WINNING STROKES: THINK DIFFERENT:

As expected Crude Oil prices crashed to around $122.19 per barrel. Now I am looking at a price of less than $100 per barrel within the next few months. Ashish Kapoor, who said that the General Consensus for the crude oil is to go up, has been proved wrong once again. The problem these days is that unless people show their faces on TV Channels, many think they bullshits; but now I think the table turning on the opposite direction. It is because increasing number of analysts who proliferate TV Channels these days, barring a few, have been proved wrong in a number of occasions:

I am also told that business channels' viewership is going down these days and people are giving more important good source based information found on the Internet.

Udayan Should stop using the word "marketmen" eveytime while giving great speeches on Business Channels or to paint all the market participants with the same brush. I think his world of "marketmen" revolves around those rotten ones, Shan** Sharma, Aswi** Gujaral, Ashu Kakk**, "Ambarish Bal**, Nilesh Sh** (not the CFO of ICICI Direct), Ridham Des**, etc.

He should open his eyes a bit and improve his definition of "Marketmen or Market Participants". He also should try to omit this sentence from his great speeches, in everyday vocabulary: "What I feel is that.......". No one bothers, , "What he feels.....!!! We are here to make money and not to judge, "What he feels....How much he feels......." He earlier felt that "Crude Oil" price should touch $200 per barrel as some junk-analyst in a foreign brokerage said so......What he does not understand is that all these analysts could be bribed to "Extract/deliver a favourable sentence...." which could swing the markets or the said commodity in either direction: People these days are not fools......

I think you remember that Warren Buffet in an interview in some months back repeatedly remarked that, "the US is in a recession" and this formed a headline in most of TV Channels(Business Channels) for many weeks with Internet and print media getting hijacked by cloned copies of such views....

But, what is astonishing is that till today we do not have any news on it nor do we have any visible signs, that the US economy is on a "recession diet......."; while it swings between good and worse.

It is to be noted that Some of the "Great/legendary Investors/ Market Participants" of earlier years made money in this way......But these days with increased information penetration, it is difficult to do these kinds of tricks and survive.

In fact a depreciating dollar has worked wonders for the US Economy, reducing the fiscal deficits and improving the fundamental of the 100% EOUs. Moreover high oil prices is pushing US citizens to go for smaller vehicles or to move toward Two Wheelers. This will further pave the way for, "Demand Destruction" of Crude Oil Derivatives, kicking the "Crude Oil" through, the "$100 per barrel goal post".

I do not know why Udayan can' t be balanced like Namrata Brar or Ashu Sinha of NDTV Profit. I think he should work a little bit on his rendations, so that he does make himself suitable for such Rubbish Programmes, like "Fast Money" on CNBC TV18 (late night edition) where some men/women sit on chairs and shout or create a cacophony, to drive their points home; killing all the decency and mannerism.

A gentleman in that programme looks, as if he has just landed in the studios, from a bar while another bald fellow in the programme behaves as if he will now go with a "Dagger and kill someone, who will go against his will":

Anyway which steel scrip is looking attractive?? What to do with Reliance Industrial Infrastructure Ltd, Hotel Silver Ltd, Ennore Coke Ltd etc???

Someone asked me yesterday, "Sir, what about the recent moves by the RBI?? I simply said, 'These days no one bothers what that "eccentric gentlemen" at the helm of affairs of RBI or his "inconsistent boss", signals to the public; because we have seen on TV Channels, what all can be done to prevent a government from losing a confidence vote':

If MPs could be bought like cows, dogs, donkeys or monkeys, who cares what they say or what their downline says; hence prepare for a Rally in the Indian Bourses, today:

These days Politics have become an "MLM industry", with leaders at the top siphoning out, the maximum benefits, generated from systemic loopholes:

Stocks jump as falling oil prices, upbeat confidence data lift Wall Street's consumer gloom

NEW YORK -- Wall Street shot higher Tuesday, gaining back the previous session's sharp losses and then some, after a drop in oil prices and a rise in consumer confidence gave investors some hope for a letup in Americans' financial woes. The Dow Jones industrial average rose 266 points.

