Prechters view is markets peaked in wave 5 in year 2000.Never called the bottom in 2002, and stated thehigh of year 2000 would not be surpassed.Well 7 years later the DOW has indeed surpassed the year 2000 high!High of 2000 was ~12000, today it is nearly ~14000 !Listening to his advice would cost one dearly.Not only missing out on the recent market rise, but also constantlypushing one to take a bearish stance against the market during theentire rise over the past 5 years!