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Happy Phi Day — Perfect Time for Some ‘Phi-nancial’ Fun

http://awanginvest.com/?p=432

TODAY IS PHI-DAY, and it may be of great interest to reader-traders to delve into the wonders of Phi and I have inserted many links in this post so that readers can have the option whether to delve deeper into this Golden Ratio which impacts our sphere of activities, even our DNA.

 

The golden ratio has fascinated intellectuals of diverse interests for at least 2,400 years. But the fascination with the Golden Ratio is not confined just to mathematicians. biologists, artists, musicians, historians, architects, psychologists, as even mystics have pondered and debated the basis of its ubiquity and appeal. The Golden Ratio has inspired thinkers of all disciplines.

Phi for Neo-phi-tes

What is Phi?

Phi is simply an irrational number like PI (3.14) (p), but one with many unusual mathematical properties. Phi to the first 15 places is 1.618033988749895. What makes it more unusual is that it can be derived in many ways and shows up in relationships throughout the universe.
MORE AT http://awanginvest.com/?p=432

 

The Fibonacci numbers and principle is also used in the financial markets. It is used in trading algorithms, applications and strategies. Some typical forms include: the Fibonacci Fan, Fibonacci Arc, Fibonacci Retracement and the Fibonacci Time Extension.

The list goes on about the fractals of the spirals depicting the Golden Ratio. Today being June 18 (6-18) marks (1.618) Phi-day and I hope to write more about Phi again when we celebrate Phi-day in 2009 and the years to come.

TODAY, let us say Hip Hip Hippie-Ray that Ray’s hopes and Ray Waves like EWI Waves (all fractals of Golden Ratio) will radiate and permeate us all.

ANA aka IDkit

Ag Moderator

6-18 , 2008