“Time is more important
than price; when time is up price will reverse.”
GOLD WEEKLY CHART WITH
DELTA MEDIUM TURNING POINTS
The Delta turning points tell us
when the highs and lows will occur for various markets. There
are intermediate, medium, long term, and super long term Delta
turning points. A Super Long Term Delta turning point lets
us know what the major trend is. Within the major trend
there are waves and corrections. Delta does not tell
us price. However:
is more important than price; when time is up price will reverse.”
Few wave theorists know that every
Elliott wave, however large or small, must end at a Delta
turning point. The combination of Delta turning points and
Elliott Wave Theory is a very powerful tool.
Gold bullion and the HUI have a
long term Delta high due in October 2006.
The Delta long term high for the
HUI is a # 1. The biggest moves tend to occur on either side
of # 1.
Silver has a long term Delta high due in January 2007.
The second half of this year has
the potential to produce substantial moves in gold, silver,
and their shares.
EXCERPTS FROM THE DELTA STORY
BY WELLES WILDER.
"DELTA IS NOT A MARKET FOLLOWER;
IT IS THE REASON FOR ALL CYCLIC MARKET PHENOMENA."
Soon, we were sitting in Jim’s
living room chatting and I was scheduled to catch the 5:30
flight back home.
“How long will it take to
show me your discovery?”
"Not long," said Jim, "but first if you wouldn’t
mind, I would like to tell you how this thing, Delta, came
"Is that what you call it,
"Yes. Delta is a Greek letter
derived from a word meaning door, in this case a door to the
unknown. It also means for me the word diagnosis, a diagnosis
of the markets. A few months ago I began thinking about the
markets in a way that was different for me. I attempted to
find out if there was some kind of order in all markets. I
visualized the markets as being a hologram. Do you know what
a hologram is, Welles?"
"Yes, a hologram is a projection
in three dimensions."
"Right.” Do you know
how one is made?"
"A hologram is made by projecting
laser light through a holographic negative - much like a photographic
negative with normal lighting. However, if one looks at the
holographic negative with normal lighting, it looks like mass
"When laser light is projected
through the negative, then the three-dimensional hologram
appears and the confusion is replaced by perfect order."
"This was my approach to finding
order in the markets. Suppose the holographic negative was
the markets. If I could find the right laser to shine through
the negative, if there was order there, it would be immediately
obvious. He asked me to come into the kitchen and sit down
at the table."
"Here is a bar chart of the
last nine months of Gold. It's mass confusion. Now look at
this same market with this Delta overlay on the chart. Just
study it for a minute."
I looked at the chart. It was overlaid with
colored lines and numbers. It took about five seconds for
it to hit me. I could not believe the answer was that simple.
I suddenly felt a sense of awe seeing something
like no one else had ever seen. I felt like the person who
had spent his life searching for something, and ended up
finding it in his own backyard.
Delta is not a market follower; it is the
reason for all cyclic market phenomena. When the study was
almost finished I called Jim and invited him to come to
my office for a week to verify my findings. When Jim arrived
we both worked night and day on the project. Jim went over
every chart in detail. He also worked out the Long-term
Delta for the rest of the markets.
Long Term Delta
How would you like to know that a market
is going to move up for the next four months and then down
for the next three months? Most people would just laugh
at such a suggestion. They will jeer and say, "Nobody
could ever know anything like that!"
Before the Delta Phenomenon was discovered,
they would have been right. But now, a few traders know
that this is not only possible, but they have seen it happen
so consistently, time after time in market after market,
year after year, that they take it for granted!.
The Long-term Delta turning points were discovered
and locked in concrete in 1984. They are just as accurate
now as they were then.
Proof of the Hidden Order
I asked a mathematician to make the following
If there is not perfect order in the markets,
what are the chances that One could know in advance that
T- Bonds would make the highs and lows (in high/low rotation)
as shown on the chart? The answer is one chance in 322 billion!
To be exact, 1 in 332,687,692,541 that the turning points
on the chart could have been known before they happened.
Do investment bankers and financial institutions
worldwide know this?
Yes, some do, but try to tell this to your
average banker and he will think you are some kind of a
nut! I know,I've tried!
But I have heard from a few people in major
financial institutions (mostly in Europe) who read this
book and believed it In fact, they used the knowledge in
the book to find the order in the European currency, bond
and stock markets.
Are these bankers telling anyone about the
Delta order? Not hardly! They have something that gives
them an edge in competition with other financial institutions.
They are not about to let anyone else in on it! So, how
else can this information help you to trade the markets?
Perhaps this sounds like a dumb question, but maybe I can
point out some ways that you haven't already thought of.
 At every Long-term Delta turning point,
there will be a coming together of Medium- term and Intermediate-term
Delta turning points to pinpoint the major turn. This allows
you to get in the market at the beginning of the move with
a reasonably close stop.
 Trade only in the direction of the major
trend. If you know that an up trend is going to last for
the next three months, then take only long trades.
When Jim Sloman finished the last Delta chart
back in 1984, he looked up from the table and made a statement
that I will never forget. He said, "Welles, it's like
having a road map into the future. What an incredible advantage
to those who have it."
The actual highs and lows are indicated on
the chart using # to indicate when they arrived. The numbers
in the circle at the edge of the chart, top and bottom,
indicate when the highs and lows are due. The next Delta
medium turning point for gold is a high due July 12. The
range for arrival is between June 28th and August 9th. In
a strong bull move the highs tend to arrive late. You can
see that there was a very powerful move up to the recent
# 1 high. The reverse is true for powerful down moves. The
colored vertical lines are the “Laser” light
that Jim Sloman discovered. They produced the Holographic
effect that allows us to know when the highs and lows will
occur. The number of turning points is different for different
groups of commodities and stocks. The four vertical colored
lines repeat ad infinitum. The number of turning points
between the vertical colored lines remains constant for
each commodity, stock group, and index as far into the future
as you want to go. There always are the same number of turning
points between the colored vertical lines. The Delta turning
points are truly an amazing discovery. They are not perfect
accuracy. They give us the perfect order of highs and lows
within an approximate period of time. The period of time
has been researched using a massive computer study and going
back 200 years.
GOLD WEEKLY CHART WITH
DELTA MEDIUM TURNING POINTS
GOLD MONTHLY WITH LONG
TERM DELTA TURNNG POINTS
The Precious Metals Market
Timing letter includes the short, medium and long term Delta
turning points for gold, silver, the gold and silver shares,
the HUI and XAU. The letter is posted twice
a week and updates are posted when market action warrants.
The Precious Metals Market Timing letter is listed under
services offered by the Delta Society International.
Subscriptions and other information about the Delta
turning points may be found at:
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.