ANSWERS: 3
  • Well 8 is a Fibonacci number, and I occasionally use the number 8, so yes. But I know that's not what you meant. Is there a use for the sequence? The sequence does come up all the time in unusual ways: the "rings" around a pine code make fibonacci numbers, or the seeds in a sunflower. But I use a lot of advanced math in my job, and I don't remember every having to use the Fibonacci numbers for any useful purpose, so if I don't then the chances are, neither do you.
  • There may not be a NEED for them, but the Fibonacci sequence appears in nature everywhere (look at pinecones, honeybees, pineapples, sunflowers, etc.). So I suppose they help us better understand the world around us.
  • Yes, Technical Analysis in the field of Finance uses Fibonacci ratios and they relate to usage of Elliott's Wave Theory. However, the usage is disputed among efficient market thinkers because they do not believe that the financial markets act in a rational way.

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