QQQQ Morning Update

Thursday, May 03, 2007, 8:50 AM EST

Closing prices:
QQQQ 46.42 +0.51 +1.10%
QQQQ jumped on macroeconomic data and positive comments on CSCO.
After-Hours: SYMC (19.23 +1.06) reported $0.04 better than expected and added 5.83%

Intermediate-term outlook (weekly chart): BULLISH
Short-term outlook (daily chart): BULLISH
Very short-term outlook (60-min chart): BULLISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): SLIGHTLY BULLISH
Current QQQQ Pre-market Price:
46.56 +0.14 +0.30%

Preceding day market actions:
None

Current open positions:
1.Credit Call Spread (Opened on 4/25/07)
Long QQQFX QQQQ Jun 50 Call
Short QQQFU QQQQ Jun 47 Call
Credit 0.72

Alerts:
None

Open the QQQQ main page for today's technical signals, reports and charts:

http://www.optionsmart.com/osmembers/qqq/

The OptionSmart Team
qqq@optionsmart.com
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