Stephen McClellan wants you to be your own stock analyst. He thinks you can do it — correction, he thinks you should do it, given what he knows about Wall Street and the information most people rely on to make investment decisions.

Until retiring in 2003, McClellan spent 32 years as a highly regarded Wall Street stock analyst — 19 consecutive years on the Institutional Investor All-American Research team and seven years on the Wall Street Journal poll — who plied much of his trade at Street behemoths Merrill Lynch and Salomon Brothers.

If you’ve always suspected there was something crooked at the intersection of Wall and Broad streets — and who could blame you after the fudged numbers and analyst complicity that emerged in the wake of the tech implosion in 2000 — McClellan’s new book, Full of Bull (Financial Times press, 2007), is pretty much your worst fears realized.