The Rosen Market Timing Letter
Posted Sep 4, 2020
Because of Quantitative Easing the Dow Jones Industrial Average for the second time reached the upper trend line of this 127 year logarithmic chart. Will there be hyperinflation or deflation? We do not have long to wait. Major Wave II was an 89 % decline. If Major Wave IV is an 89 % decline the Dow Industrials would bottom at 3,252.59. If the Dow Industrials keep moving above the upper trend line, hyperinflation will be the message.
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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 brokers and personal financial advisors before engaging in any trading activities. Do your own due diligence regarding personal investment decisions.