the rosen market timing letter - delta society report... · years of working in the markets...
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COPYRIGHT 2004-2016, RONALD L. ROSEN
REPORT -------------------- Hi Ron, Thank you for another comprehensive year end report. On the basis that your Elliott Wave Count is correct for the Xau, and that it is now in Wave Three, then it would appear that the upturn at the beginning of the year showed that we were at the foothills and now the gold and silver stocks should be proceeding to the broad sunlit uplands. Assuming all works out as per Elliott Wave and the Deltas. In which case we have a very useful treasure map to follow. As you know, we have been here before and some years ago it looked as if we were then at Elliott Wave Three for the HUI. But this did not prove to be the case. So one has to remain cautious about Elliott Wave as it evolves. As far as I am concerned. However the charts you show in the current report very clearly illustrate the outlook as described in my opening paragraph, whichever way you count it for the precious metals and the gold and silver stocks. So if this continues to hold true then it seems to me that all gold and silver stocks should broadly conform to the wave count for the Xau. Of course we will have to remain vigilant as usual because some stocks will be leaders and others laggards as the overall market rises. (And some will go completely bust!). Any comments you may have on the above surmise would be greatly appreciated as usual. Whatever the gold bugs or other commentators may say, it seems that the old Chines curse for next year still applies "May you live in interesting times!" Best wishes. Peter ……………………………………………………………………………………………… Hi Peter, Thank you for your comments and requests. I always enjoy and benefit by your contributions. Please keep them coming! Here are my up to date comments and thoughts about the D. J. I. A., Dollar Index, gold and what the immediate future holds for us. May we all enjoy and benefit by a wonderful 2017 New Year! My very best to one and all, Ron Rosen
THE ROSEN MARKET TIMING LETTER
PRECIOUS METALS - FOREX - STOCK INDICES - COMMODITIES https://www.deltasociety.com/content/ron-rosen-precious-metals-timing-letter
RONALD L. ROSEN December 30, 2016
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The Dollar index has completed a Zigzag bear market correction. It has topped and is headed SOUTH (down). DOLLAR INDEX QUARTERLY
a. Zigzag Pattern
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http://www.prognosis.nl/support/faq/principle/principle2.html#classic Corrections
a. Zigzag Pattern
Description “A Zigzag is the most common corrective structure, which starts a sharp reversal. Often it looks like an impulsive wave, because of the acceleration it shows. Rules and guidelines.”
o It is composed of 3 waves. o Waves A and C are impulses, wave B is corrective. o The C wave must go beyond the end of A.
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Gold and silver completed their bull market Running Flat Correction while the Dollar Index was completing its bear market Zigzag Correction. For the Dollar Index the tide is …
Ebbtide DOLLAR INDEX QUARTERLY
GOLD QUARTERLY
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Yep! To repeat, gold has completed its Running Flat Correction and the Dollar Index has completed its zigzag correction.
“The forces in the direction of the larger trend are so powerful that the pattern becomes skewed in that direction.” E. W. P.
Running Flat Correction
GOLD QUARTERLY
DOLLAR INDEX QUARTERLY
A, B, C, ZIG-ZAG CORRECTION
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The Dow Jones Industrial Average has or is just about to begin a Major Collapse in what will be known as “The leg E down of all Leg E’s down.” GOLD QUARTERLY
DOW JONES INDUSTRIAL AVERAGE QUARTERLY
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What could possibly cause me to think I know when an explosion in the stock averages is about to take place? Yes, an explosion that will cause the D. J. I. A. to collapse below the low of 6,470.00 that occurred in March 2009. No PhD, no MBA, no degree in economics, so what have I got that qualifies me to say the D. J. I. A. will explode and collapse starting now? You are looking at my qualifications when you view this insignia. Yep, Aviation Ordinance man 3rd Class Petty Officer. Sixty five years ago the U. S. Navy sent me to Aviation Ordinance School to learn about things that explode! Oh yeah, one more thing. 60 years of working in the markets starting as a margin clerk with Carl M. Loeb Rhodes & Co. 40 Wall Street, N. Y. C., N. Y. prior to becoming a stock broker. That Margin Clerk stint taught me how the average investor/trader can explode/destroy their brokerage accounts with ease.
