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To: Sam Citron who wrote (2437)	11/2/2002 6:44:30 PM
From: Gottfried	Read Replies (2) of 13403

OT *** Bob Prechter's record from the Barron's story... >According to numbers compiled by the Hulbert Financial Digest, Prechter's timing strategy from the end of 1982 through August of this year would have yielded an average annual return of 10.4%, compared with an average annual return of 13.1% for the S&P. The bear market of the past three years has muted some of the indexes' outperformance of Prechter. Nonetheless, the discrepancy in performance is yawning -- 599% compared to 1,025% -- after taking into account nearly two decades of compounding.< That killed my interest in Mr. Prechter's forecasts. He may have had a few spectacular calls, but how am I to decide which call is prescient? Gottfried

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