Sarissa Resources Inc (SRSR)

[MrAnderson]

.618
This properties of the fibonacci series occur throughout nature, science and math and is the number 0.618 is often referred to as the "golden ratio" as it is the root of the following polynomial x^2+x-1=0 which can be rearranged to x= 1/(1+x).

So that's were the fib # 0.618 comes from. The other fibs 0.382 and 0.5 commonly used in technical analysis have a less impressive background but are just as powerful in Technical analysis.


Whole article on fib #'s here:

http://www.forexrealm.com/technical-analysis/graphical-methods/figures/fibonacci-studies.html