This Fibonacci guy really gets around. I'll read a tidbit from one of my books:
"In his book 'The Elliott Wave Theory', Elliott also stresses the importance of the number series known as the Fibonacci Summation Series. Fibonacci (also known as Leonardo de Pisa) was an Italian mathematician who lived in the 13 century. Fibonacci's summation series begins with the numbers 1,1,2,3,5,8,13,21,34,55,89,144... and goes on to infinity. Except for the first '1' each number in the series is the sum of the two previous numbers. Elliot was convinced that the numbers in the Fibonacci series were related to all occurances in nature."
This was taken from page 39 of my book:
Techniques of a Professional Commodity Chart Analyst, by Arthur Sklarew.
__________________
Mike McCarty
|