It shouldn't surprise you to learn that I've got a deep professional respect for Bob Prechter. He's a gifted writer, exceptionally intelligent, and is as independently minded as anyone you'll ever meet.

The thing is, I've known a handful of other people who fit this description, but none of them were a pleasure to know personally. In fact these qualities are often a good formula for being an SOB.

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Yet Bob is an exception to this rule of my experience. In the 17 years I've known him, I've never once heard him raise his voice in anger or chew out an employee for a mistake. He's as friendly and approachable as the guy who delivers my mail. There are many, many days when Bob has been both spectacularly right and wrong in his market forecast. But you could never tell which is true if you pass him in the hall or go into his office; you get an equally pleasant reception either way. This is the quality I admire most in Bob Prechter.

You're surely wondering where all this apparent flattery of my boss is headed. Well, it's to offer you a sense of what I've described -- and that with Bob, what you see really is what you get. He was in New York City last week to give a speech to the Market Technicians Association, and in turn agreed to do a couple of media interviews. One was with John Dobosz of Forbes.com, which you can watch via streaming video.