Marketplace Roundtable #51: The Market's Next Legs Down and Up With Avi Gilburt
b'Avi Gilburt rejoins the Marketplace Roundtable to share his prognosis on the market after a bumpy year. He reviews the basis of his investing style, and its roots in investor sentiment. He sees the potential for both a strong correction and an eventual bigger rally, which leaves him looking for a better entry point. The story is similar in bitcoin and metals as well.
Topics covered:
2:00 minute mark - Description of "Fibonacci Pinball" and "Elliot Wave."4:30 - What do these theories say about today\'s market?6:30 - How does this affect your investing strategy?9:00 - Lessons learned.10:30 - What to look for when entering into an investment.13:30 - Would your investing strategy be useful in dealing with anything from the past year or so?15:00 - Can central bank action affect Elliot Wave cycle?18:00 - Does anything scare you about the markets or your portfolio?19:15 - What gives you confidence?20:00 - Bitcoin bottom and rally.22:30 - Specific ideas recommendations.
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