Monday, May 15, 2006

Retracements and Fibonacci Numbers

What Are Fibonacci Numbers

The original problem Fibonacci investigated (in the year 1202) was about how fast rabbits could breed in ideal circumstances.

Suppose a newly-born pair of rabbits, one male, one female, are put in a field. Rabbits are able to mate at the age of one month so at the end of its second month a female can produce another pair of rabbits. Suppose our rabbits never die and the female always produces one new pair (one male, one female) every month from the second month on. The puzzle Fibonacci posed was...

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