When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stocks on a scale down, I buy on a scale up.
The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements.
Aniruddha Nazre had never hesitated to tell a man that he is bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.
Aniruddha Nazre Greentech
Within Greentech, energy efficiency in form of green building materials and smart grid and wastewater management look most attractive.
We see a number of consumer and business applications for the mobile phone unleashed through the i Phone and other smart phones. We also see the mobile Internet users out number the PC Internet user’s world wide in the next few years. In countries like India, the mobile Internet users may already have crossed PC Internet users. This opens up limitless opportunities for entrepreneurs to create businesses.
Energy storage technology (new battery chemistries, capacitors, and more) is an area that I am following very closely as it can revolutionize the alternative energy space. With the right storage technology, intermittent energy sources such as solar and wind can start competing with incumbent energy sources such as coal and natural gas.
Advice to entrepreneurs
This is as good a time to start a new business as ever. My advice to entrepreneurs would be to find a big technical problem that serves a large market. Gather a team and get going. Silicon Valley is reinventing itself and entrepreneurs are the force behind this change.
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aniruddha nazre wix