Of Fibonacci and Da Vinci Code
(Reuters)London, July 19 : If the numbers 13-3-2-21-1-1-8-5 ring a bell, it might be because you have been reading The Da Vinci Code. Dan Brown's bestseller uses that series -- a mixed-up version of a sequence of numbers brought to the Western world by a 13th century Italian mathematician -- as a clue to a secret Swiss bank account. As Brown's book, and the film, turned into a global entertainment phenomenon, the work of Leonardo Fibonacci of Pisa was given a new lease of life for millions of people. Not so for Elizabeth Miller. The technical analyst had long been a devotee of the Fibonacci sequence which mirrors patterns found in art, music, architecture and nature. Working for Redtower Research out of a farmhouse in Aberdeenshire, Scotland, Miller looks at charts of price movements to work out future financial market trends, and she says Fibonacci numbers help her. Fibonacci numbers are used by technical analysts to determine price objectives from percentage retracements, or...