QQQQ Morning Update

Thursday, September 27, 2007, 8:45 AM EST

Closing prices:
QQQQ 51.32 +0.25 +0.49%
QQQQ tried to move higher

Intermediate-term outlook (weekly chart): NEUTRAL
Short-term outlook (daily chart): BULLISH
Very short-term outlook (60-min chart):BULLISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): BULLISH
Current QQQQ pre-market price: 51.55 +0.23 +0.45%
Preceding day market actions:
None

Current open positions:
1. Credit Call Spread (opened on 5/04/07, rolled on 7/12/07 and 9/5/07)
Long QQQJZ Oct 52 Call
Short QQQJW Oct 49 Call
Net Credit 0.20
2. Credit Call Spread (opened on 9/07/07)
Long QQQJZ Oct 52 Call
Short QQQJW Oct 49 Call
Credit 1.19
3. Credit Call Spread (opened on 9/07/07, rolled on 9/20/07)
Long QQQJA QQQQ Oct 53 Call
Short QQQJX QQQQ Oct 50 Call
Net Credit 1.1849

Alerts:
None