I also agree with Jack's answer above. If I'm not mistaken, I think he teaches that all the parables spoken of in both Matthew chapters 24 and 25 relate specifically to Israel and not the Church who won't be present during that time period described.
I know Dr.'s Ice, Pentecost, and many other pre-trib dispensationalists teach the same.
Here's a short Dr. Ice commentary:
Thomas Ice :: Part 37 - Matthew 25:1-13 The Parable of the Ten Virgins
www.blueletterbible.org
"Alas, we wave good-bye to chapter 24 and say hello to chapter 25. There are a number of items that need to be addressed as we move into Matthew 25, which impact how we should understand Christ’s intent in this passage. If we are wrong on these issues it will guarantee that we will misinterpret the passage (unless we are illogical in the process).
One of the first issues that should be recognized is that the parables and teachings in Matthew 25 are a continuation of the flow of the previous chapter. Jesus has not totally shifted gears and started speaking about something totally new when He enters this section. This means that these parables are related to Israel, (not the church), her first century rejection of His Messiahship, and the coming spoken of here relates to the second coming and judgment that will take place upon Christ’s arrival. Stanley Toussaint explains as follows:
This parable as well as the next one deals with the Jews in the tribulation period. This is seen from various facts. The context favors this view (Matthew 24:3, 8, 14, 15, 30, 31, 33, 42, 44, 47, 51). The subject being discussed is the end time, the final years before the kingdom is established. At the time the church will be absent from the earth. Therefore this section deals with a Jewish period of time. 1
Chapter 25 highlights that since the Jewish people missed Messiah’s first coming because of unbelief and were judged temporally in A.D. 70, they need to be prepared for His return so that they will escape judgment and enter into blessing (the millennial kingdom). “He taught that following His return (Matthew 24:30) and the regathering of the nation Israel to their land (Matthew 24:31), the nation would be brought under judgment (Matthew 25:1-30),” says Dr. J. Dwight Pentecost. “Christ used two parables to teach that the regathered nation will be judged to determine who is saved and who is unsaved. The purpose of this judgment will be to exclude the unsaved from, and to received the saved into, the kingdom that He will establish following His Second Advent.” 2 Jesus accomplishes His goal as He continues presenting parabolic lessons and teachings about judgment upon His return. Matthew 25 can be broken down into the following three sections: First, the parable of the ten virgins (Matthew 25:1-13), second, the parables of the talents (Matthew 25:14-30), and third, the judgment of the Gentiles (Matthew 25:31-46)." More at link.
He goes on further to to explain the Parable of the Ten Virgins and also dispels the wrong interpretation that some believe the parable supports a partial rapture.
