this is good for dickinson, a global medical company, it's big in china, more surgeries means more surgicalents. >> terry: do you own it? >> i used a long time ago. >> terry, i keep a close eye on the currency market. it's now cheaper to borrow in dollars than it is in yen for the first time in 16 years. last time it happened, yen soared. takes a look at fxy, and if you are looking to diversify out of dollar, this is a good pick. >> terry: it is risky. that is going to do it for us. thanks for j gretchen: we hope you are having a great monday so far. already august 31, 2009. former vice president dick cheney opens fire on the president and his administration for deciding to investigate the cia. >> we had a track record now of eight years of defending the nation against any further mass casualty attacks from al qaeda. the approach of the obama administration should to be come to those people who were involved in that policy and say how did you do it? gretchen: plus, new info shows those interrogation techniques may have prevented a second

. >>> speaking of health care, dickinson is maker of laboratory supplies, catheters and strong earnings growth and warren buffett bought 1.2 million shares in the second quarter. so never a problem to follow the oracle. >> i don't think you'll make a lot of money on t

carmax and eaton and raising stocks in johnson stakes and adding 1.2 million shares of beck t becktin dickinson. >>> that's "cnbc.com news now." i'm julia boorstin. "fast money" with melissa lee starts now. >>> is the summer selloff finally here? not on this desk. we've got your correction covered. >>> welcome to "fast money," we're live from the nasdaq market site. i'm melissa lee and these are your "fast money" traders. a big show tonight. we'll show you a correction next week. and later a company that's helping america and its profits recover from giant job losses, and breaking all night, new holdings from warren buffett and george soros and other investment whales that you may not believe. what we may find. >>> a word from the street, a nice rebound from the session lows. what was that? a technical bounce there? >> i think there were late guys coming in to cover shorts and it was working for them. nail biting. i think people were watching 992 and guys were expecting a sloppy monday if we broke that. today's recovery was i think encouraging. i don't think any of the pullbacks are going to be

beck and dickinson an example. if you can find growth for a reasonable price or even a slight premium, those are going to be the kind of names that get you over the finish line for 2009. >> all right. we'll leave it there. gentlemen, thank you. we appreciate your ideas and your insights and your time tonight. we will see you soon. meantime, let's take a look at some of the other stories we're following on the "closing bell" ticker tonight. pierce holdings reporting an adjusted second quarter loss of $20 million. there was a loss of 17 cents a share. analysts were expecting a profit of 35 cents a share. revenues down by a larger than expected 10%. company generated $10.6 billion in revenue due to lower home improvement and appliance sales. the stock down today a sharp 12% on sears holdings. food producer heinz reporting its first quarter profit fell 7%. $213 million. that still beat wall street expectations. sales volume increases were really the story. core brands helping offset the impact of a stronger dollar. hei

, cut back on health insurers, took a new 1.2 million share stake in medical device maker becton dickinson, one to watch, not just this afternoon but the long haul here, it is down on the year and a real underperformer, interesting to see if it gets that buffet boost here as we look ahead the next couple of quarters. taking a look at the big box stores today, of course, you know there is a headline on lowe's, but home depot is the one to watch, especial had i going into tomorrow. home depot will be reporting tomorrow. today is a hat trick of bad news, got the lowe's disappointment. both warren buffett and eddie lamp the's hedge funds cut their positions on hd. and this afternoon, we are going to get that home builders index that is likely to also weigh on the home retailers. walmart, another one of the big box stores, extended losses, try to go positive, see that earlier in the day, an upgrade from rose dale to buy from a neutral, but as we continue to worry about the consumer though stocks continue to be under pressure today. the credit card companies are reporting their monthly positions

tickle my name is dickinson. -- my name is chuck dickinson. this thing that i see the worst that is happening in our country is we are all down in this debt. we're taking on another program that is costing us billions and trillions maybe. we have to go borrow this money, correct? >we are borrowing money from the chinese right now. billions and trillions to dollar and anyone else that has money to fund our debt. the one thing i do know is when you have that you owe the person. they control how you react. if we have a major financial situation in this country with all of this debt piled on us, how are we going to do it without coming to all of us and asking us to pull it out of our pockets? the other thing is, the tort reform, we have to get that in there. we have to get the legalities out. to call you raise a couple of legitimate concerns. -- >> you raise a number of legitimate concerns. [no audio] over the last eight years we had the largest and fastest national accumulation of debt in our district. a doubling of national debt has spiraled out

. >> coming up, angie dickinson. >> you have to love larry king, you just have to love larry king.on an random internet site. >> i read the transcript this morning. what's there to say? she didn't say anything, she just kept on redirecting and avoiding the questions. so when larry's ready for me, i can answer questions. >> it's not that random. his response was generally random. >> this doesn't interest me. do you have any pictures of a woman like pulling a car with her -- this is more of an international story. would you like to see it? i served on the armed services committee. this is a chinese woman with braided hair pulling a volkswagen. making a record pulling a volkswagen. martial arts master. . pulled it 30 meters. >> with her hair. >> completed the guinness record. she came up shy, actually. >> thank you, willie geist, once again. >> elevating the debate. >> elevated the debate. do you believe that? >> we have to -- forget what you saw. >> forget what you saw. erase that from your memory. >> chris matthews with us and 30 rock and willie geist and pat buchanan in washington