re: Gustafson saying "boy, I was wrong, Barrons was right...I really blew that call. That wasn't shoddy journalism, rather it was just shoddy research on my part."
It would be particularly appropriate for Gustafson to say this, since he was overtly taunting bears during the mania, saying, "They've been wrong in the past, so why should we listen to them?" Of course, since CNBC allows it's reporters, namely Joe Kernen, to taunt bears in just the same manner, I realize it is unrealistic to expect CNBC to hold a guest to a higher standard.
Tom |