Crude oil prices sank $2.54 to $122.19 a barrel on the New York Mercantile Exchange, extending their two-week-long retreat from record highs above $147. The prospect of lower energy costs for U.S. consumers, along with a modest uptick in the Conference Board's July index of consumer confidence to 51.9 from 51 in June, came as welcome news. Consumer spending accounts for more than two-thirds of U.S. economic activity.

"The thinking is that oil prices are heading lower, and that's obviously a positive for the market," said Richard E. Cripps, chief market strategist for Stifel Nicolaus.

A stock bounce was hardly unexpected, though, after the Dow lost nearly 240 points Monday on worries about the sagging financial sector. Wall Street is torn: Energy prices, if they continue on their downward path, could provide big relief to consumers and in turn help the economy, but credit losses keep mounting at the nation's major banks. The result is big swings in the market but little consistent direction.

"We're living from one piece of news to the next," said Alan Gayle, senior investment strategist for RidgeWorth Capital Management. The market's volatility is likely to continue unless it gets further evidence that oil prices are, indeed, on their way down, and that banks have already seen the bulk of their losses.

In a sign that there could be additional asset markdowns for banks, Merrill Lynch & Co. announced late Monday that it was writing down another $5.7 billion and selling assets tied to risky debt at a steep discount to Lone Star Funds, a distressed debt investor.

Still, Merrill's moves at least answered lingering questions about the health of the brokerage's balance sheet. And many analysts said the asset sale could help to finally establish a market for all the hard-to-value securities held by various financial institutions.

"The bad news is, there's going to be write-downs. The better news is, we can estimate those write-downs with better clarity," Gayle said.

The Dow gained 266.48, or 2.39 percent, to 11,397.56.

Broader stock indicators also climbed. The Standard & Poor's 500 index rose 28.83, or 2.34 percent, to 1,263.20, and the Nasdaq composite index rose 55.40, or 2.45 percent, to 2,319.62.

The Dow and the S&P are now less than 20 percent below their Oct. 9 record peaks -- technically out of bear market territory. The Nasdaq is less than 19 percent below its Oct. 31 peak. Still, another downturn will put the market back into bear territory, and some analysts would call an advance like Tuesday's a bear market rally.

Advancing issues outnumbered by nearly 4 to 1 on the New York Stock Exchange. Consolidated volume came to a moderate 5.11 billion shares, up from 4.16 billion shares Monday.

Bond prices fell after advancing a day earlier. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 4.04 percent from 4.01 percent late Monday. The dollar was mostly higher against other major currencies, while gold prices fell.

Merrill, which plans to issue new stock to raise $8.5 billion, initially saw its stock drop. But shares later rallied to finish up $1.92, or 8 percent, at $26.25.

Most other financial stocks also bounced higher. Citigroup Inc. rose $1.03, or 5.9 percent, to $18.46; Washington Mutual Inc. rose 46 cents, or 11.7 percent, to $4.40; Bank of America Corp. rose $3.97, or 14.2 percent, to $32.03; and Wachovia Corp. rose $1.98, or 14.5 percent, to $15.61.

Airline stocks also jumped due to slumping oil prices. AMR Corp., the parent of American Airlines, rose $1.47, or 18.4 percent, to $9.47; Delta Air Lines Inc. rose $1.01, or 14.6 percent, to $7.91; and United parent UAL Corp. rose $1.50, or 21.4 percent, to $8.51.

Better-than-expected quarterly earnings helped shore up sentiment as well.

United States Steel Corp.'s profit more than doubled in the second quarter following an increase in demand and pricing. The stock jumped $20.43, or 14 percent, to $165.76.

Colgate-Palmolive rose $5.59, or 8.2 percent, to $74.15 after reporting that its second-quarter earnings rose 19 percent. Price increases helped the consumer products company offset rising input costs.

But on the downside, there was more data pointing to a still sinking housing market. S&P/Case-Shiller said its 20-city index for May fell 15.8 percent from a year earlier -- the sharpest drop since its inception in 2000. The narrower 10-city index is down 16.9 percent, the biggest decline in its 21-year history.

The Russell 2000 index of smaller companies rose 18.44, or 2.65 percent, to 714.55.

Overseas, Japan's Nikkei stock average fell 1.46 percent. Britain's FTSE 100 rose 0.12 percent, Germany's DAX index rose 0.75 percent, and France's CAC-40 dipped 0.09 percent.