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Thanks, Charlie. A few months ago I also read Wright's Getting Started in Bonds, which I found to be okay but fairly elementary. I view bonds the same as I do equities, bottoms up, and feel it would make some sense to focus on BB-B, or just below investment grade. I continue to be committed to equities, particularly many at today's prices, but find bonds interesting. Also, I'm sure there are opportunities there, if only because the market seems to be little understood and dominated by institutions.

I think I will try the Strategic Bond Investor by Crecenzi next.

Thanks again.
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