I want to create a content slider in drupal 6 similar to what exists here
I am using views 3 on my site.
You can use Views Slideshow module for this.
Views Slideshow can be used to create a slideshow of any content (not just images) that can appear in a View. Powered by jQuery, it is heavily customizable: you may choose slideshow settings for each View you create.
You can read tutorial here: http://drupal.org/node/755010
Finally solved it.
I used the als jquery code to accomplish this. Its very light and loads very fast.
Just follow the procedure they explain and you will be done. One might face difficulty in using this code in drupal 6 as it requires jquery-1.5 or higher. But you can surely find ways to update jquery to required version.
I hope this helps others looking to do similar things.