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Why Phi? August 14 Marks the Golden Mean

by Susan C. Walker
8/8/2008 5:00:00 PM

As the unofficial governing body that oversees the celebration of Phi Day, we here at Elliott Wave International have a bit of a conundrum on our hands. Should Phi Day be 6-18 or 8-14? We can explain.

Filed Under: phi, golden ratio, golden mean
Category: Classic Prechter


Wanted: Ideas To Help Put Phi Day on the Calendar

by Susan C. Walker
6/18/2008 3:30:00 PM

The ratio that governs Elliott waves, architecture and spirals, to name a few, is so deeply satisfying aesthetically and intellectually that it almost deserves to have two dates to celebrate it. It takes a certain dedication to appreciate all the ramifications of phi (pronounced "fie").

Filed Under: .618, phi, Phi Day, Fibonacci sequence, Talk Like a Pirate
Category: Classic Prechter


Fibonacci, the Declaration of Independence & Equality

by Editorial Staff
6/17/2008 7:15:00 PM

Once you know how the Fibonacci sequence and the golden ratio, phi (0.618), tie into the ebb and flow of life, you tend to notice relationships based on them. The recent U.S. presidential primaries present a chance to reflect on how landmark events in the struggle for equality in U.S. history fall on Fibo dates.

Filed Under: U.S. election, fibonacci, Fibo, phi, civil rights, obama, clinton, McCain, Civil Rights Act
Category: Classic Prechter


Get Ready To Celebrate Phi Day With Us on 6.18

by Susan C. Walker
6/12/2008 6:00:00 PM

This year, once again, we're celebrating Phi Day on its numerical representation, which is .618 or June 18, and we ask you to join with us to start spreading the word.

Filed Under: phi, Phi Day, fibonacci, Fibonacci sequence
Category: Classic Prechter


1.618 Reasons To Learn About Fibonacci Trading

by Editorial Staff
5/9/2008 5:00:00 PM

When something sounds esoteric – like Fibonacci trading – the brain sometimes goes into avoidance mode. "Don't make me think that through," it says, "just let me get it quickly." Here's a quick lesson from Bob Prechter of Elliott Wave International.

Filed Under: Fibonacci trading, golden ratio, Fibonacci sequence, phi, 1.618
Category: Classic Prechter


Fibonacci Numbers: Still Useful After All These Years
Elliott Wave International describes the concept of Fibonacci numbers and their use in forecasting the markets.

by Alan Hall
3/14/2008 4:45:00 PM

Leonardo Fibonacci of Pisa was the most important mathematician of the Middle Ages. In 1202, he wrote a landmark book on arithmetic, which popularized the decimal and Hindu-Arabic numbering system that we use today. His other discovery, what we now call "Fibonacci numbers," has had a profound impact on the analysis of modern financial markets.

Filed Under: fibonacci numbers, rabbits, phi, golden ratio, r.n. elliott, leonardo fibonacci
Category: Stocks


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.