when JNJ (client holding) was mentioned on Power Lunch?

I have had another email or two that say they like the K&C show, I am clearly an island ;-)