Understanding Fibonacci Numbers

ISBN: 0934380082

Author: Dobson, Edward D.

Condition: Used

This booklet is a primer on Fibonacci numbers and is intended to give the reader an initial acquaintance with the concepts of the Fibonacci number sequence and to provide some historical background. It gives the reader an idea of how Fibonacci concepts and ratios are used by stock and commodity traders and analysts, and informational sources, with accompanying comments on the ones Dobson considers most worthwile for the Fibonacci student interested in applying the concepts to trading stocks and commodities.It is not intended to give complete and comprehensive coverage to this fascinating subject. This would be impossible in such a limited space. The primary emphasis is not on the profound influence Fibonacci has had in art, architecture, geometry, mathematics and other areas, but on how the trader of stocks and commodities can put this information to practical use.I am grateful to my friend, Robert Prechter, one of the most knowledgeable "Fibonacci Disciples" I know, for his permission to borrow from his thought and work in composing this booklet.