The last few months have been a time in which I have been involved in a couple of debates with preterists. Preterism teaches that most, if not all, of the Book of Revelation and the Olivet Discourse (Matt. 24—25; Mark 13; Luke 21) were fulfilled in conjunction with the destruction of Jerusalem by the Romans in A.D. 70. If this notion is granted, then almost all of Bible prophecy is not to be anticipated in the future, but is past history. Their false scheme springs forth from a misinterpretation of Matthew 24:34 (see also Mark 13:30; Luke 21:32), by which they launch an upside-down view of eschatology, which does not look to the future but instead gazes at the past.
Ice, Thomas D., "Matthew 24 and "This Generation"" (2009). Article Archives. 21.