Jim:     Alert… the worst is now over in healthcare… alert… everyone has been so worried about the potential damage from healthcare reform… and what it could do to stocks… especially since the Nancy Pelosi controlled House passed its version of the bill on November 7th.. that they have not been paying enough attention to the facts… the facts, and what are those facts?… After last nights Senate healthcare proposal, there are two possibilities for the outcome of this healthcare reform… either it will die a slow Republican assisted death in the Senate… and nothing meaningful happens, in which case I am pronouncing it DNR, for do not resuscitate… or something eventually gets passed that is so watered down… and much further to the center that I am telling you… at Mad Money, in Cramerica… we no longer are going to fret about healthcare reform and what it could do to the healthcare stocks...

Yet the market just doesn’t seem to understand the situation… investors are too terrified… I know what they are terrified about… investors are too terrified that the Bolshevik’s have seized the winter palace… I mean that the Democrats will pass some sort of earnings killing monstrosity that looks nothing what they are talking about in the Senate… and that is why the healthcare group is still trading at the largest discount to the S&P… meaning that the stocks are cheapest historically vs. where they have been.

Now you know that we have been recommending WellPoint… we have been recommending WellPoint as the best way to play the miss pricing of healthcare… because it is cheap… man have we been just spot on on this one… and it has very little Medicare exposure… in the single digits vs. other HMO’s… and we still expect the stock to trade up to $60... we are not taking profits yet, but after examining the Senate’s version of the bill, tonight we want to be more daring.. as a matter of fact, we are going to be more daring… we are daring people.

Tonight I want to take the extra step of actually recommending a stock that has major Medicare exposure… because say it with me, I am no longer afraid of healthcare reform… to borrow a phrase from Chairman Mel, who is probably rolling over in his grave because of the reactionary nature of this legislation… healthcare reform I am now pronouncing to be a paper tiger… that is why tonight I am recommending Rehabcare Group Inc. (RHB)… I mean this is the kind of stock that you would not even touch with a ten foot pole… this company gets 70% of its revenue from Medicare… I am telling you this stock is good… I think that it is cheap… although not as cheap as it was last month… I am telling you that it is a buy, buy, buy on a pullback… a pullback that I am expecting to happen this weekend… it will be caused by what looks to be a draconian resolution that I expect to be passed this weekend… that I am promising you is not that draconian and will not hurt any of the stocks.

RehabCare is the largest independent operator of contract rehabilitation services… in skilled nursing facilities and acute care hospitals… the company provides and manages physical occupation and speech therapy to 1, 068 skilled nursing and long term care facilities across 37 states…

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