DR. EDWARD HINDSON: Preterists insist they are defending the Bible by making its prophecies fulfilled in the past. That way, they can’t be accused of making false assumptions about the future. In other words, their interpretive methodology might be called: “back up and punt!” By confining predictive prophecy to a past fulfillment they eliminate any real need for eschatology. However, their fallacious reasoning and flimsy logic leaves them supporting a series of ridiculous conclusions that fly in the face of the whole history of biblical interpretation.
according2prophecy.org/Preterism.html
http://preteristheresy.blogspot.com/2008/01/in-football-terms-preterism-means-back.html