I made this on Boxing Day. This was so good that it has a definite chance to become a Boxing Day tradition.
We do not have the exact correct pan and rack combination for this but the roast fits into one of the pans that we do have and I just spread a few carrots on the bottom of the pan in lieu of a proper rack to lift the meat off the bottom.
Remove meat from refrigerator about two hours before cooking is to begin.
Preheat oven to 550.
No liquid.
Place roast in oven, immediately reduce heat to 350.
Roast 18 to 20 minutes to the pound for medium rare.
Increasingly as I mature I subscribe to the use of a meat thermometer. A thermometer really does give better results than just guessing. 130 for rare, 140 for medium. Remove from oven and let it rest for long enough to finish other preparations.
For information purposes I note that the pictured piece of meat cost about $45.