Amazing Facts CXO Advisory reported in February 2013 results of a survey of 6,459 so-called gurus who give U.

S market advice that is a matter of public record. Forecasts graded showed 46.9% terminal accuracy in the period Dec 1998 - Dec 2012. The highest accuracy reported by CXO Advisory was 68.2% in 44 forecasts. Robert Prechter was bottom of the list below with an accuracy of 21.7% in just 23 forecasts. Popular TV presenter Jim Cramer was about average with 46.8% accuracy in 62 forecasts. Guru ForecastsAccuracyGuru ForecastsAccuracy David Nassar 44 68.2% Doug Kass 178 47.6% Jack Schannep 61 66.7% Jeremy Grantham 37 47.5% Ken Fisher 115 65.0% Don Hays 85 47.1% David Dreman 44 63.6% James Stewart 115 47.0% James Oberweis 35 62.9% Marc Faber 154 47.0% Louis Navellier 149 59.9% Richard Band 31 46.9% Jason Kelly 125 59.4% Jim Cramer 62 46.8% Dan Sullivan 115 59.1% Gary D. Halbert 93 46.4% John Buckingham 17 58.8% Dennis Slothower 144 45.3% Cabot Market 48 58.8% Jim Jubak 141 44.2% Letter Steve Sjuggerud 49 58.5% Bill Cara 198 44.2% Richard Moroney 55 56.4% Tim Wood 182 43.8% Carl Swenlin 125 55.4% Martin Goldberg 109 43.1% Jon Markman 36 55.3% Price Headley 348 42.0% Aden Sisters 39 54.8% Gary Savage 119 41.9% Bob Doll 161 54.7% Linda Schurman 57 41.4% Paul Tracy 52 53.8% Donald Rowe 69 40.6% Bob Brinker 44 53.3% Igor Greenwald 37 40.5% Mark Arbeter 230 53.2% Bob Hoye 54 40.4% Gary Kaltbaum 144 53.1% John Mauldin 211 39.9% Robert Drach 19 52.6% Nadeem Walayat 66 39.7% Don Luskin 201 52.0% Jim Puplava 43 39.5% Laszlo Birinyi 27 51.9% Comstock Partners 203 39.3% Tobin Smith 281 50.2% Gary Shilling 40 37.5% James Dines 39 50.0% Bill Fleckenstein 148 37.3% Ben Zacks 32 50.0% Richard Russell 166 36.9%

Richard Rhodes Bernie Schaeffer Stephen Leeb S&P Outlook Carl Futia Clif Droke Charles Biderman Trading Wire

42 81 27 145 96 97 48 69

48.8% Mike Paulenoff Abby Joseph 48.8% Cohen 48.3% Peter Eliades 48.3% Curt Hesler 48.1% Steven Jon Kaplan 48.1% Robert McHugh 47.9% Steve Saville 47.8% Robert Prechter

12 56 29 92 99 128 35 23

35.7% 35.1% 34.5% 33.0% 31.4% 28.9% 23.7% 21.7%