Customer Reviews

Understanding Fibonacci Numbers

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Only three pages of this tome are devoted to Fibronacci numbers, and none of these is remotely related to market analysis. The rest of the pamphlet contains an impenetrable discussion of Elliot Wave mumbo-jumbo.

This booklet is exactly what it claims to be and nothing more: a very basic overview of Fibonacci numbers as is used in tracking price movements. There are a few pages describing how the numbers are calculated or derived and then gives a two-page real-life example of Fibonacci relationships in the price movements of the DJIA in the context of technical analysis (specifically Elliott Wave analysis). The bibliography is a real treasure. Overall, if you are interested in Fibonacci numbers this might be the first place you start, but it will NOT give you a lot of depth.

Provides a lot of interesting details about Fibonacci numbers. With that being said the type looks like system font and the only stock market example is a photocopy of a news article with such small type that you will have to use a magnifying glass to read it.

This book is almost funny in this day and age. How can anyone sell something so poorly done, I will never know. I cannot read the type font, it looks like a very poor copy of poor font styles. A waste of money, you can get more info from google, free.