Word: fibonaccially
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...what does make the stock market rise and fall? Mason Sexton graduated from Harvard Business School in 1972, went to Wall Street, and decided that all the traditional ways of making predictions were "at best hit or miss." Then he learned of the Fibonacci Ratio, based on the work of a 13th century Italian mathematician, and a modern development of it known as the Elliott Wave Theory, which declares that all advancing markets have five waves up and three waves down...
...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...
Among the material in his files are research papers showing that there are Fibonacci numerical patterns in the meter of works by Virgil and other Roman poets, and Fibonacci relationships between the different sizes of mosaic patterns in the floors of Greek and Roman ruins. There are studies showing that the ratio between any two successive larger Fibonacci numbers is 1 to 1.618-the same as the ratio between the sides of the "golden rectangle," a form that is traditionally used by artists and architects to produce effects that are most pleasing...
Mystical Connection. In nature, male bees reproduce Fibonaccially, and the number of spiral floret formations visible in many sunflowers, spiraled scales on a pine cone and segments on the surface of a pineapple have been found to match Fibonacci numbers. The pattern of the branching of many trees, the position of leaves on the branches, and petal formation of many flowers are also described by numbers in the Fibonacci series...