10/30/08- Market Gains on Better Than Expected Economic News

THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER

10/30/08 - Today the Dow closed at 9,180.69 up 189.73 while NASDAQ gained 41.31 to close at 1,698.52. The S&P 500 was up 24 to close at 954.09. The Ten Year Treasury Note closed at 100.34 down .81 pushing the yield up to 3.95%. Oil was down $1.54 per barrel to close at $65.96. The U.S. Dollars gained .00185 against the Euro so one Euro will buy US$1.29601. The market's rally was the result of better than expected economic news in addition to the central bank's loosening of the credit market. That's all from Atlanta.