PowerShares Dynamic Pharmaceuticals(ETF) (AMEX:PJP)

Hard to know which big Pharmceutical Company to bet on. Patents on drugs running out for most have caused the whole market segment to become beaten down. Someone must have something in the pipe. This exchange traded fund bets on all the major names.

ABT

ALPHARMA INC ALO

AMGEN AMGN

BIOGEN IDEC INC BIIB

LILLY ELI CO LLY

GENENTECH INC DNA

JOHNSON AND JOHNS DC JNJ

MERCK CO INC MRK

PFIZER INC PFE

WYETH WYE

This segment will bounce back. Many are trading near their 52 week lows, P/E are quite low on most. This fund allows you to spread the risk of just betting on one or two.

Healthcare spending certainly not on the decline anytime soon! Aging society will need their meds. Safe non cyclical revenues in good times and bad. Probably a safe place to stash some money in this problematic financial market. Returns on equity in excess of 35%.