11/18/08- Bargain Hunters Drive the Market Up

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

11/18/08 - Today the Dow closed at 8,424.75 up 151.17 while NASDAQ gained 1.22 to close at 1,483.27. The S&P 500 was up 8.37 to close at 859.12. The Ten Year Treasury Note closed at 101.75 up 1.00 pushing the yield down to 3.53. Oil was down .73 per barrel to close at $54.76. The U.S. Dollar gained .00048 against the Euro so one Euro will buy US$1.26358. The market's rally was the result of bargain hunters buying up cheap shares. That's it from Atlanta.