I just listened to the 30 minute interview with Jeremy Grantham on CNBc.com.  Very good insite from a person who has been around for a long time and studies financila history. Basically he says maybe we get a few more good quarters then look out.  Big problem ahead is if and when we drop again, say back to 900 the rates are already low so what can the fed do to help, not much - However I am sure Matt will keep us nimble and we can make money on the way down.