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To: reaper who wrote (225394)	3/4/2003 5:27:22 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<McCulley is rapidly becoming a clown.>> Yep, and the main reason he quit liking him (BubbleBoy) is because he finally raised rates after pouring gasoline on irrational exuberance for 4 straight years! I thought you said bond guys were smart?<G>

To: reaper who wrote (225394)	3/4/2003 5:36:59 PM
From: JRI	Respond to of 436258

Reaper- What is your longer-term view of the bear/market? I have real difficulty in a bull construct from 2008 (2010)-2015? because of the entire baby boomer retirement/SSI problem....wondering if we end first leg of bear late this year/next...have some fuzzy interim period (cyclical bulls/bears for years)....h...and then a 2nd down leg of bear (meaning we would wind up correcting 1930-2003?) by the end of it...time and price wise Also, you buy the possibility of a decent bottom (last a few years)later this year?