WINNING STROKES:THINK DIFFERENT:

Energy Development Ltd hit the 7th consecutive buyer freeze, after being recommended at around Rs. 105: My yesterday morning call Lok Housing & Constructions Ltd hit the buyer freeze in a rather volatile trade. Where will the stock go from here according to market sources?? In a similar way BF Utilities Ltd & NEPC India Ltd hit the buyer freeze: A sell call on BSEL Infrastructure Ltd saw it going down all down: Besides, my earlier recommended, IFB Agro Industries Ltd, Ritesh Properties Ltd etc. did well yesterday: What is the lastest on Ennore Coke Ltd?? Why should investors buy Premier Explosives Ltd or/and BNK Capital Markets Ltd in a more aggressive way?? Will Premier Explosives Ltd benefit from the Indo-US nuclear co-operation?? What is the latest on the company??

Oil prices briefly spiked to a new record above $147 a barrel Friday, as rising hostilities between the West and Iran and unrest in Nigeria sent investors rushing back to energy markets. But this war drama which was scripted by Israel, Iran and the US long back, is helping both the Iran and the US in two different ways. While, Iran is raking in huge mullah from selling of Crude Oil, a weak US dollar is helping the United States in the fiscal deficit front. So I think through this war drama, both the US and Iran was able to fool the world masses using Israel as the pawn. We all know that in this precarious condition of the world economy, UN will strictly not support any move to go on war against Iran, so is it not all these drama to help both Iran and the US. When Saddam Hussain could not defend the US with such a huge arsenal of war-heads and its fierce army (which was touted to have links with Al-Quaida), it is just foolish to think that Iran will be able to defend itself with the quality of rockets which could best be utilised during "Deewali Festival" of India. I think now the time has come for the Crude to noise-dive to below $120 per barrel, as we are approaching towards the end of Summer Driving Season in the US and the Indian/Chinese Economies are slowing down. It is to be noted that some of the major Asian Economies have already reduced subsidies on Crude Oil, restricting its rampant (mis)--use. However, there are strong rumours that Nymex could further increase the margin for the Crude Oil on Monday, to discourage speculators: The encouragement of the Non-conventional Energy is also reducing the demand for Crude Oil world-wide. Recently the government of India came out with the bio-diesel policy which will usher in a new era for the Indian Bio-diesel companies like Southern Online Bio Technologies Ltd or IKF Technologies Ltd:

Anyway, should we average Kohinoor Broadcasting Corporation or Exit the counter booking losses?? What is the latest on a Reliance Group Company which was recommended yesterday to the Paid Groups, as a Multibagger?? Should we start buying in a aggressive manner Mukesh Ambani Group Companies?? Which Tractor Company is expected to do well going forward?? How will the markets behave from here??

MarketWatchU.S. stocks battered again after brief rally loses

NEW YORK -- U.S. stocks on Friday lapsed back into the cellar after a late-day rally that followed reports that Federal Reserve Chairman Ben Bernanke offered the central bank's discount window to battered mortgage lenders Fannie Mae and Freddie Mac.

"The biggest culprits are bouncing off their lows. It amounts to throwing a deck chair off the Titanic obviously," said Art Hogan, chief market strategist at Jefferies & Co.

Of reports that Bernanke had offered use of the discount window to the government-sponsored entities, Hogan said"that would be the logical follow-through to (Treasury Secretary Hank) Paulson saying we're going to give them access to capital. But they still have a trillion dollars of exposure to mortgages they guaranteed."

Off its earlier lows that had the Dow Jones Industrial Average dropping below the 11,000 level for the first time in nearly two years, the blue-chip index was recently off 154.37 points at 11,074.65.

All but five of the Dow's 30 components succumbed, with Chevron Corp. fronting the declines, off 4.3%.

Investors were also leery about the ailing financial sector with second-quarter results on tap next week from big institutions including Merrill Lynch & Co. and J.P. Morgan Chase & Co.

Shares of General Electric Co. tilted slightly higher after the conglomerate affirmed its 2008 outlook and reported results that met forecasts. The Dow component also said that it would sell its Japanese consumer-lending unit for $5.4 billion.

"GE got us ready for what we're going to be listening to: in-line number, lackluster guidance. Other than with financials next week, we get no guidance and have no idea where we're going," said Hogan.

General Motors Corp. led the minority gains among the blue chips, with the shares of the automaker up 2.2%.

The S&P 500 Index dropped 14.64 points, or 1.2%, to 1,238.75 with all 10 of the index's industry groups falling, led by financials, down 4.3%.

The Nasdaq Composite skidded 27.46 points, or 1.2%, to 2,230.39.

Volume on the New York Stock Exchange topped 1 billion, and decliners topped advancers nearly 3 to 1. On the Nasdaq, 642 million shares traded, and decliners outpaced advancers nearly 2 to 1.

Fault lines: In a short statement early Friday, Treasury Secretary Hank Paulson said that the government was committed to supporting Fannie and Freddie in "their current form."

Fannie Mae and Freddie Mac the biggest buyers of U.S. home loans, both tumbled at the start and remained down in the wake of Paulson's comments. The mortgage giants' shares were recently down more than 25%, with investors holding the view that U.S. taxpayers would foot the bill for any rescue.

The spiking price of crude also weighed, with tensions between Iran and the West and worries about supply sending futures to an all-time high above $147 a barrel in electronic trade on Globex. On the New York Mercantile Exchange, crude closed up $3.43, at $145.08.

"The only friendly thing I can find to say is InBev is raising its bid for Anheuser-Busch Cos," said Hogan of reports that the Budweiser brewer is in talks to be acquired by the Belgian firm.

"Will they change the name of the stadium in St. Louis to Stella?" he quipped. Also pressuring the equities market was Labor Department data earlier that showed the price of goods imported into the country climbing more than expected in June, as soaring fuel costs and a drop in the dollar combined to drive up the cost of non-U.S.-made products. In a separate report, the Commerce Department said that the nation's trade gap narrowed, with U.S. exports increasing at a more rapid pace than imports during May.

Overseas, Asia markets traded mixed, with the Nikkei 225 Average registering a slight loss in Tokyo but the Hang Seng benchmark advancing 1.7% in Hong Kong.

On Thursday, U.S. stocks closed higher with concerns about the viability of Fannie and Freddie offset by a large-scale acquisition in the chemical sector and a 10% rise in shares of Alcoa Inc. [From Internet].