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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: Vinnie who wrote (6177)1/6/1998 1:06:00 AM
From: JakeSki  Read Replies (1) | Respond to of 10368
 
Vinnie,
Leonardo Fibonacci was a thirteenth-century Italian mathematician who discovered the series in which each succeeding number is the sum of the two proceeding numbers: 1-1-2-3-5-8-13-21-33-54...)

The ratio of each number to the next is approximately 61.8 percent (and conversely 38.2 going the other way). These ratio's, along with %50 can be significant support/resistance points during retracements.

As always, caveat emptor - your mileage may vary.

-- George



To: Vinnie who wrote (6177)1/6/1998 7:03:00 AM
From: SE  Read Replies (2) | Respond to of 10368
 
"who discovered the series in which each succeeding number is the sum of the two proceeding numbers: 1-1-2-3-5-8-13-21-33-54...)"

Discovered???? Discovered????

Man the things you get credit for. Did anyone know that 1 + 1 + 1 + 1 = 4???? Cool....I just discovered it! Its impact in TA is that if you find a stock that quadruples you have a 4 bagger! <<gg>>

GO PACK GO!

-Scott


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