Word: fibonacci
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Dates: during 1970-1979
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...stock market so often seems to be ruled by arcane forces that its more imaginative speculators have tried to correlate its gyrations with all sorts of noneconomic indicators: sunspot activity, hemline lengths, the 13th century "Fibonacci sequence" of numbers, or even the messages flashed on a Jehovah's Witnesses sign in Brooklyn that is visible from Wall Street's towers.* The newest indicator, and an unusually reliable one, is the itinerary of Henry Kissinger. When President Nixon's personal agent jets to Peking or Paris for talks about Viet Nam, stock prices often shoot...
...Fibonacci sequence goes 0, 1, 1. 2, 3, 5, 8, 13, 21, etc. with each number from the third on derived by adding the two previous numbers. Some market watchers insist that stock-price cycles follow Fibonacci numbers, and are composed, say, of five bull and three bear movements, with each movement subdivided into eight, 1 3 or 2 1 minor swings. The Jehovah's Witnesses sign within the past year has flashed "Paradise Soon" just before a nice market rally, and "Dead Will Rise" immediately before prices of some long-depressed stocks began going back...