With nearly 5, 000 measurements for about 60 gurus, including bulls and bears and technicians and fundamentalists, they have achieved a critical mass in assessing the forecasting acumen of the stock market gurus as a group.

FORBES: Gurus are Still Wrong After 80 Years

He found that this smoothed the extremes of the ratio and improved its long-term stock market return forecasting ability.

FORBES: How To Put The Current Market Into Historical Context

One was upbeat, forecasting a period of higher commodity prices that would fuel the resource sector, rising exports, and low double-digit stock market gains in New York and a high single-digit advance in Toronto.

FORBES: Two Views Of The Future