fibonacci !!!
By arvindak
@arvindak (55)
India
September 2, 2006 10:05pm CST
can the discovery of fibonacci secret number, help mankind, ensure fair distribution of wealth, in the stock market ???
i feel, the money power can manipulate the market, without any doubt, it is plain, common sense, BUT IT CAN NEVER EVER ESCAPE THE FIBONACCI RATIOS, HENCE BEING AWARE OF IT, WILL TREMENDOUSLY HELP, THE COMMON MASSES FROM BEING REPEATEDLY MASSACRED IN THE stock MARKET, LEARNING AND KNOWING FIB, WILL SURELY HELP..
arvind
2 responses
@indian_investor (365)
• India
27 Sep 06
I have heard about fibonacci number.Can you elaborate it a bit.
@rmuxagirl (7548)
• United States
16 Oct 06
the fibonacci number is a sequence of numbers:
1,1,2,3,5,8,13,21....
the numbers are the sum of the previous two: 1+1=2 2+1=3 and so on.
@efreddy (250)
• Belgium
6 Apr 07
Most of the fibonacci numbers are about 61.8% of the next number and many tecnical analyse on stock markets are based on it.
But fibonacci isn't able to predict future stock market prices like this people want others to believe.
0,1,2,3,5,8,13,21,34,55 are just numbers .
So you can find that when you multiply a number by itself ex 16 = 256 15*17 (1 above and 1 under this number) =255 or just 1 lower (-1*1)14*18 (2 above and 2 under )= 252 or just 4 lower (-2*2) 13*19 (3 above and 3 under) = 247 or just 9 lower(-3*3)
10*22 =220 or just 36 lower (-6*6).
When you take 14*17 =238 it's 2.25 (-1.5*1.5) lower then 15.5*15.5,but it isn't 2 lower then 16*16 (-2*1)but 18 lower.
fibonacci and other mathematics are a great help for some things ,but you must take it in the right perpective.
