Surely bloggers do not only always outperform Wall Street analysts, but there are certainly scenarios, such as this one, where they do get it right. I agree that CNN's sample size could be statistically inaccurate, but the blogosphere is pretty difficult to measure.

I think the point of the article is that the number of individual investors is growing, and since there is such a plethora of information out there and easy channels to share opinions, the financial sphere is rapidly evolving online.