The Rule of Alternation plus this chart is telling us an explosive collapse in the D. J. I. A. and the S & P 500 is about to begin. Read this RULE ALL 6 PAGES! Study this RULE ALL 6 PAGES so you can know what the Hell is really going on with the stock averages!!! *** http://www.mtpredictor.com/The-rule-of-Alternation***
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The hidden but easy to decipher A, B, C, ( 5 – 3 – 5 ) Zig-Zag correction that took place between the high in 1929 and the low in June 1932 is the only tricky item that may cause one not to see the Rule of Alternation unfolding in all its glory. However, the chart on the next page shows that the Horrendous Unrelenting Collapse in the D. J. I. A. was the factor that “squeezed” together the 13 waves ( 5 – 3 – 5) of Major Wave II to such an extent that it became difficult to recognize it as a 13 wave Zig-Zag correction.
*** http://www.mtpredictor.com/The-rule-of-Alternation***
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At the bottom in June 1932 the … http://www.mtpredictor.com/The-rule-of-Alternation ... was alive and well!
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Ron Rosen - Elliott Wave - DJIA & S&P500
Ron Rosen
Precious Metals
Timing Letter
*** http://www.mtpredictor.com/The-rule-of-Alternation***
“In most cases Wave (2) usually unfolds as a simple ABC correction. Or put another way, a simple ABC correction is found in a Wave (2) correction more often than in a Wave (4).”
Elliott Waves - Wave (2) simple abc pattern “Again, this is a very useful piece of information, because once Wave (1) is complete, then the most likely pattern to unfold is a simple ABC correction. And, because of the rule of alternation, this leads onto Wave (4) usually being the complex correction in a completed 5-wave sequence.”
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Apparently the Rule of Alteration also applies to the megaphone patterns on the S&P500 and the DJIA. The 1966 to 1974 megaphone pattern for the S&P500 had a rising upper trend line. The 1966 to 1974 megaphone pattern for the DJIA had a horizontal upper trend line. Starting in the year 2000 these megaphone patterns alternated their location. The S&P has a horizontal upper trend line and the DJIA has a rising upper trend line.
*** http://www.mtpredictor.com/The-rule-of-Alternation***
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IT IS IMPORTANT TO REPEAT AND REPEAT AND REPEAT THIS FACT!
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*** http://www.mtpredictor.com/The-rule-of-Alternation***
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*** http://www.mtpredictor.com/The-rule-of-Alternation***
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Is there anything that our government and its agencies can do in order to prevent the stock averages from collapsing as described in this REPORT? Of course there is! They can actually make the collapse worse than it is scheduled to be. All they have to do is adopt an electronic form of the Weimar Republic’s approach to “saving their economy.” You have seen these charts posted before. WEIMAR REPUBLIC STOCK MARKET CHART
WEIMAR REPUBLIC GOLD AND SILVER CHART
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It is worth repeating over and over again and again that every bear market correction since the Federal Reserve System began operating in the year 1913 bottomed beneath the Green Shaded Area! Will it be different this time?
*** http://www.mtpredictor.com/The-rule-of-Alternation***
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Thanks to a secret signing by President Woodrow Wilson this all began with the Federal Reserve System in the year 1913. His secret signing approving of the Federal Reserve System provided the American public with a “BLIVIT”: (The following is a result of my U. S. Naval education …) A BLIVIT IS:
10 pounds of shit in a 5-pound bag “Phrase to describe something that is extremely ugly, messy, or fucked-up. What a ten pound pile of shit would look like if stuffed into a bag made to hold only five pounds - shit falling out everywhere.” ========================================== This is just one old biased Jew’s opinion. John Heinz Kerry looked and sounded like 10 pounds of shit in a 5-pound bag after his recent anti-Israel Rant. Here he is in all his glory the one and only: Click here v
Sheik of Araby
US Secretary of State John Kerry delivers his speech on Middle East peace on December 28, 2016.
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The next report will be posted on Monday, January 2, 2017 Updates will be posted when market action warrants.
Stay well, Ron Rosen
M I G H T Y I N S P I R I T
Disclaimer: The contents of this letter represent the opinions of Ronald L. Rosen. Nothing contained herein is intended as investment advice or recommendations for specific investment decisions, and you should not rely on it as such. Ronald L. Rosen is not a registered investment advisor. Information and analysis above are derived from sources and using methods believed to be reliable, but Ronald L. Rosen cannot accept responsibility for any trading losses you may incur as a result of your reliance on this analysis and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Individuals should consult with their broker and personal financial advisors before engaging in any trading activities. Do your own due diligence regarding personal investment decisions.