Most technical analysts use the fibonacci numbers and ratios while carrying out their analysis.
In fact most of the participants of my workshops on technical analysis are ashtonised by fibonacci especially when I provide them with real life examples of the relevance of these numbers and ratios.
So I thought that for the benefit of everyone, I may include a link to an interesting article which i found during my last Sunday's internet browsing session
The article is titled "Fibonacci in Nature" and contains a lot of examples of their ocurrence and recurrence.
Check out these links
http://www.world-mysteries.com/sci_17.htm
http://www.goldennumber.net/
I hope every one is enlightened further as to how little we know !
CA Rajiv D Khatlawala
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