QQQQ Morning Update

Friday, June 14, 2007, 8:40AM EST

Closing prices:
QQQQ 47.36 +0.31 +0.66%
QQQQ got its boost from INTC

AFTER HOURS: ADBE beat estimates

Intermediate-term outlook (weekly chart): BULLISH
Short-term outlook (daily chart): BEARISH
Very short-term outlook (60-min chart): BULLISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): BULLISH
Current QQQQ pre-market price: 47.67 +0.35 +0.73%

Preceding day market actions:
None
Current open positions:
1. Credit Call Spread (Opened on 5/04/07)
Long QQQGX Jul 50 Call
Short QQQGU Jul 47 Call
Credit 1.08
2.Credit Call Spread (Opened on 5/24/07)
Long QQQHX Aug 50 Call
Short QQQHU Aug 47 Call
Credit 0.9693
3.Credit Call Spread (Opened on 6/13/07)
Long QQQGX Jul 50 Call
Short QQQGV Jul 48 Call
Credit 0.40

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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