If you take a look at Barry Ritholtz's site, you will find that he has listed a number of his "Favorite Posts" on the righthand side.

One interesting one that caught my eye was "Market Flashes Caution" from January 22, 2004.

Barry was cautioning everyone of a coming bear market, suggesting the market was probably at it's top, and suggests to readers to "let your shorts ride."

I just did a back-of-the-envelope calculation, and found that a super-simple S&P 500 index portfolio would have returned something like 36% since this "Best of Bear-y" post. And I'm not even counting against him the massive losses one would have sustained the last three years by letting those shorts ride. And this is one of his FAVORITE POSTS, by his own description.

I have respect for people who approach the markets with clear eyes and who conclude not only that markets can go up, but they can also go down. But in Ritholtz's case, the man is clearly a Johnny-one-note, fixated on Gloom-and-Doom for Gloom-and-Doom's sake.

As you can now see, "Dow 6800 by December 2006" was not his only stupid call.