How Fibonacci Techniques Identify Market Turns | Elliott Wave International: "In the 13th Century, an Italian mathematician named Leonardo Fibonacci made a remarkable discovery: Rabbits, when placed in an enclosed area for one year, will reproduce a new pair of kits in a very precise, repetitive pattern: 1, 1, 2, 3, 5, 8, and so on to 144. This chain of numbers is the Fibonacci sequence.
Since then, the relevance of the ratio (.618/1.618) has been proved time and time again, from the DNA strand to the human hand (five fingers, each with three bones) -- as the natural progression of growth and decay."
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