QQQQ Morning Update

Friday, May 04, 2007, 8:54 AM EST

Closing prices:
QQQQ 46.59 :+0.17 +0.37%
QQQQ extended its rise on encouraging productivity report
After-Hours: SBUX reported in line and added 2.9%, CROX beat estimates by $0.12 and added 14.9%

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): VERY BULLISH
Current QQQQ Pre-market Price:
46.90 +0.31 +0.67%

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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