If Fibonacci were so smart he'd be as rich as T. Boone Pickens.  The human mind, in the absence of any cogent indicators, seeks patterns in a jumble of unrelated facts and always finds them.  One fund is based on astrology.  (Seriously, the manager was on MSNBC.)  There is, I believe, a closed-end fund run by MENSA and they've done nothing but lose money because they get locked into some theory about how the market works, the more obscure the better because it keeps the riff raff out. 

Fibonacci is harder to argue with than Madame Blavatsky but the fact is that anything can happen.  Nobelists argue over how the market works.  Imagine China or Japan deciding to "diversify" by investing in Euros as well as dollars, and doing it tomorrow.  Imagine a head and shoulders pattern with both arms amputated.

Fortunately for the global economy, I've found an infallible method of not only predicting but actually controlling the market, and I'm doing my best to reverse the world-wide downward trend.  Since, whenever I buy something, the market immediately turns around and goes the other way, and I lose everything, I have begun buying bear-market ETFs.  If the past is any guide -- never mind Fibonacci -- the global market should begin its recovery within the next few days.

Of course, I'm doing this at considerable sacrifice, but St. Francis would have done it.  Mother Teresa would have done it.  Can any of us do less?