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Dumotier21

02/16/11 6:40 PM

#3961 RE: bewise43 #3960

you may find this article on the fibonacci retrace helpful

http://www.swing-trade-stocks.com/fibonacci-retracements.html

I did a random search and found this page. I am sure you can find others that are just as good at explaining it.
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StarSpangledBanner

02/17/11 8:50 AM

#3963 RE: bewise43 #3960

Here is an explanation of the actual Fibonacci Sequence and how it relates to many things.
http://www.mathacademy.com/pr/prime/articles/fibonac/index.asp