%0 Journal Article %T Recurrence relation for HOMFLY polynomial and rational specializations %A Rehana Ashraf %A Barbu Berceanu %J Mathematics %D 2010 %I arXiv %X Turning the skein relation for HOMFLY into a Fibonacci recurrence, we prove that there are only three rational specializations of HOMFLY polynomial: Alexander-Conway, Jones, and a new one. Using the recurrence relation, we find general and relative expansion formulae and rational generating functions for Alexander-Conway polynomial and the new polynomial, which reduce the computations to closure of simple braids, a subset of square free braids; HOMFLY polynomials of these simple braids are also computed. Algebraic independence of these three polynomials is proved. %U http://arxiv.org/abs/1003.1034v1