11/24/08- Rally for Market due to Citygroup Bailout

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

11/24/08 - Today the Dow closed at 8,443.39 up 396.97 while NASDAQ gained 87.67 to close at 1,472.62. The S&P 500 was up 51 to close at 851.81. The Ten Year Treasury Note closed at 103.56 down $1.13 pushing the yield to 3.32%. Oil was up $4.43 per barrel to close at $54.36. U.S. Dollar lost .03431 against the Euro so one Euro will buy US$1.29551. The market's rally was the result of the market's positive reaction to the Fed's bailout plan for Citigroup totalling $326 billion and Obama's confirmation of the selection of Tim Geitner as Secretary of the Treasury. That's it from Atlanta.