11/12/08- Market Suffers Steep Decline on Light Trading

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

11/12/08 - Today the Dow closed at 8,282.66 down 411.30 while NASDAQ lost 81.69 to close at 1,499.21. The S&P 500 was down 46.65 to close at 852.30. The Ten Year Treasury Note closed at 102.78 up .81 pushing the yield down to 3.65%. Oil was down 3.17 per barrel to close at $56.16. The U.S. Dollar gained .00344 against the Euro so one Euro will buy US$1.24813. The market's decline was due to continuing over Goldman Sachs and the retail sector. Trading was light with 980 million shares on the Big Board. That's all from Atlanta.