Well, rutslegolas, Gandalf is NOT a man. He is Olorin, the wisest of Maiar, only walking in the guise of men and elves.
Therefore, the prophecy could NOT include him.
Mithrandir was a Maiar, one of the most powerful, in level with Sauron. The ringwraiths, however strong, were MEN, kings of Haradrim, Easterlings, and lords of Numenor corrupted. They are no match for Olorin, not at all. Mithrandir would have easily destroyed them all, if he has been allowed to use his power freely, but he was forbidden to reveal himself in majesty of power, but to only persuade.
Quote:
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Old Fool! This is my hour. Do you not know death when you see it?
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Since Mithrandir could not reveal his strength, Witch king and he was almost an equal. However, as time passed and Sauron grew to is full strength, the witch king grew in power until it almost overwhelmed Olorin, which caused him to say this.
Power can be also in many guises, like wisdom, which Olorin far surpassed the witch king, or sorcery, which witch king surpassed Tharkun.
So it depends on
1. time
2. the power used openly
3. definition of power