"Eventually, I found the exact time period. I am going to put one of the tide charts on the first projector and another tide chart on the second projector. Now I will move one projector so that a particular day on each chart is exactly overlaid. Notice that these two days are exactly the same. In the time period between those two days, there are no two days that match. Therefore, the time between those two days is the exact time for one complete interaction of the sun, the moon, and the earth. That time period is exactly 12 lunar months." "The chart for every day is exactly the same as the chart for the same day 12 lunar months before it and 12 lunar months after it, etc. This means that markets will repeat every 12 lunar months. I have done some preliminary work that shows this idea to be true. However, it is up to you Directors to solve it for each market. I suggest that we call the order on this new time frame the Medium Term Delta (MTD)."
After that meeting in London, I came home and began to work on the solutions. I used weekly charts and put a colored line on every third full moon. That gave me the same four colored lines for each lunar year. I solved the Medium Term Delta for all 25 commodity markets in just two days. It takes only eight words to describe the Medium Term Delta (MTD) order. Markets repeat directly or inversely every lunar year. There is one thing different about the MTD. There is no number 4! It appeared that the reason might be that the number 4 was involved in the time frames which related to two of the bodies. The Intermediate Term came from the interaction of the earth and the moon . . . which is the lunar month. The Long Term came from the interaction of the earth and the sun . . . which is a calendar day. We reasoned that when the interaction of all three bodies resulted in a time frame, then the third body takes the place of the number 4 and the series becomes one happening or unity.
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THE DELTA PHENOMENON