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Precious Metals – Forex - Stock Indices - Commodities

December 21, 2008

“Time is more important than price; when time is up price will reverse.”
W.D.Gann

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Who's Sorry Now?

Federal Reserve Building Washington, D. C.

Will the Federal Reserve be able to save the World and prevent a devastating depression from occurring? Can the Federal Reserve spend us into prosperity? Apparently they are following the economic advice of a famous actor, financier, and close friend of "Bugsy" Siegel. The Feds are, in a related fashion, spending "money" as did George Raft, a wonderful old time actor who played gangster parts to perfection. George Raft described his financial planning thusly:

"I must have gone through $10 million during my career. Part of the loot went for gambling, part for horses and part for women. The rest I spent foolishly."

Whatever the Feds choose to do, we really don't need any more information than the following charts provide in order to know how to proceed.

Dollar Index down = gold up…….Dollar Index up = gold down
U. S. DOLLAR INDEX QUARTERLY CHART
GOLD QUARTERLY CHART
Dollar Index down = silver up…….Dollar Index up = silver down
U. S. DOLLAR INDEX QUARTERLY CHART
SILVER QUARTERLY CHART
Dollar Index down = crude oil up…….Dollar Index up = crude oil down
U. S. DOLLAR INDEX QUARTERLY CHART
CRUDE OIL QUARTERLY

For those who have a need to know the direction of the next move for the U. S. DOLLAR INDEX this chart should prove to be gratifying. The short, medium, and long term Delta Turning points are available for most commodities, stock groups, and Indices.

The U. S. Dollar Index has topped at LTD # 8 high. It is moving down to LTD # 9 low due the week of 3/11/09. The exact arrival week for the LTD turning points have been placed directly above and below the week they arrived. LTD # 4 high arrived early but within the 100% range of arrival. When a sharp decline is about to occur the LTD high turning points will often arrive early. They will be spending more time going down than they will be spending going up. LTD # 4 high arrived early. When a strong prolonged move up is taking place the LTD highs often arrive late but within their 100% range for arrival. This is because more time will be spent going up rather than down. Notice that LTD # 8 high arrived early, not late. This indicates that the recent move up in the dollar was not destined to be a prolonged move. If LTD # 8 high had arrived late we would know that the move up would most likely be prolonged.

U. S. DOLLAR INDEX WEEKLY CHART # 1

Subscriptions to the Rosen Market Timing Letter with the Delta Turning Points for gold, silver, stock indices, dollar index, crude oil and many other items are available at:


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